QMA names Linda Gibson as first chief business officer, continuing global expansion
NEWARK, N.J., July 10, 2019 - QMA has named Linda Gibson to the newly created role of chief business officer, the latest step in the firm’s continued global expansion. QMA is the quantitative equity and global multi-asset specialist of PGIM, the $1.2 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).
Prudential Capital Group adopts PGIM Private Capital as new global brand name
CHICAGO, July 09, 2019 - Prudential Capital Group has renamed its global investment business as PGIM Private Capital. With over $86 billion in assets under management (as of March 31, 2019), the business is the private capital arm of PGIM, the $1.2 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).
PGIM names Cameron Lochhead global head of institutional relationships
Cameron Lochhead has been named global head of PGIM’s Institutional Relationship Group, dedicated to deepening strong relationships with institutional clients and continuing to grow PGIM’s reputation for superior client service.
PGIM Real Estate Finance provides $200 million refinancing for Manhattan office building
PGIM Real Estate Finance has provided a $200 million refinancing loan to Jack Resnick & Sons for 315 Hudson St. in Manhattan.
PGIM Real Estate sells Westend Yards in Munich, completing its Triple Portfolio sale
MUNICH, April 2, 2019 – PGIM Real Estate has completed the sale of Westend Yards at Hansastrasse 24-36, a 32,000-square-meter office property in Munich, on behalf of its European value-add strategy.
Jennison Associates fixed income team hires portfolio manager Dmitri Rabin
NEW YORK, March 11, 2019 - Dmitri Rabin will join the fixed income team of Jennison Associates as a managing director and portfolio manager, effective March 12, 2019. Rabin brings 18 years of investment experience to the role, specializing in mortgages and structured finance. Jennison is an affiliate manager of PGIM, Inc., the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).
Jennison Associates hires Peter Latara as managing director
Peter W. Latara has joined Jennison Associates as a managing director and relationship manager, effective Feb. 25, 2019. The role will include a focus on both sales as well as client service. Latara will report to Lori McEvoy, Jennison’s global head of distribution.
PGIM Real Estate completes $12 billion in 2018 transactions worldwide
PGIM Real Estate completed approximately $12 billion in transactions worldwide in 2018 on behalf of institutional and high net worth investors, including investments in real estate equity and debt, and property dispositions.
Prudential Capital Group appoints Debra Hemsey to Prudential Capital Energy Partners
Prudential Capital Group has appointed Debra Hemsey as managing director of Prudential Capital Energy Partners (PCEP), the middle-market energy mezzanine fund business sponsored by Prudential Capital Group. The appointment comes on the heels of the recently announced closing of Prudential Capital Energy Partners I, L.P., a $343 million energy mezzanine fund. Prudential Capital Group is a leading source of private capital for public and private companies and is the private capital arm of PGIM, the $1 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).
PGIM Real Estate Finance provides $29.3 million Freddie Mac forward commitment to NRP Group for San Antonio apartment development
NEW YORK, Dec. 18, 2018 – PGIM Real Estate Finance has secured a $29.3 million unfunded forward commitment from Freddie Mac for NRP Group’s Lake Vue at Red Berry Estates workforce housing development in San Antonio, Texas.