Steven Marino has replaced the retiring Dave Rose as vice-president of portfolio management for GWL Realty Advisors Inc.’s Canadian Real Estate Investment Fund No. 1 and the London Life Real Estate Fund.
“Dave leaves the funds well-positioned for the future,” says GWL president Paul Finkbeiner. “We sincerely thank him for the significant contributions he has made over his 30 years of service and wish him the very best on his retirement.”
Marino moves to his new role from his position as GWL’s senior VP of investments. He has more than 18 years of industry experience and has held senior positions within asset management and investments at GWL for the past 14 years.
“Steven has worked closely on developing the investments strategy for the funds,” says Finkbeiner. “As portfolio manager, he will continue to focus this strategy to achieve performance objectives.”
GWL senior VP of investments Jeff Fleming assumes responsibility for GWL’s entire investment team and will direct investment activities for all clients across Canada.
“These leaders have a strong track record of business performance at GWL Realty Advisors, and we look forward to their continued contribution in their new roles,” says GWL executive VP and chief operating officer Ralf Dost.
GWL provides comprehensive asset management, property management, development and specialized real estate advisory services to pension funds and institutional clients.