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The retirement of China co-head Ken Ng comes amid a wave of senior changes across the firm’s Asia real estate platform.

The former Bain, Fortress and JPMorgan exec comes to Boston-based Davis to oversee capital formation after a leadership transition.

Wilson Lamont will step back in January after a 25-year tenure spanning Ares and the real estate business acquired by the US manager in 2013.

Bianca Kraus has been promoted from head of investor relations in Germany to lead capital raising across the region.

Amit Diwan, the manager’s head of India, takes on the newly created position while previous APAC boss Jon Tanaka shifts to one focused on Japan and Korea.

Joseph Ghazal has left the warehouse giant after 25 years for a newly created role at Tishman focused on expanding the firm’s business in the Middle East and India.

Terri Herubin was charged with overseeing a major restructuring of the California pension plan’s property portfolio.

The London-based manager has hired Tyler Rothenberg as a managing director on its US team, which has nearly doubled in headcount since 2024.

Despite the executive’s experience with building a private funds platform, he will not lead that effort at his future firm.

Only one of the pension giant’s property co-heads will now lead the business, ending a dual-leadership structure introduced in December 2024.