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PGIM Real Estate invests in Taronga Ventures in support of global innovation strategy

2021-02-04T09:23:00

As part of its effort to expand and strengthen its global innovation strategy through key partnerships, PGIM Real Estate has acquired a strategic equity stake in Taronga Ventures, further supported by a commitment to Taronga’s RealTech Ventures Fund. PGIM Real Estate is the real estate investment and financing business of PGIM, the $1.4 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU). 

“Venture capital partners are critical to helping us scale our own innovation efforts and remain at the forefront of digital evolution,” said Sara Shank, managing director and global head of innovation at PGIM Real Estate.

Read the full press release now at the link below

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