NMSIC head of real returns joins Australian Unity Investments

Responsible for real assets at NMSIC, she has been appointed to the role of general manager of investments at Australian Unity, which has investments in Real Estate Investment Trusts and commercial property.

New Mexico State Investment Council’s head of real return and real estate, Geraldine Barlow, has left to join Australian Unity Investments, the funds management arm of financial services, health and retirement living services provider Australian Unity.

She will be of general manager of investments for AUI, which has real estate investment trusts and commercial property.

Barlow was at NMSIC for two years and was responsible for real return, which includes agri, and real estate segments of the $20 billion NMSIC. Together, they represented 22 percent of the asset allocation of the US’ second-largest sovereign wealth fund.

Agri Investor revealed exclusively in March that Barlow would be changing roles.

She began her career as an investment analyst at real estate investment management firm LaSalle, then became become fund manager at JF Infrastructure and director of Hastings Funds Management USA, among other roles.

Barlow will report to chief executive and chief investment officer David Bryant in Melbourne.

Bryant said in a statement that Barlow’s breadth of experience in a range of asset classes at NMSIC would be welcomed at Australian Unity.

“She has been involved in all facets of the investment management process including due diligence, acquisitions, capital raisings, asset management and portfolio construction, which will greatly assist the business as we continue our strategic growth plans,” he said.