Aegon Asset Management has appointed Gary Black as President of Aegon USA Realty Advisors, LLC ("AURA"), and named Executive Vice Presidents Scott Coté and Christoph Gabler as Co-Heads of Real Estate.
"U.S. real estate assets present a significant and growing alternative investment opportunity," said Sarah Russell, Chief Executive Officer of Aegon Asset Management.
"Leveraging that opportunity is a core element of our strategic vision for Aegon Asset Management. I am confident that under the direction of Gary Black, Scott Coté and Christoph Gabler, we will significantly expand our alternative investment strategies for institutional investors in the U.S. and abroad."
Black joined Aegon Asset Management US in June 2016 as chief executive officer. A 24-year veteran of asset management, Black was previously co-chief investment officer of Calamos Investments, and prior to that, chief investment officer, president and, ultimately, chief executive officer of Janus Capital Group.
Leading AURA's day-to-day business operations
Scott Coté, who joined Aegon in 1997, was formerly head of AURA's Commercial Mortgage Loan, Agriculture Loan, and Engineering groups. Christoph Gabler joined AURA in 2000. Formerly, as Head of Community Investments, he was responsible for AURA's tax credit investing operations and distribution.
Coté and Gabler will jointly lead these and other business units at AURA, including real estate acquisitions, property management and special servicing operations.
"Scott and Christoph have been driving forces in the evolution of AURA's products and services during the past decade," said Black. "We look to their collective experience and complementary backgrounds in real estate investing to continue to provide strategic vision and to power further innovation in our debt, servicing, and equity products."
Real-estate asset management and services
AURA offers institutional investors a fully integrated platform of real estate asset management and services, managed by more than 180 professionals located in cities across the United States.
As a member company of Aegon Asset Management, an international asset management organization based in The Hague, The Netherlands, AURA has access to global resources. Aegon Asset Management is part of the Aegon Group, an international insurance and financial services organization.