PRUPIM boosts property investment team

17 Feb 2010

PRUPIM, the property investment arm of M&G, has appointed Justin Upton as Deputy Fund Manager on the M&G Pooled Property Fund (PPL), a fund targeted at institutional investors.

Justin, formerly a Fund Manager and Investment Director at Mayfair Capital Investment Management, joined PRUPIM in January. He was previously at Henderson Global Investors and Cushman & Wakefield.

The PPL Fund provides pension funds with access to the UK commercial property market through a diversified portfolio of assets, and provides daily dealing in its units. It has over 75 properties spread across the UK and funds under management of around £500m.

Justin will be involved in delivering and executing the fund strategy, as well as investor relations and asset acquisition and disposal. He will report to PPL Fund Manager, Dermot Kiernan.

Matthew Peake has also joined PRUPIM’s Fund Management team to support the execution of investment strategies on retail and institutional property funds.

Matt spent the last nine years at CBRE Investors as Fund Manager on two discretionary balanced pension funds.  He started his career at Chesterton and has also worked for Henderson Global Investors.

 
PRUPIM (Prudential Property Investment Managers Ltd)

Registered in England and Wales. Registered office Laurence Pountney Hill, London, EC4R 0HH. Registered number 3852763.
PRUPIM forms part of the M&G Group of companies. PRUPIM is an indirect subsidiary of Prudential plc, a company incorporated and with its corporate head office in the United Kingdom. Prudential plc and its affiliated companies constitute one of the world's leading financial services groups and is not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America.