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PGIM Fixed Income hires Oliver Nisenson as head of Asset-Based Finance
Nisenson to lead continued growth of firm’s private asset-based finance platform
NEWARK, N.J., April 1, 2025 – PGIM Fixed Income has hired Oliver Nisenson as head of asset-based finance (ABF), effective May 15, 2025. In this newly created role, he will lead the continued growth of the firm’s global private ABF platform within its $131 billion securitized products business.1 Nisenson will report to Gabriel Rivera and Edwin Wilches, co-heads of securitized products. With $837 billion in assets under management, PGIM Fixed Income is one of the largest fixed income managers globally.1
PGIM Fixed Income has been an active investor in the private asset-based finance market for more than three decades. With nearly $30 billion in cumulative originations,2 the team has executed private asset-based transactions with partners across consumer credit, mortgage, fund finance and commercial finance, including SoFi, PennyMac and Affirm.
“PGIM has been a leading investor in both the public and private asset-based finance markets for more than 30 years. As such, we believe we have a unique value proposition to offer clients as the divide between public and private fades and client demand for asset-based financing and tailored investment solutions accelerates,” said John Vibert, president and CEO of PGIM Fixed Income. “We are excited to welcome Oliver to lead and expand our private ABF team. His expertise in this space will be valuable to our team and to our clients.”
Nisenson will be responsible for oversight and leadership of the firm’s global private ABF platform. He joins PGIM Fixed Income from Blackstone Credit and Insurance, where he was a senior managing director leading investments in asset-based finance. Previously, Nisenson was a managing director at Credit Suisse where he held a range of leadership roles including head of conduit and warehouse financing globally. Prior to Credit Suisse, he was a founding partner at 20 Gates Asset Management.
“PGIM Fixed Income’s clients benefit from the depth and breadth of our investment platform,” said Rivera. “Our scale, along with our breadth of expertise, enables us to deliver durable, long-term value to our clients and more holistic lending solutions to our origination partners.”
“Having one fully integrated team across public and private markets has resulted in diversified sourcing channels and a library of data and analytics that rival industry peers. This allows us to identify attractive investment opportunities across sectors and through varying market cycles for our clients,” added Wilches.
ABOUT PGIM FIXED INCOME
PGIM Fixed Income, with $837 billion in assets under management as of Dec. 31, 2024, is a global asset manager offering active solutions across all fixed income markets. The company has offices in Newark, N.J., London, Amsterdam, Zurich, Munich, Paris, Singapore, Sydney, Hong Kong, and Tokyo. For more information, visit pgimfixedincome.com.
ABOUT PGIM
PGIM is the global asset management business of Prudential Financial, Inc. (NYSE: PRU). In 41 offices across 19 countries, our more than 1,450 investment professionals serve both retail and institutional clients around the world.
As a leading global asset manager, with US$1.38 trillion in assets under management, 1 PGIM is built on a foundation of strength, stability, and disciplined risk management. Our multi-affiliate model allows us to deliver specialized expertise across key asset classes with a focused investment approach. This gives our clients a diversified suite of investment strategies and solutions with global depth and scale across public and private asset classes, including fixed income, equities, real estate, private credit, and other alternatives. 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.
1 As of Dec. 31, 2024.
2 Over the last 10 years, as of Mar. 31, 2025.
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