PGIM Private Capital utilizes a consistent, patient and long-term focused investment strategy which leverages our substantial scale, relationships, and experience. Our regional office network allows us to penetrate our target markets and offers unique deal flow to our investors. Our origination teams call companies directly in order to build long-term relationships with prospective issuers. The regional infrastructure we have built, with 14 offices in the U.S., Europe, Latin America1 and Australia2 and more than 180 investment professionals, facilitates our strategy. Our management team, with an average of 27 years of experience, helps provide consistency in our investment process.