
Kathy Thurston Joins PGIM from CIBC
PGIM expanded its real estate debt strategies platform with the addition of Kathy Thurston as an executive director and assistant portfolio manager. Based in New York, she brings 23 years of real estate finance experience, including most recently as head of institutional real estate for The PrivateBank (acquired by CIBC).
Thurston will be responsible for the day-to-day responsibilities for both PGIM’s U.S. debt portfolio and asset management activities. She will also handle investment decision-making, ongoing investor engagement, managing leverage, and overseeing the reporting and administration of the portfolio.
At CIBC, she was a member of the leadership committee and responsible for bridge and corporate lending to institutional investors and real estate finance companies. She also helped to develop new debt products and new market expansion strategies. Previously, she was with LaSalle Bank, N.A., where she established and managed the production staff and loan portfolio for middle-market clients.
For comments, questions or concerns, please contact Dennis Kaiser