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Inside LGIM’s search for a new CEO: ‘Eric knows what clients are looking for’

Eric Adler will take over leadership of the UK’s largest fund group from Michelle Scrimgeour later this year. His background in alternatives was key to him landing the job.

Eric Adler takes the helm of LGIM as it looks to push into private markets
Eric Adler takes the helm of LGIM as it looks to push into private markets Photo: Patrick T. Fallon/Bloomberg via Getty Images

Eric Adler has an unusual set-up as chief executive of PGIM’s private alternatives business. 

Working for the $1.3tn asset management business of New Jersey-based Prudential Financial, Adler is one of only two CEOs of PGIM affiliates based outside the US in London — the other is Raimondo Amabile who co-leads the real estate unit.

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