Legal & General (L&G) has hired Ashley Goldblatt to prepare a strategy to invest in debt in the U.K. commercial real estate market, Financial Times reports. Goldblatt has previously worked in the insurer’s fixed income team.

Before joining L&G, Goldblatt was head of fixed income at Axa and head of commercial lending at Prudential. L&G is planning to allocate several billion pounds to enter debt lending to real estate.

Click here for the story from Financial Times.