Eric Adler

Summary

Eric Adler was appointed Chief Executive Officer of Asset Management at Legal & General Group on 2 December 2024. He arrived with a reputation forged in private markets, having spent 14 years at PGIM where he helped build a $350bn private alternatives platform spanning real estate, credit and infrastructure. Eric has spent his career at major global organisations and has extensive asset management experience.

Before joining PGIM in 2010, Eric was a senior Managing Director and Co-Head of Europe for Tishman Speyer. He has also previously worked for Morgan Stanley Real Estate, where he led investment activities in Germany, France, Italy and Spain. Earlier in his career, Adler gained valuable experience at Morgan Stanley Real Estate, Credit Lyonnais, and Unibail in Paris.

Eric holds a bachelor's degree in business administration, summa cum laude, from University of Arizona, and a graduate business degree from HEC Business School in France. Eric is a founding member of the European Advisory Board of the Zell/Lurie Real Estate Center at the Wharton School and member of the GFANZ Principals Group. He is also Chairman of The Academy of Real Assets, a UK organization that aims to have a significant positive impact on diversity within the real assets industry through philanthropic and educational activities with underserved youth.

Career History

• Chief Executive Officer, Asset Management, Legal & General Group (December 2024–present)
• President and Chief Executive Officer, PGIM Private Alternatives (2010–2024), leading private alternative strategies across private credit, agriculture, real estate, infrastructure and private equity
• CEO and Global Chief Investment Officer, PGIM Real Estate
• Senior Managing Director and Co-Head of Europe, Tishman Speyer
• Investment Activities Leader, Morgan Stanley Real Estate (Germany, France, Italy, Spain)

What Eric Adler could bring to Chief Executive Officer, Asset Management at Legal & General Group:

Adler brings deep expertise in scaling private alternatives platforms and integrating diverse asset classes—critical capabilities as L&G seeks to unify public and private market activities. His 14-year track record at PGIM in building a $350bn private alternatives business, combined with his experience leading Morgan Stanley and Tishman Speyer's European expansion, positions him to execute L&G's ambitious growth targets ($500–600m operating profits by 2028) while managing the complex organizational dynamics of merging public and private market operations. His commitment to diversity and inclusion, demonstrated through his leadership of The Academy of Real Assets, aligns with modern institutional investor expectations for ESG-conscious asset management.