Manulife names global head of real estate, private markets

New hire brings decades of experience as he oversees organization's international real estate investment strategy

Manulife names global head of real estate, private markets

Marc Feliciano has been named global head of Real Estate, Private Markets at Manulife Investment Management.

He will be responsible for all areas of the real estate business, including portfolio management, investments, asset management, and the integration of sustainability into both investments and operations. Feliciano will report to Christoph Schumacher, global head of Real Assets, in his new role.

He will also oversee designing and implementing Manulife Investment Management's worldwide real estate investment strategy, as well as expanding Manulife Investment Management's capabilities on behalf of clients, including Manulife's General Account.

Manulife Investing Management's private markets offerings have provided clients with investment alternatives for decades. With a total AUM of US$59.2 billion as of December 31, 2021, it has built a holistic private markets business that provides solutions to investors in timber, agriculture, real estate equity, infrastructure equity, and private equity and credit.

The organization’s global real estate equity portfolio totals over 64 million square feet of office, industrial, multi-family residential, and retail space strategically located in markets across Canada, the United States, and Asia.

"Marc's experience in real estate portfolio strategy and his strong analytic approach will be essential to expanding the competencies of the global team as they meet the demand for sustainability and return from investors," Schumacher said. "We are excited to have him onboard and feel his expertise will allow for aggressive growth across the real asset platform for our clients."

Feliciano comes to Manulife Investment Management from DWS, where he was the CIO of Real Estate, Americas, as well as the head of portfolio and asset management for the Real Estate Americas business. He also spearheaded the debt investments group for the Americas. He has approximately 30 years of real estate investment management expertise in both public and private sectors.

Feliciano graduated from the University of Texas at Austin with a bachelor's degree in accounting and a master's degree in accounting with a focus on finance.

"I look forward to joining a team with a reputation for a stable and disciplined approach to real estate investments and for delivering good outcomes to clients," he said. "We will continue to build on the foundation that has been established and also look to grow our capabilities, using our global lens and diversified approach to asset and capital allocation, to continue to meet the expectations of our investors."