Here is a selection of the latest press releases from PGIM, the $1 trillion global investment management business of Prudential Financial, Inc. For more information, please email GlobalCommunicationsMedia@pgim.com, or contact our communications staff.

April 02, 2019

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. 

March 11, 2019

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).

March 04, 2019

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.

February 25, 2019

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.

February 20, 2019

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).

February 11, 2019

PGIM Real Estate Finance provides $18.1 billion in financing in 2018

PGIM Real Estate Finance originated a record $18.1 billion in financing in 2018 led by record production in multifamily and core-plus lending.

January 23, 2019

Prudential Capital Group provides $12.53 billion in private debt to middle-market companies in 2018

CHICAGO, January 23, 2019 - Prudential Capital Group provided $12.53 billion of senior debt and junior capital to over 200 middle-market companies and projects globally in 2018. 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).

December 19, 2018

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.

December 14, 2018

PGIM Real Estate Finance opens Cleveland office, hires originations team

CHICAGO, Dec. 14, 2018 PGIM Real Estate Finance has hired a new originations team led by Bruce Gerhart and David Strachan for its new Cleveland office, cementing its presence throughout the Midwest region.

December 12, 2018

Brooklyn affordable housing property receives $102 million loan from PGIM Real Estate Finance

NEW YORK, Dec. 12, 2018 PGIM Real Estate Finance has provided a $102 million Freddie Mac acquisition loan to Jonathan Rose Companies for Shore Hill Housing, an affordable and elderly housing property in the Bay Ridge neighborhood of Brooklyn.