PGIM has appointed Eric Adler, president and CEO of the firm’s real estate unit, to lead its newly-formed private alternatives business.
Effective from 1 October, Adler will serve as president and CEO of PGIM Private Alternatives, a new unit which will bring together PGIM's capabilities across private credit, real estate equity and debt, private equity, infrastructure and agriculture. The firm said Adler's appointment and the formation of the business underscores PGIM's commitment to enhancing its alternatives franchise, which currently comprises PGIM Real Estate, PGIM Private Capital and Montana Capital Partners. PGIM boosts $237bn alternatives platform with acquisition of private credit firm Under the new structu...
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