Broad Range of Capabilities
Our unique multi-manager model
PGIM is comprised of autonomous asset management businesses each specializing in a particular asset class with a focused investment approach.
Data as of 12/31/2023 unless otherwise noted. Assets under management (AUM) and assets under administration (AUA) are based on company estimates and are subject to change.
- Public and Private Alternatives AUM/AUA includes hedge fund, mezzanine and other private credit, private equity secondaries, real estate and infrastructure strategies across all PGIM businesses. PGIM Private Alternatives manages $320.5 billion gross in private alternatives strategies across private credit, real estate, agriculture, sustainable investing, infrastructure and private equity. These strategies are managed by PGIM Real Estate (est. 1970), PGIM Private Capital (est. 1925) and Montana Capital Partners (est. 2011); underlying investment strategies and portfolio and originations teams remain distinct, with each affiliate maintaining its own governance. Note: AUM/AUA includes $6.0B from Deerpath Capital, in which PGIM acquired a majority stake in late 2023. PGIM Real Estate net AUM is $134B and AUA is $49B.
- AUM total is reflected as gross and includes assets under administration. Net AUM is $134 billion, Gross is $161B and AUA is $49 billion.