PGIM Real Estate appoints David Fassbender as deputy head of Asia Pacific
His appointment is part of the firm’s ongoing strategy in strengthening its leadership bench and positioning the Asia Pacific platform for future growth.
Office aims to attract local talent
TAMPA, Florida, Feb. 7, 2024 – PGIM, the $1.2 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU), opened a new office in Tampa, Florida, intended to serve as an efficient and competitive location for PGIM’s technology, operations, digital and other support functions, further enabling continued business growth.
Located in the new Midtown West office tower in Tampa, the 22,272 sq. ft. space will allow PGIM to access new pools of talent in the region, enhance its operational and technological capabilities, and support the firm’s critical growth initiatives. Tampa was selected due to its status as a fast-growing, mid-cost market with access to a talent pool that draws from nearly 100 colleges in the southeastern U.S.
“Asset management requires more than simply investment expertise; increasingly, technology and innovation are what set the top firms apart,” said Roben Dunkin, head of PGIM Operations & Innovation. “Our new office in Tampa will play a crucial role in our strategy, recruiting not only investment professionals but also STEM graduates and young tech talent throughout the southeast to complement our experienced teams globally.”
“Tampa will further enable PGIM’s continued growth, drive technological excellence and enhance our innovation efforts,” said Taimur Hyat, PGIM chief operating officer. “We expect our Tampa office to be a source of new ideas that will be critical to helping us serve our clients now and in the future. This office is one of many investments PGIM is making to serve our clients globally in addition to the expansion of our alternatives, institutional multi-asset solutions and high net worth capabilities.”
Tampa Mayor Jane Castor commented, “We are so pleased to welcome PGIM to Tampa and its innovation hub to our city. We believe that this premier global asset manager will attract key talent to the region and contribute to the local economy. We look forward to a substantive long-term relationship.”
To explore open roles in the Tampa office, visit pgim.com/careers and search job postings by location.
ABOUT PGIM
PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU), is a global investment manager with more than $1.2 trillion in assets under management as of Sept. 30, 2023. With offices in 18 countries, PGIM’s businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including public fixed income, private fixed income, fundamental equity, quantitative equity, real estate and alternatives. For more information about PGIM, visit pgim.com.
Prudential Financial, Inc. (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.
His appointment is part of the firm’s ongoing strategy in strengthening its leadership bench and positioning the Asia Pacific platform for future growth.
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