Radal will be based in the Abu Dhabi office, strengthening PGIM’s commitment to the Middle East. In addition to his global responsibilities, Radal will deepen coverage of Middle Eastern investors at a time when institutions are increasingly using the secondary market to manage private markets exposures, rebalance portfolios, and access liquidity from existing holdings.

PGIM has been active in the Middle East for decades and opened its Abu Dhabi office in 2024 to further reinforce its long-standing commitment to the region. Since establishing its on-the-ground presence in the Middle East, PGIM has been steadily building out its regional footprint, including through strategic partnerships with the Abu Dhabi Investment Office (ADIO) and Kamco Invest of Kuwait — underscoring a commitment as a long-term local partner.

PGIM expanded its secondaries platform into private credit earlier this year with the intention of deploying US$1 billion in private credit secondaries over the next two years. The secondaries platform was initially established in 2021 with the acquisition of Montana Capital Partners, which at the time was already an established private equity secondaries investment manager. The 2026 expansion saw PGIM build on this specialism in private equity secondaries with the addition of a capability in private credit, an asset class the asset manager has been operating in for 75 years.

“Lucas is an experienced private markets specialist, and he joins MCP at a pivotal time in the continued evolution of PGIM’s secondaries platform, complementing our presence in Switzerland and New York. He will play an important role in deepening our relationships with key market participants, enhancing our market insight, and supporting origination and partnership opportunities,” commented MCP CEO Dr. Stephan Wessel.

Prior to joining MCP, Radal was a senior investment executive at Mubadala Capital. Before that, he spent more than a decade at Ardian as part of their secondary practice.

Radal holds a master’s degree in general management from IAE Nantes and a master’s degree in international finance from IAE Aix-Marseille, where he lectures in private equity.

ABOUT MCP

Montana Capital Partners (“MCP”) is an established global private equity secondaries investment manager with a focus on the mid-market. As an adviser or a delegated portfolio manager to both seven funds and multiple SMAs in its private equity secondaries and primary programs as well as PGIM’s credit secondaries strategy, MCP (together with its affiliates) advises/manages total assets of US$4.9 billion for its investors.¹

MCP pursues a differentiated investment approach, providing customised liquidity solutions in the secondary mid-market with a focus on proactive sourcing and a balanced portfolio construction across GP-led and LP-led transactions. MCP employs more than 45 professionals and has invested in more than 145 transactions since its inception.

Since 2021, MCP has been part of PGIM, the global investment management business of Prudential Financial, Inc. (NYSE: PRU), benefiting from its combined market positioning and global footprint. For more information visit mcp.eu.

ABOUT PGIM

PGIM is the global asset management business of Prudential Financial, Inc. (NYSE: PRU), with US$1.5 trillion in assets under management.¹ PGIM offers clients deep expertise across public and private asset classes, delivering a diverse range of investment strategies and tailored solutions — including fixed income, equities, real estate, and other retail investment vehicles. With 1,500+ investment professionals across 40 offices in 20 countries, we serve retail and institutional clients worldwide. For more information visit pgim.com.

Prudential Financial, Inc. (PFI) of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. For more information please visit news.prudential.com.

¹As of 30 June 2026.

For media use only. All investments involve risk, including the possible loss of capital.

In the United Kingdom, information is issued by PGIM Fund Management Limited with registered office: Grand Buildings, 1-3 Strand, Trafalgar Square, London, WC2N 5HR. PGIM Fund Management Limited is authorised and regulated by the Financial Conduct Authority (“FCA”) of the United Kingdom (Firm Reference Number 181389). These materials are issued by PGIM Fund Management Limited to persons who are professional clients as defined under the rules of the FCA. In the European Economic Area (“EEA”), information is issued by PGIM Luxembourg S.A. with registered office: 2, boulevard de la Foire, L1528 Luxembourg. PGIM Luxembourg S.A. is authorised and regulated by the Commission de Surveillance du Secteur Financier in Luxembourg (registration number A00001218) and operating on the basis of a European passport. In certain EEA countries, this information, where permitted, may be presented by either PGIM Fund Management Limited or PGIM Limited in reliance of provisions, exemptions, or licences available under the temporary permission arrangements following the exit of the United Kingdom from the European Union. PGIM Fund Management Limited and PGIM Limited have their registered office at: Grand Buildings, 1-3 Strand, Trafalgar Square, London WC2N 5HR. PGIM Fund Management Limited is authorised and regulated by the Financial Conduct Authority (“FCA”) of the United Kingdom (Firm Reference Number 181389). PGIM Limited is authorised and regulated by the Financial Conduct Authority (“FCA”) of the United Kingdom (Firm Reference Number: 193418). These materials are issued by PGIM Luxembourg S.A., PGIM Fund Management Limited and/or PGIM Limited to persons who are professional clients as defined in the relevant local implementation of Directive 2014/65/EU (MiFID II) and/or to persons who are professional clients as defined under the rules of the FCA.

In Switzerland, this information is being issued by Montana Capital Partners AG, at Oberneuhofstrasse 1, 6340 Baar, Switzerland (“MCP”), an asset manager supervised by the Swiss Financial Market Authority (“FINMA”). MCP is a subsidiary of PGIM Inc., an investment adviser registered with the U.S. Securities and Exchange Commission (“SEC”). PGIM is the principal asset management business of Prudential Financial, Inc. (PFI), and a trading name of PGIM, Inc. and its global subsidiaries and affiliates.

REF: 5764186