REAL ESTATE SECURITIES

Management Team

Rick Romano

Head of Global Real Estate Securities

Rick J. Romano is a managing director at PGIM Real Estate and head of the Global Real Estate Securities (GRES) business. Based in Madison, New Jersey, Rick is the chief investment officer and senior portfolio manager for all GRES funds and investments. Rick is a member of the Americas Executive Council.

Previously, Rick was a portfolio manager responsible for management of North America public securities investments and the global chief risk officer for all GRES funds and investments. Prior to joining PGIM Real Estate, Rick was an equity analyst at Rockefeller & Co., an investment management firm for the Rockefeller family and other high-net-worth clients. In this role, he was responsible for covering real estate and leisure stocks globally and served as a generalist covering domestic equity securities.

Before this, Rick was a senior investment analyst at the Prudential Realty Group, where he worked on the valuation, asset management, and portfolio management of a $1 billion equity hotel portfolio.

Rick has a bachelor's degree from Rutgers College and a master of business administration in finance from New York University's Stern School of Business. He is a CFA charterholder; a member of the New York Society of Security Analysts (NYSSA); and the National Association of Real Estate Investment Trusts (NAREIT). Rick is also a member of the International Council of Shopping Centers (ICSC).

Daniel Cooney, CFA

Vice President, GRES Portfolio Manager

Daniel Cooney is a vice president with PGIM Real Estate and a portfolio manager for the Global Real Estate Securities (GRES) business. Based in Madison, New Jersey, Daniel is responsible for the co-management of North America public securities investments, in partnership with the head of the GRES business.

Prior to his current role, Daniel was a senior analyst for the GRES business, focusing on U.S. and Canadian public securities. He also assisted in the GRES investment management and operations and was responsible for fundamental investment research, securities analysis, and assisting in portfolio management investment. Daniel joined PGIM Real Estate in 2013 from RREEF, where he worked as a securities analyst in the global securities team. Prior to RREEF, Daniel was a senior equity REIT analyst at Keefe, Bruyette & Woods in New York.

Daniel has a bachelor's degree in economics from Trinity College and is a CFA charterholder. He is a member of the CFA Institute and the New York Society of Security Analysts.

Michael Gallagher

Executive Director

Michael Gallagher is an Executive Director for PGIM Real Estate based in London. He is the Portfolio Manager for European real estate securities. Mr. Gallagher has been working in the public securities market for over 15 years and specifically within real estate for 9 years. Prior to joining Prudential, Mr. Gallagher was the Assistant Fund Manager in the Global Real Estate Securities team at Aviva Investors (London) where he was responsible for portfolio construction and stock selection of European real estate securities.

Prior to Aviva, Mr. Gallagher was a Vice President at Citigroup (London) where he covered diversified financials and the real estate sector. At Citigroup, Mr. Gallagher was responsible for modeling and research for companies under his coverage. Mr. Gallagher went to Citigroup from Deutsche Bank (London/Frankfurt) where he worked as a Pan European equity analyst covering bank stocks and German companies.

Mr. Gallagher holds a B.A. from Harvard University, magna cum laude and was the recipient of a Harvard College Scholarship. Mr. Gallagher also holds an M.A. from Cornell University where he was awarded a Mellon Foundation Scholarship.

Mr. Gallagher speaks several languages including English (native), German, French, Italian and Portuguese.

Kwok Wing Cheong

Executive Director

Kwok Wing Cheong is a portfolio manager for the Global Real Estate Securities (GRES) business. Based in Singapore, Kwok Wing is responsible for the management of the public securities investments in South Asia and Australasia.

Prior to joining PGIM Real Estate, Kwok Wing was with HSBC Global Asset Management, where he was responsible for the Singapore- and Thailand-dedicated country funds and was part of the team overseeing the HSBC Asia Ex-Japan mandate. Before that, Kwok Wing was an equity analyst at UBS Securities, Merrill Lynch, and OUB Securities. Kwok Wing has spent more than 20 years in the industry as a portfolio manager and equity analyst.

Kwok Wing holds a bachelor's degree in accounting from Curtin University (Australia), is a CFA charterholder and a certified practicing accountant.