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The Fourth Pillar of Incentives: Co-investment
For LaSalle Investment Management, co-investment is key to attracting and retaining employees and to aligning employees with clients’ interests and the firm’s culture. Once limited to select senior executives, opening up co-investment participation to a 950-strong workforce located globally across 23 offices has been a complex operational undertaking.
Despite the challenges, Tim Kessler, global COO, spoke with NAREIM about why LaSalle is expanding co-investment eligibility, what it is delivering for the firm, and the pros and cons of expansion.
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