Pramerica Real Estate Investors (PREI) has hired three professionals from UBS Global Asset Management to expand its commercial real estate platform in the UK and introduce a series of UK property funds.
Pramerica Real Estate Investors (PREI) has hired three professionals from UBS Global Asset Management to expand its commercial real estate platform in the UK and introduce a series of UK property funds.
Charles Crowe, Paul Dennis-Jones and Andrew Grigson are part of the core group that managed the UK funds sponsored by UBS Global Asset Management.
The team joins Pramerica's real estate fund management operations, whose European fund management operations are headquartered in London and Munich.
Dennis-Jones, hired as a director, will serve as senior portfolio manager for the new dedicated UK strategy, with Crowe, also a director, leading transactions. Grigson joins as a vice president to serve as marketing director who will oversee investor relations. The team will manage transactions for Pramerica’s existing commingled funds and look to create new funds for UK institutional investors, including pension funds, charities, insurance companies and others.
