Cohen & Steers Inc., New York, has announced the hiring of a team to manage a private global real estate fund of funds. Stephen M. Coyle, who has 19 years of experience in commercial real estate investing, will head the team, which also includes Dev Subhash as a vice president and assistant portfolio manager. Mr. Coyle was previously chief investment strategist and fund of funds portfolio manager with Citigroup Property Investors. Cohen & Steers said its global real estate fund of funds will invest in commercial real estate through institutional, value-added, and opportunistic private real estate funds. The company can be found online at http://www.cohenandsteers.com.
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