DES MOINES, Iowa--(BUSINESS WIRE)--Principal Real Estate Investors, one of the largest institutional real estate managers in the United States, announces Michelle Fang will join the organization as director – marketing. Fang will be responsible for marketing and product promotion across all four of Principal Real Estate Investors’ investment quadrants, including REITs, CMBS, and private debt and equity.
“We are pleased to welcome Michelle to the team,” said Doug Harper, managing director – real estate sales at Principal Real Estate Investors. “Her extensive experience in marketing and product development will be an asset to the investment teams working in each of our four quadrants of real estate investment.”
Fang joins Principal Real Estate Investors from General Electric Asset Management, where she developed considerable experience in marketing and product development for real estate and other asset classes. She has held similar positions with Metropolitan Real Estate and Deutsche Bank.
About Principal Real Estate Investors:
Principal Real Estate
Investors manages or subadvises $40.4 billion in commercial real estate
assets. The firm’s real estate capabilities include both public and
private equity and debt investment alternatives. Principal Real Estate
Investors is the dedicated real estate group of Principal Global
Investors, a diversified asset management organization and a member of
the Principal Financial Group®.
About Principal Global Investors:
Principal Global Investors
is a diversified asset management organization and a member of the
Principal Financial Group®, with expertise in equities, fixed
income and real estate investments, as well as specialized overlay and
advisory services. Principal Global Investors manages $258.2 billion in
assets1 primarily for retirement plans and other
institutional clients2.
About the Principal Financial Group
The Principal Financial
Group® (The Principal ®)3 is a global
investment management leader including retirement services, insurance
solutions and asset management. The Principal offers businesses,
individuals and institutional clients a wide range of financial products
and services, including retirement, asset management and insurance
through its diverse family of financial services companies. Founded in
1879 and a member of the FORTUNE 500®, the Principal
Financial Group has $364.1 billion in assets under management4 and
serves some 17.3 million customers worldwide from offices in Asia,
Australia, Europe, Latin America and the United States. Principal
Financial Group, Inc. is traded on the New York Stock Exchange under the
ticker symbol PFG. For more information, visit www.principal.com.
1 As of March 31, 2012.
2 Principal Global
Investors is the asset management arm of the Principal Financial Group ®
(The Principal ®)¹ and includes the asset management operations of the
following subsidiaries of The Principal: Principal Global Investors,
LLC; Principal Real Estate Investors, LLC; Spectrum Asset Management,
Inc.; Post Advisory Group, LLC; Columbus Circle Investors; Edge Asset
Management, Inc.; Morley Financial Services Inc.; Finisterre Capital,
LLP; Origin Asset Management, LLP; Principal Global Investors (Europe)
Limited; Principal Global Investors (Singapore) Ltd.; Principal Global
Investors (Australia) Ltd.; Principal Global Investors (Japan) Ltd.;
Principal Global Investors (Hong Kong) Ltd.; CIMB-Principal Islamic
Asset Management Sdn. Bhd.; and the majority owned affiliates of
Principal International, Inc. Assets under management includes assets
managed by investment professionals of Principal Global Investors under
dual employee arrangements with other subsidiaries of The Principal.
¹"The Principal Financial Group" and "The Principal" are registered
trademarks of Principal Financial Services, Inc., a member of the
Principal Financial Group.
3 “The Principal Financial
Group” and “The Principal” are registered service marks of Principal
Financial Services, Inc., a member of the Principal Financial Group.
4
As of March 31, 2012.