Investors are planning to increase their allocations to private markets to capture higher returns with the help of external partners like outsourced cios.
The fund added a real estate commitment with an existing manager at a special board meeting this summer after adding three open-end real estate funds in May.
Apostolos Katsaris has joined PGIM Quantitative Solutions, the quantitative and multi-asset solutions specialist of PGIM, as a senior client portfolio manager.