PGIM Real Estate hires Christy Hill to lead Americas Asset Management

Christy Hill has joined PGIM Real Estate as a managing director and head of Americas Asset Management to lead and implement the company’s asset management strategy for investments in the United States and Latin America. PGIM Real Estate is the real estate investment business of PGIM, the $1 trillion global investment management businesses of Prudential Financial.

PGIM Real Estate’s Americas platform had $50.7 billion in assets under management as of June 30, 2018. Based in New York, Hill will report to Cathy Marcus, global COO and head of the United States at PGIM Real Estate. Hill is also a new member of the U.S. Management Council and Americas Executive Council and will join the U.S. and Latin America investment committees effective Jan. 1, 2019.

“As we enter the later stages of the real estate cycle, our ability to extract value from our portfolios at the property level will be essential to meeting performance objectives for our investors,” said Marcus. “We are thrilled to add someone with Christy’s breadth of experience and investment acumen to lead our Americas platform.”

Hill brings to PGIM Real Estate more than 20 years of real estate investment management experience, including asset management and portfolio management responsibilities across all major property sectors and U.S. markets. She joins from Clarion Partners, where she was most recently a managing director and assistant portfolio manager for the firm’s flagship core real estate fund, responsible for acquisitions and dispositions, asset management and investor communications. Earlier, she was a senior member of Clarion’s asset management group, overseeing investment results of core and value-add investments in multiple West Coast markets. Previously, Hill worked at American Realty Advisors in senior roles across asset management and portfolio management.

Hill holds a bachelor’s degree in sociology from the University of Colorado and a master’s in real estate development from the University of Southern California. Hill replaces Scott Dalrymple, who has been named a portfolio manager for PGIM Real Estate’s flagship U.S. open-end, value-add fund.