- What Richard Dansereau was chosen to head up real estate for DGAM
- Why Brings decades of experience, including at Woodbourne and Fiera Real Estate
- What next Dansereau looks to continue DGAM’s success and diversify the portfolio
Desjardins Global Asset Management has tapped the well-known Richard Dansereau to lead its real estate charge, Green Street News can reveal.
Desjardins Global Asset Management, owned by Desjardins Group, tapped the industry pro last month as its head of real estate strategy and execution. The move was effective at the end of May, coinciding with the retirement of Tony Roy.
Dansereau is based at Complexe Desjardins in Montréal and reports to Frederic Angers, who is responsible for all private alternative investments at DGAM. He made the move from Woodbourne, where he was senior vice president.
Before that, Dansereau was president and global head for Fiera Real Estate. Dansereau previously spent more than a decade at Stonehenge NYC, where he was managing director.
Dansereau told Green Street News his main goal is to continue to manage DGAM’s existing portfolio of high quality real estate, which is exclusively across Canada.
“The other objective is to invest strategically and continue diversifying the portfolio,” he said.
“We’re a little heavy on Québec as a geography, light in British Columbia, a little light on retail, and so getting some diversity strategically is something we’re keen on doing.”