PGIM Real Estate promotes Joanna Mulford to core equity fund

PGIM Real Estate has appointed Joanna Mulford as senior portfolio manager for the firm’s flagship core equity fund in the United States. PGIM Real Estate is the $206.8 billion real estate investment and financing business of PGIM.

Mulford has worked as a portfolio manager on PGIM Real Estate’s U.S. core equity fund for 14 years and has more than 30 years of experience at the company. During her tenure, she has held a range of roles across portfolio management, asset management and transactions. Mulford was a pioneer of the firm’s move into alternative sectors of the real estate market such as life sciences, data centers, self-storage, and manufactured housing, which are areas that she has been investing in since the 1990s.

As a portfolio manager on the firm’s U.S. core equity fund, Mulford has been involved in all aspects of managing the fund, including portfolio strategy, investment decision-making, and management of the investment team. During the past 10 y