Mr. Joe Azelby
Head of Real Estate & Private Markets UBS
Joe Azelbyjoined UBS Asset Management as Head of Real Estate & Private Markets (REPM) in March 2019. In this role he is responsible for the combined real estate, infrastructure and private equity asset management businesses that invest directly into real assets, unlisted funds, listed real estate securities as well as multi-manager solutions globally.
Joe is a member of the UBS Asset Management Executive Committee.
Joe was the CEO of JP Morgan’s Global Real Assets Investment Group from 1998-2017. He led the transformation of their US real estate investment business into a leading, global real assets platform spanning private and public real estate, infrastructure and maritime/transport investments across the US, Europe, Asia and Australia.
The Global Real Assets Group had 500 investment professionals managing over USD 90 billion in assets spanning office buildings, shopping malls, apartments, warehouses, airports, toll roads, hospitals, wind farms, solar fields, water, gas and electric utilities and other operating assets.
In 2012, Joe conceptualized and co-authored “The Realization” white paper that correctly predicted and explained the increasing allocations to real asset investments.
Prior to joining UBS Asset Management, Joe spent fourteen months at Apollo Global Management as Senior Partner and Head of Real Assets and a member of the firm’s management committee. During his tenure he reshaped Apollo’s real estate organization and explored both investment and platform opportunities in the infrastructure and agriculture sectors.
