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Principal Financial Group expands real estate investment group head's role

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Principal Financial Group expands real estate investment group head's role

Principal Real Estate Investors LLC CEO and Senior Executive Director Patrick Halter will take on additional responsibilities as COO for Principal Global Investors LLC.

Halter's expanded role includes overseeing boutiques Spectrum, Post, Columbus Circle Investors and Principal Portfolio Strategies. Jim McCaughan, CEO of Principal Global Investors and president of global asset management for Principal Financial Group Inc., will continue to serve in those roles.

Also taking on additional responsibilities at Principal Real Estate Investors is Todd Everett, head of Principal Real Estate Fixed Income, who will now also manage the real estate investment group's private equity segment.