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People - FEBRUARY 2, 2021

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PGIM Real Estate adds to U.S. value-add portfolio team

by Released

Ola Hixon has joined PGIM Real Estate as an executive director and assistant portfolio manager for its U.S. value-add team.

In this newly created role, Hixon will contribute to asset management oversight, transactions and fund strategy for PGIM Real Estate’s U.S. Impact Value Partners (IVP) fund, one of the first institutionally managed, woman-led impact investing funds in the industry. IVP targets investments in affordable housing and mixed-use transformative developments and has a dual mandate of achieving market-rate financial returns while creating healthy, safe and affordable communities for people with moderate and low incomes. The fund is focused on investments in underpriced locations across major U.S. markets with anticipated population and economic growth.

In addition, Hixon will serve as an assistant portfolio manager for PGIM Real Estate’s value-add U.S. Property Fund (USPF) series and will support the deployment of the $363 million in capital raised fo

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