Swiss Life AM's Swiss real estate business under new management
Paolo Di Stefano is the new head of Real Estate Switzerland at Swiss Life Asset Managers. He succeeds Renato Piffaretti, who is taking on a new professional challenge, according to the asset manager.
Effective July 4, 2022, there will be a change at the top of Swiss Life Asset Managers' real estate business: Renato Piffaretti, currently Head Real Estate Switzerland, will hand over the management position to Paolo Di Stefano, currently Head Real Estate Transactions.
Piffaretti had joined Swiss Life Asset Managers in 2017 from Basler Insurance, where he was head of real estate. Prior to that, he worked for UBS' real estate division, including as fund manager of UBS Sima. He will leave Swiss Life Asset Managers to take on a new professional challenge, the company says.
Piffaretti's successor as Head Real Estate Switzerland will be Paolo Di Stefano as of July 4, 2022, subject to the approval of the financial regulator Finma. Di Stefano has worked at Swiss Life Asset Managers since 2011, initially as Head Real Estate Portfolio Management at the investment foundation. Since 2019, he has been responsible for Real Estate Transactions across all countries. In his new role, Di Stefano will develop and implement Swiss Life Asset Managers' real estate strategy in Switzerland. In doing so, he will "continue to drive and develop the expansion of the insurance portfolio and the active expansion of the national and cross-border real estate business for investment fund and investment foundation clients in Switzerland," says Stefan Mächler, Group CIO of Swiss Life.
Real Estate Transactions is now jointly managed by Jan Plückhahn, member of the board of Beos AG in Berlin, and Paolo Di Stefano.
Swiss Life Asset Managers manages and administers real estate assets of CHF 116 billion as of the end of 2021, making it one of the largest institutional real estate investors in Europe. (ah)
