Photo of Joe Munoz Munoz will serve as president and CIO of all future funds in the Income & Growth series.

CHICAGO—LaSalle Investment Management said Thursday that Joe Munoz had been appointed CIO of LaSalle Income & Growth Funds, its flagship US value-add fund series. Munoz has been an investment officer on Funds V through VII in the series; for future funds, he’ll serve as president & CIO, with primary responsibility for all aspects of strategy and day-to-day operations.

Jim Hutchinson, who founded the fund series, will remain president of Funds I through VII, and has taken on the role of chairman of the series. Hutchinson will remain with LaSalle through 2020 to ensure a seamless transition as the series progresses, the company said Thursday.

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