Carly Tripp, a veteran investment manager, has joined Invesco’s client relations team after nearly two decades with Nuveen Real Estate and its parent TIAA. The move places her in a senior role at Invesco’s New York office, marking a significant shift in her long career in real estate investment management.

Tripp’s departure from Nuveen, where she served as Chief Investment Officer, signals potential strategic shifts within the firm’s leadership. For Invesco, acquiring a figure with her extensive experience bolsters its institutional client servicing capabilities, a key battleground for large asset managers competing for pension fund and sovereign wealth capital.

The hire comes as asset managers intensify competition for top talent to drive growth. Tripp’s deep expertise in real estate investment could help Invesco expand its offerings and market share. Observers will watch for her impact on client strategy and any subsequent moves by Nuveen to fill the void.