Jan
09
PGIM Real Estate Names Marcus as Next Americas Head
ByCathy Marcus will assume the role when Kevin Smith retires in May, while Alfonso Munk will take on expanded responsibilities, as well.
After 36 years at PGIM Real Estate, Kevin Smith, the firm’s head of Americas, will retire in March, a plan originally announced to investors last May.
In his time at the company, Smith served as head of its U.S. business from 2012 to 2014, was senior portfolio manager for PGIM Real Estate’s flagship core equity real estate fund, PRISA, as well as its value-add fund, PRISA III, and was responsible for the oversight of all aspects of each fund’s operations, including portfolio strategy, acquisitions, sales and asset management…
