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PGIM Investments hires Merill Lynch veteran as global head of alternative investments


Prior to joining PGIM, Carlino spent ten years at Merill Lynch as managing director and head of alternative investments distribution. 

He also held various business development and distribution roles at AlphaOne Capital Partners, Morgan Stanley, and Susquehanna International Group. 

PGIM Investments’ alternatives business spans across real estate, agriculture, private credit and private equity. The firm recently created PGIM Private Alternatives, a new unit that seeks to bring together its private alternatives capabilities. 

Carlino added: “Given the current market environment, advisors are increasingly seeking strategies that offer uncorrelated alpha, true diversification and return enhancement within their clients’ portfolios.

“I am thrilled to join PGIM to help meet this growing demand for access to institutional alternative investments and to support our wealth management partners in growing their business.” 



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