ING Real Estate Select, a leader in the field of indirect property investments, has hired Francijn de Ruijter as the new global portfolio manager for its multi-manager business. De Ruijter joins ING from Doctors Pension Funds Services in Utrecht, the Netherlands where she was Head of Real Estate and Private Equity and was responsible for global non-listed portfolios in real estate, private equity and infrastructure and real estate securities mandates. Prior to working at Doctor's Pension Funds Services she was Portfolio Manager Asia Pacific Real Estate at ABP (now APG) Investments in the Netherlands.
Starting in August, de Ruijter will be responsible for the day-to-day management of the ING Real Estate Select global portfolio, which includes The Global Osiris Fund and several separate tailor made global mandates.
De Ruijter began her career in 1997 as a portfolio manager of mutual funds at ING Investment Management. "I am delighted to be joining ING Real Estate Select and look forward to helping further develop the well-performing fund of funds and managed accounts, regionally and globally. This is a wonderful opportunity to work alongside some of the most capable and well-respected professionals in the industry," said de Ruijter of her new role.
The Global head of ING Real Estate Select, Jan Meulenbelt, commented on de Ruijter's appointment saying: "We continue to see long-term growth opportunities in the multi-manager sector and this appointment reinforces our commitment to support future growth for ING Real Estate Select. Francijn will contribute to the enhancement of client services with regional and local specialists in the different investment areas, with central support and reporting. She has an excellent track record and brings a wealth of experience."
Meulenbelt further commented: "The Select team has worked to build a successful business over the past number of years, which has been considered by many to be a class leader. It has been in operation for over 10 years and has grown to be a truly global organisation."