UBS Real Estate Division Creates New Role for DC Strategy

The U.S. real estate business of UBS Global Asset Management appointed Laurie Tillinghast as Executive Director, Defined Contribution Product and Strategy.

UBS said Tillinghast‘s appointment to this newly created position formalizes the company’s recent activities to develop a private real estate solution for the defined contribution market. A new product will be offered through a collective trust vehicle for eligible retirement plans and is expected to be launched later this year.

Tillinghast brings thirty years of experience in investment, defined contribution, and financial services experience to her new role. She comes to UBS from NEPC, where she was a Senior Consultant in its DC practice, and previously served as Senior Vice President at ING Investment Management.