PGIM Real Estate provides $141M in floating-rate financing for affordable housing portfolio in the Bronx
This affordable housing portfolio comprises 2,021 units across 34 properties, totaling 2.1 million square feet, located in the northern Bronx.
PGIM Investments appoints head of Southeast Asia
SINGAPORE, 10 Dec. 2024 – PGIM Investments, the global intermediary business of PGIM, the US$1.4 trillion global investment management business of U.S.-based Prudential Financial, Inc. (NYSE: PRU), has appointed Brenda Leow as head of Southeast Asia, effective immediately.
Based in Singapore, Leow will lead the wholesale sales and distribution of the firm’s investment strategies across key markets in Southeast Asia. She will be responsible for broadening and deepening PGIM Investments’ client network in the region, expanding partnerships with private banks, family offices, wealth managers and global financial institutions in Asia to bring high-quality and innovative investment solutions to investors.
Leow reports to Jessica Jones, PGIM Investments’ head of Asia.
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"Brenda’s deep expertise in sales and distribution, combined with the breadth of her financial intermediary relationships, will be integral in reinforcing our long-term partnership with clients and growing our business in Southeast Asia."
“I am excited to welcome Brenda as PGIM Investments continues to accelerate the expansion of our regional footprint. With Asia poised to lead in wealth creation globally, we are seeing growing demand from investors for innovative strategies across public markets and private alternatives. Brenda’s deep expertise in sales and distribution, combined with the breadth of her financial intermediary relationships, will be integral in reinforcing our long-term partnership with clients and growing our business in Southeast Asia,” said Jones.
Building on PGIM’s strong institutional presence in Asia for nearly three decades, PGIM Investments expanded its business into the region’s high-net-worth intermediary channel in 2021, making its institutional-quality offerings accessible to private wealth investors. It has been building and growing partnerships with financial intermediaries in Asia, offering PGIM’s leading capabilities across public fixed income, global equities, quantitative solutions, real estate, and other private alternatives to meet clients’ evolving demand.
Leow added: “PGIM Investments is in a unique position to bring institutional-grade investment capabilities across a multitude of asset classes to address investors’ needs. I look forward to working closely with the team to meet this growing demand for access to relevant products, helping clients achieve true diversification and return enhancement across portfolios, especially at a time of heightened macro uncertainty.”
Leow brings more than 20 years of experience in the asset management industry across sales and distribution, marketing, as well as product development. Most recently, she was head of business management at SBI Digital Markets. Prior to this, she spent close to a decade at Natixis Investment Managers and last served as head of wholesale and retail sales for Southeast Asia. She also held roles at Fullerton Fund Management, Deutsche Asset Management, and SG Asset Management.
ABOUT PGIM INVESTMENTS
PGIM Investments offers more than 100 funds globally across a broad spectrum of asset classes and investment styles. All products draw on PGIM’s globally diversified investment platform that encompasses the expertise of managers across fixed income, equities and real estate. PGIM Funds plc is an Ireland-domiciled UCITS umbrella fund serving institutional and wholesale investors across the globe. For a full list of funds available in your region, visit pgimfunds.com.
ABOUT PGIM
PGIM is the global asset management business of Prudential Financial, Inc. (NYSE: PRU). In 42 offices across 19 countries and jurisdictions, our more than 1,400 investment professionals serve both retail and institutional clients around the world.
As a leading global asset manager with US$1.4 trillion in assets under management*, PGIM is built on a foundation of strength, stability, and disciplined risk management. Our multi-affiliate model allows us to deliver specialised expertise across key asset classes with a focused investment approach. This gives our clients a diversified suite of investment strategies and solutions with global depth and scale across public and private asset classes, including fixed income, equities, real estate, private credit, and other alternatives. For more information visit pgim.com.
PFI of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom, or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. For more information please visit news.prudential.com.
*As of 30 Sept. 2024.
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