OUR HISTORY

PGIM has a rich history serving the ever-changing investment management needs of our clients around the world. Our multi-manager model was built first to serve Prudential’s insurance business and then to bring PGIM businesses’ superior performance to third-party clients. 

A Name for the Next 140 Years

What does PGIM truly stand for? With a powerful multi-manager model, PGIM is built on the strength and stability of a 140-year legacy. Developing deep expertise in managing liabilities, we bring a long-term perspective, having weathered multiple market cycles, and see opportunity in periods of disruption.

Pramerica Investment Management*

The investment management businesses of PFI have changed significantly over time from providing a service to the general account to serving a broad array of third-party investors globally. PGIM developed as an investment organization with a distinct investment culture for each asset class. We are proud to continue to deliver expertise across our industry-leading businesses, collectively known today as PGIM.

Staying True to Our Roots

We are a purpose-driven company founded in Newark, New Jersey, where our headquarters remain to this day. Staying true to our roots and to the community drives our success. Our strength and stability have led us through the decades —and continue to position us for the next 140 years and beyond.

Our Future

Today, our core values and focus on ethics are more important than ever. Clients need more than short-term success; they need a long-term partner. As we look to the future, our continued commitment to investment performance, product innovation, and integrity, will enable us to continue to deliver superior long-term results for our clients.

*Pramerica is a trade name used by PFI in select countries outside the U.S.