Alex Jeffrey Appointed As New Chief Executive of PRUPIM
31 Jan 2012
M&G Investments today announces the appointment of Alex Jeffrey as the new Chief Executive of PRUPIM, its real estate fund management business. Alex joins from MGPA, the independent private equity real estate investment advisory business, where he has held various senior roles over the past 13 years, including most recently Global Chief Investment Officer based in Singapore.
On his arrival at M&G in London, expected in July 2012, Alex will join the main board of M&G and report to Michael McLintock, M&G’s Chief Executive.
Martin Moore, PRUPIM Managing Director for the past 15 years, will then become Chairman of the real estate fund management business to ensure a smooth handover to Alex. He has already expressed his intention to retire after 2012.
Alex brings to M&G more than 15 years of experience of global real estate investment management. As European CEO for MGPA, he led the growth of its operation based in London. Prior to joining MGPA, Alex worked in a series of senior investment management and corporate finance roles for Lend Lease Corporation, JP Morgan and HSBC.
Michael McLintock says: “We are delighted that Alex is joining M&G. With an impressive record of leadership roles in the international real estate investment sector, Alex is extremely well-qualified to lead the next phase of PRUPIM’s growth.”
Alex Jeffrey says: “I am looking forward to joining one of the world’s leading real estate fund management businesses. PRUPIM has an enviably long record of successful property investment. As part of M&G, an investment manager with strength in depth across all the major asset classes, PRUPIM is well positioned to offer its clients a range of innovative strategies.”
About PRUPIM
PRUPIM is the real estate fund management arm of M&G and is one of the top 20 real estate fund managers in the world by assets under management, with around £15 billion invested in a broad spread of properties across Europe, North America and the Asia Pacific region. M&G is the investment arm of Prudential Plc in the UK and Europe. For more information, visit www.prupim.com.
About M&G Investments
M&G Investments is one Europe’s leading investment managers with £194.4 billion of assets under management (as at September 30, 2011). An autonomous unit of Prudential Plc, M&G manages equity, bond and property portfolios for both individual and institutional clients.
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For further information, please contact:
Richard Miles
M&G Press Office
Tel. 020 7548 3653
Email: richard.miles@mandg.co.uk
Richard Janes
M&G Press Office
Tel: 020 7548 2354
Email: richard.janes@mandg.co.uk
Issued by M&G International Investments Limited (Registered office: Laurence Pountney Hill, London EC4R 0HH, United Kingdom.) Authorised and regulated by the Financial Services Authority.
