Jay P. Leupp

Lazard US Realty Equity Portfolio

Jay Leupp is a Portfolio Manager/Analyst on Lazard's Global Real Estate Securities team. He began working in the investment field in 1989. Prior to joining Lazard in 2011, Jay was the President and Chief Executive Officer of Grubb & Ellis Alesco Global Advisors and served as the Senior Portfolio Manager for their real estate securities mutual funds. Jay founded Alesco in 2006 and had been its President and Chief Executive Officer since its inception. Prior to founding Alesco, Jay served as Managing Director of Real Estate Equity Research at RBC Capital Markets, an investment banking group of the Royal Bank of Canada, where he oversaw a five-person equity research team. Prior to joining RBC, Jay served as Managing Director of Real Estate Equity Research at Robertson Stephens & Co. Inc., an investment banking firm where he founded the Real Estate Equity Research group in 1994. From 1991 to 1994, Jay was a vice president of the Staubach Company, specializing in the leasing, acquisition and financing of commercial real estate. From 1989 to 1991, he was a development manager with Trammell Crow Residential, one of the nation's largest developer of multifamily housing.

Jay holds an MBA from Harvard University and a bachelor's degree from Santa Clara University. Jay is a member of the board of directors of Chaminade College Preparatory, Los Angeles. He is also a member of the Santa Clara University board of regents; policy board of the Fisher Center for Real Estate at the University of California, Berkeley; the board of directors of G.W. Williams Company; and the board of directors of United American Bank.