Broad Range of Capabilities
Our unique multi-affiliate model
PGIM’s affiliates deliver specialized expertise across public and private asset classes, including fixed income, equities, real estate, private credit, and other alternatives.
Data as of 12/31/2024 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 $324 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: $7.2B from Deerpath Capital, in which PGIM acquired a majority stake in late 2023. PGIM Real Estate net AUM is $132.5B and AUA is $47.3B.
- AUM total is reflected as gross and includes assets under administration. Gross is $159 billion and AUA is $47 billion. Net AUM is $133 billion.
