Prudential Launches Two Real Estate Funds

Prudential Investments has launched two new real estate funds, the Prudential U.S. Real Estate and the Prudential International Real Estate funds, complementing the existing Prudential Global Real Estate and Prudential Real Assets funds.

“Our real estate funds provide the potential for investors to hedge against inflation,” said Judy Rice, president of Prudential Investments. “These funds offer the potential to lower overall risk, while providing an opportunity for solid performance.”

The new funds will be managed by the real estate securities team at Prudential Real Estate Investors. They are: Managing Director Marc Halle, Principal Rick Romano and Principal Gek Lang Lee.

“Public real estate securities have gained acceptance around the world as an efficient means to provide investors access to large, high-quality portfolios of real estate,” Halle said. “At the same time, real estate securities can provide current income, liquidity and historically compelling risk-adjusted returns.”

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