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Thursday, April 27, 2017

PGIM Real Estate raises more than £1b for European private real estate debt fund

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LONDON–(BUSINESS WIRE)–PGIM Real Estate has completed a capital raise exceeding £1 billion for PRECap VI (Pramerica Real Estate Capital VI), surpassing its fundraising target. PRECap VI is the largest fund in a series dedicated to investing in private real estate debt in Europe. PGIM Real Estate is the real estate investment business of PGIM, the global investment management business of Prudential Financial, Inc. (NYSE: PRU). With more than $1 in trillion assets under management, PGIM is a to

April 27, 2017 at 12:50PM

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