Luxembourg-headquartered investment fund services firm IQ-EQ, known for its real estate expertise, announced the appointment of Tamas Mark as the new global head of real assets on 11 April 2024.

Mark brings over 20 years of industry experience to his new role, which involves leading the group’s global real estate and infrastructure strategy, the firm said. His expertise in managing complex real estate structures across various property sectors has been highlighted as a key factor in his selection for this position, the press release. Mark joined IQ-EQ in 2020 as the head of real estate at IQ-EQ Luxembourg.

Before assuming his role at IQ-EQ, Mark held senior leadership positions within the industry, including as the director for real estate and business unit director for real estate solutions with another investor services group. Additionally, Mark had served as a senior manager for corporate and tax services at a Luxembourg-based law firm, along with senior tax advisory roles at two of the big4 accountancy practices.

Mark’s responsibilities in his new capacity will include implementing a comprehensive global real estate and infrastructure strategy for IQ-EQ’s clients, aimed at optimising service offerings and introducing new products. He will also contribute to the development of centres of excellence for specialised real asset services within the organisation.

Commenting on Mark’s promotion, Justin Partington, global head of fund and asset managers at IQ-EQ, expressed his confidence in Mark’s abilities.

IQ-EQ has a global workforce exceeding 5,500 employees across 25 jurisdictions and manages assets under administration over $750bn.