Hedge Fund LandAndBuldings Nabs Goldman, Elliott Vets

Aug 2 2011 | 11:50am ET

Real-estate hedge fund LandAndBuildings has added a portfolio manager from Goldman Sachs Asset Management and an analyst from Elliott Associates.

David Kruth was named a principal and co-portfolio manager of international property and Corey Lorinsky an analyst. The former was a vice president and co-portfolio manager of Goldman's $2.5 billion Real Estate Securities Fund, and the latter an analyst at Elliott, HedgeWeek reports.

"I’ve known David professionally for over 15 years, in the 1990’s, he was a pioneer investing in non-U.S. property companies and I am very excited to have him on board," Jonathan Litt, founder of LandAndBuildings, said. The firm's co-portfolio manager, Craig Melcher, added of their second new hire, "Corey brings a strong background in conducting fundamental analysis and research on a spectrum of industries which will augment our investment strategy."


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