Financial Services >> Money Manager Interviews >> August 23, 2010

Investing In Global & Domestic Real Estate – Marc Halle – Prudential Real Estate Investors

Marc Halle is a Managing Director for Prudential Real Estate Investors, where he is the Senior Portfolio Manager for all global real estate securities funds and investments, including the Prudential Global Real Estate Fund (PURAX). Mr. Halle is also a Portfolio Manager for PREI's real estate investment products for defined contribution plans and a member of PREI's U.S. management committee. He has more than 25 years of experience in real estate capital markets, securities, development, acquisition and finance. Mr. Halle joined Prudential from Alpine Management & Research, where he was the Chief Operating Officer and a Portfolio Manager for the real estate securities funds. Prior to forming Alpine, Mr. Halle was the Senior Real Estate Analyst and Associate Portfolio Manager with Evergreen Asset Management, Inc., where he was jointly responsible for research, investment analysis and portfolio recommendations for real estate securities. Previously he was Senior Vice President of W&M Properties, a national real estate investment firm. Mr. Halle serves on the boards of directors of several privately held real estate companies. He also is a member of the National Association of Real Estate Investment Trusts (NAREIT) and is affiliated with the International Council of Shopping Centers (ICSC) and the Urban Land Institute (ULI). Mr. Halle has been widely quoted in the financial media, including CNBC, The Wall Street Journal, Forbes, Barron's and The Institutional Real Estate Letter. He holds an MBA in finance from New York University and a B.S., magna cum laude, from Tufts University College of Engineering. Profile
TWST: Let's start with an overview of Prudential Real Estate Investors and specifically its global real estate securities group.

Mr. Halle: PREI manages about $23 billion net value in assets. We are