Abu Dhabi Investment Authority names European real estate chief - Pensions & Investments

Pascal Duhamel was appointed as Abu Dhabi Investment Authority's head of European real estate investments, according to spokesman Erik Portanger.

The position is new. Based in Abu Dhabi, Mr. Duhamel will report to Bill Schwab, global head of real estate at ADIA.

While ADIA does not provide data on its total assets, the Sovereign Wealth Fund Institute estimates that the fund has about $627 billion in assets. The target allocation to real estate is 5% to 10% of the overall portfolio.

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