PREI® names Eryck Su chief investment officer for Asia-Pacific business
MADISON, N.J.--(BUSINESS WIRE)-- Prudential Real Estate Investors has named Eryck Su a managing director and chief investment officer for Pramerica Real Estate Investors (Asia) Pte. Ltd, its Asia-Pacific business. In this role he will be responsible for overseeing the regional acquisitions and dispositions process and playing a key role in regional portfolio strategy and management. PREI® is the real estate investment management and advisory business of Prudential Financial, Inc. (NYSE: PRU ) .
Su, who most recently was managing director and head of Greater China for Grosvenor Fund Management, will also lead the company’s strategy in China and serve as a member of the its Asia Pacific Investment Committee.
“I’m delighted that Eryck has joined our Asia-Pacific business,” said Morgan Laughlin, senior managing director and head of PREI-Asia. “He brings a range of debt and equity investing experience that will expand our team’s ability to build strong partnerships in the region and find the best possible investment opportunities for our clients around the world.”
While at Grosvenor, Su worked on and completed a joint venture with a leading funds management company. He also managed and restructured its China retail fund. Earlier, he was Asia Pacific head of acquisitions (ex-Japan and Korea) for Deutsche Bank’s real estate investment management division. He has invested in debt and equity across all asset classes, including office, retail, hospitality and industrial, working in markets including China, Thailand, Taiwan, Korea, Australia and the U.S. He joined Deutsche Bank through its merger with Bankers Trust, where he worked on M&A and corporate restructuring mandates for that bank’s global investment banking division. Earlier, Su worked in fixed income sales and trading.
Su has a bachelor’s degree in economics from the University of Sydney and earned a graduate diploma in banking from Monash University in Melbourne. He will be based in PREI’s Hong Kong office.
PREI is a leader in the global real estate investment management business, offering a broad range of investment vehicles that invest in private and public market opportunities in the United States, Europe, the Middle East, Asia, Australia and Latin America. Headquartered in Madison, N.J., the company has other offices in Atlanta, Chicago, New York, San Francisco, Miami, London, Lisbon Luxembourg, Frankfurt, Munich, Paris, Istanbul, Abu Dhabi, Mexico City, Sao Paulo, Beijing, Hong Kong, Seoul, Singapore and Tokyo. In addition, PREI hasrepresentatives in Milan and is establishing a presence in Sydney (pending regulatory approval). As of December 31, 2012, the company managed approximately $52.2 billion in gross real estate assets ($36 billion net) on behalf of more than 490 clients worldwide. For more information about PREI, visit http://www.prei.com.
Prudential Financial, Inc. (NYSE: PRU ) , a financial services leader with approximately $1.06 trillion of assets under management as of March 31, 2013, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees are committed to helping individual and institutional customers grow and protect their wealth through a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds and investment management. In the U.S., Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more information, please visit http://www.news.prudential.com/.
Theresa Miller, 973-802-7455
KEYWORDS: United States Asia Pacific North America China New Jersey