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Impact Investing - Hero

Impact InvestingImpactInvesting

Where positive social and environmental impact enhance investment performance

Our Fund

We launched one of the first institutionally managed, woman-led private equity real estate funds built on an impact investment thesis that market-rate financial returns can be enhanced by creating healthy, safe and affordable communities for people with moderate and low incomes.

Our impact fund, PGIM Real Estate U.S. Impact Value Partners, leverages PGIM Real Estate's track record in transformative development and affordable housing, as well as the expertise of our parent company, which has invested more than $5.2 billion in impact-oriented assets since its founding more than 40 years ago.

Investment Approach

Strategy – Investing at the nexus of impact and performance

Sectors – Multifamily and affordable housing and transformative development 

Target Markets – Major U.S. markets with anticipated population and economic growth, as well as opportunities to positively impact people and communities with low and moderate incomes.

 

Impact Driven

  • Improving the lives of those with low and moderate incomes by creating thriving communities in which to live, work and play
  • High standards for environmental sustainability
  • Market-leading impact reporting and accreditation
  • Strong institutional sponsorship and alignment
More on ESG

Impact Credentials*

  • 16,800Affordable Housing Units Developed or Preserved Since 2010
  • $5B+Invested in Impact-Oriented Real Estate Since 2010
  • A+Strategy & Governance - Principles for Responsible Investment

Making a Positive Impact

Prudential and PGIM Real Estate were recognized in Fortune’s 2019 Change the World ranking for the companies' cross-enterprise work in real estate impact investing. 

Ranking #30 globally, this recognition underscores our combined experience in investing in affordable housing and transformative developments.

View the ranking

Insights & News

Q&A: Making ESG Work for Real Estate Investors
Insights

Q&A: Making ESG Work for Real Estate Investors

By Lisa Davis — Jan 19, 2021

Lisa Davis, portfolio manager, U.S. Impact Value Partners (IVP), discusses PGIM Real Estate’s approach to constructing and managing ESG-oriented portfolios.

Addressing Inequality: COVID-19 Impacts and Data Driven Solutions
Article

Addressing Inequality: COVID-19 Impacts and Data Driven Solutions

Jan 1, 2021

Read the latest insights from Dr. Raj Chetty, William A. Ackman Professor of Economics and Director of Opportunity Insights, Harvard University.

Ola Hixon joins PGIM Real Estate’s U.S. value-add portfolio team
Press Release

Ola Hixon joins PGIM Real Estate’s U.S. value-add portfolio team

Jan 29, 2021

Ola Hixon has joined PGIM Real Estate as an executive director and assistant portfolio manager for its U.S. value-add team.

U.S. Real Estate Impact Investing
Insights

U.S. Real Estate Impact Investing

Aug 1, 2020

Impact investing is a distinct strategy with a dual mandate to generate measurable positive social change and market-rate financial returns.

PGIM Real Estate Secures First Investment in Transformative Mixed-Use Project in Washington, D.C.
Press Release

PGIM Real Estate Secures First Investment in Transformative Mixed-Use Project in Washington, D.C.

Jan 8, 2019

A PGIM Real Estate joint venture will build The Vale, a 301-unit apartment building with 18,300 square feet of retail.

Inequality, Housing & Climate Change

Lisa Davis, portfolio manager, U.S. Impact Value Partners (IVP), discusses inequality, housing and climate change at The Nest Summit.  

Watch now

Portfolio Management Team

Read Bio
Soultana Reigle

Senior Portfolio Manager, U.S. Value-Add Strategies

Read Bio

Read Bio
Lisa Davis

Portfolio Manager, U.S. Impact Investing

Read Bio

Read Bio
Ola Hixon

Executive Director & Assistant Portfolio Manager, U.S. Value-Add Strategies

 

Read Bio

A Pioneer in Impact

Our parent company, Prudential Financial, Inc., (PFI), manages one of the largest impact portfolios globally – and has invested more than $2.5B across asset classes since 1976.

Read more

*The referenced impact credentials represent the broader PGIM Real Estate business and are not attributed solely to PGIM Real Estate Impact Value Partners.

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Prudential Financial, Inc. and its related entities.

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For Professional Investors only. All investments involve risk, including the possible loss of capital.

The content and materials presented here are for informational and educational purposes only and should not be construed as investment advice or an offer or solicitation in respect of any products or services to any persons who are prohibited from receiving such information under the laws applicable to their place of citizenship, domicile or residence. PGIM, Inc., is the principal asset management business of PFI and is a registered investment advisor with the US Securities and Exchange Commission(SEC). Registration with the SEC does not imply a certain level of skill or training.  PGIM is a trading name of PGIM, Inc and its global subsidiaries.

In the United Kingdom, information is issued by PGIM Limited with registered office: Grand Buildings, 1-3 Strand, Trafalgar Square, London, WC2N 5HR. PGIM Limited is authorised and regulated by the Financial Conduct Authority (“FCA”) of the United Kingdom (Firm Reference Number 193418).  In the European Economic Area (“EEA”), information is issued by PGIM Real Estate Luxembourg S.A. with registered office: 2, boulevard de la Foire, L-1528 Luxembourg. PGIM Real Estate Luxembourg S.A. is authorised and regulated by the Commission de Surveillance du Secteur Financier (the “CSSF”) in Luxembourg (registration number A00001218) and operating on the basis of a European passport. In certain EEA countries, information is, where permitted, presented by PGIM Limited in reliance of provisions, exemptions or licenses available to PGIM Limited under temporary permission arrangements following the exit of the United Kingdom from the European Union. These materials are issued by PGIM Limited and/or PGIM Real Estate Luxembourg S.A. to persons who are professional clients as defined under the rules of the FCA and/or to persons who are professional clients as defined in the relevant local implementation of Directive 2014/65/EU (MiFID II). In Germany, this material is distributed by PGIM Real Estate Germany AG, a regulated entity by the Bundesanstalt für Finanzdienstleistungen (BaFin).

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The information on this website is not intended as investment advice and is not a recommendation about managing or investing your retirement savings. In making the information available on this website, PGIM, Inc. and its affiliates are not acting as your fiduciary.

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