Less is more. In design, it’s a principle that promotes clarity and simplicity. For the individual, it suggests minimalism, that one finds less anxiety and greater happiness and satisfaction with fewer material possessions. Simple living and high thinking, one might say. For Eric Adler, CEO of PGIM Private Alternatives, it means focusing on the essential, traveling light and maximizing flexibility.
In a sense, it’s an incongruent concept for a financial services professional who seeks to raise maximum capital and earn excess returns, but it’s a theme Adler learned, in part, from his itinerant and impetuous father, Bernard Adler, who was filled with wanderlust, bouncing from one U.S. and European city to another.