MetLife Investment Management (MIM), the institutional asset management business of MetLife Inc., announced that Andrea Drasites will join the company as global head of real estate and agricultural finance, effective October 1, 2026. She will report to Brian Funk, president of MIM.
“We are excited to bring on board Andrea’s significant expertise in real estate and extensive leadership experience,” said Funk. “She is well-positioned to lead our real estate team as we continue to accelerate growth and further scale our global capabilities for clients following the acquisition of PineBridge Investments.”
Drasites will lead the company’s commercial mortgage and equity real estate portfolio, as well as its agricultural investments portfolio. MIM’s real estate portfolio represented $108.9 billion in gross real estate and agricultural assets under management as of December 31, 2025.
Drasites joins MIM from Blackstone, where she held several leadership positions during her 13 years with the firm. Most recently, she was senior managing director in the real estate group. Prior to Blackstone, Drasites held senior roles at Equity One Inc. and Woolbright Development.
She succeeds Robert Merck, who retired in 2025 following a 40-year career.
Drasites earned her Bachelor of Arts in international business from Rollins College and an M.B.A. with honors from the University of Florida.
In December 2025, MIM acquired PineBridge Investments (PineBridge), combining MIM’s institutional strength and scale with PineBridge’s global footprint and specialized investment capabilities.
