Blackstone’s global head of real estate credit has moved to Starwood Capital Group where he has been appointed president.
Jonathan Pollack will officially join Starwood at the beginning of 2025. He will take over from Jeffrey Dishner, the company’s current president. After Pollack joins the firm, Dishner will become vice chairman.
In his new role, Pollack will lead all of Starwood’s committees, including its executive, investment, disposition and operating committees.
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“He is a proven manager, and shares my vision that talent thrives in a fun and rewarding workplace,” said Starwood’s chairman Barry Sternlicht.
“I could not be more excited to start this next leg of our journey with him as part of our already accomplished leadership team.”
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Pollack joined Blackstone in 2015, where he oversaw a credit business with $84bn (£66.38bn) in assets under management. Prior to joining Blackstone, he was head of commercial real estate at Deutsche Bank, where he worked for 16 years.
Blackstone has confirmed that the firm won’t replace Pollack’s role. Tim Johnson, global head of Blackstone’s real estate debt strategies will continue in that role, supported by Katie Keenan and Mike Wiebolt.
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