The Private Credit Opportunity
PGIM Private Capital highlights why private credit will be a key beneficiary and where it sees the most attractive opportunities.
A GLOBAL LEADER IN ALTERNATIVES
Featured Funds
PGIM Private Credit Fund
PGIM PRIVATE REAL ESTATE FUND
PGIM CREDIT INCOME FUND
WHY PGIM FOR ALTERNATIVES?
PGIM combines the resources and risk expertise of its Fortune 100 parent company, Prudential Financial Inc. (PFI), with the agility and specialized capabilities of its autonomous affiliates to bring clients boutique-style, deep asset class expertise across public and private markets.
We take a thoughtful approach to allocating alternative strategies, and aligning these strategies with clients’ investment objectives, risk profiles, and liquidity preferences. It is because of this thoughtful, intentional approach, and our unwavering pursuit of performance, that investors around the world trust PGIM to invest their more than $300 billion1 across our alternative strategies.
DEEP EXPERTISE TRACK RECORD
As the asset manager of a company that has adapted to change for 150+ years and successfully navigated 30+ market cycles, 4 PGIM has an established track record of raising, deploying, and managing capital, risk, and liquidity.
SCALE, RESOURCES & GLOBAL MARKET ACCESS
We provide institutional-quality infrastructure and broad client experience. Our global scale and local presence across 42 offices worldwide facilitates access to differentiated deal flow and co-investment opportunities.
BOUTIQUE-Style Specialism
Autonomous, “multi-boutique” structure enables deep asset-class specialism and expertise. We’re committed to developing and seeding innovative alternative strategies that span a broad spectrum of liquidity and structures.
OUR BROADLY DIVERSE PLATFORM
At PGIM, our alternative capabilities encompass a broad range of strategies across the liquidity spectrum of public and private markets.
At PGIM, our alternative capabilities encompass a broad range of strategies across the liquidity spectrum of public and private markets.
FEATURED INSIGHTS
A Favorable Climate for Private Credit
PGIM Private Credit’s Head of Direct Lending, Matthew Harvey, shares his perspective on private credit and its appeal to long-term investors.
2025 Global Real Estate Outlook
While heightened uncertainty is weighing on the near-term outlook, it has not derailed the recovery and growth story of the global real estate markets.
The Expanding Opportunity for Private U.S. Real Estate Credit
Private real estate credit may offer reliable income, downside protection, low correlation, high current income, and diverse investment opportunities.
The Convergence of Public and Private Credit
The merging of public and private credit markets is transforming capital allocation in unprecedented ways.
All data as of 3/31/2025 unless indicated otherwise.
1 PGIM Private Alternatives manages $332 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 $7.7B from Deerpath Capital Management, L.P. (“Deerpath Capital”), a separate SEC-registered investment adviser, in which PGIM acquired a majority stake in late 2023. PGIM Real Estate net AUM is $136B and AUA is $47B.
2 PFI is one of the top 10 for several strategies (out of 411 firms surveyed) based on Pensions & Investments Top Money Managers list published June 2024. PGIM Private Capital was ranked #2 privately placed debt managers worldwide by P&I. This represents institutional client assets under management by PGIM Private Capital on behalf of PFI as of December 31, 2023. Participation in the P&I ranking is voluntary and open to managers that have any kind of U.S. institutional tax-exempt assets managed internally. No compensation is required to participate.
3 PGIM Real Estate is the third largest real estate investment manager (out of 72 firms surveyed) in terms of global real estate assets under management based on Pensions & Investments “The Largest Real Estate Investment Managers” list published October 2024. This ranking represents global real estate assets under management by PGIM Real Estate as of 6/30/24. Participation in the ranking is voluntary and no compensation is required to participate in the ranking.
4 “30 market cycles” represents Prudential Financial, Inc.’s (PFI) asset management expertise through PGIM, its affiliates, and its predecessors.
CONSIDER A FUND'S INVESTMENT OBJECTIVES, RISKS, CHARGES AND EXPENSES CAREFULLY BEFORE INVESTING. THE PROSPECTUS AND THE SUMMARY PROSPECTUS CONTAIN THIS AND OTHER INFORMATION ABOUT THE FUND. CONTACT YOUR FINANCIAL PROFESSIONAL FOR A PROSPECTUS AND THE SUMMARY PROSPECTUS. READ THEM CAREFULLY BEFORE INVESTING.
Investing involves risk. Some investments have more risk than others. The investment return and principal value will fluctuate and investor's shares when sold may be worth more or less than the original cost. Fixed income investments are subject to interest rate risk, and their value will decline as interest rates rise. Asset allocation and diversification do not assure a profit or protect against loss in declining markets. There is no guarantee a Fund's objectives will be achieved. The risks associated with each fund are explained more fully in each fund's respective prospectus. Consult with your attorney, accountant, and/or tax professional for advice concerning your particular situation.
This material is being provided for informational or educational purposes only and does not take into account the investment objectives or financial situation of any client or prospective clients. The information is not intended as investment advice and is not a recommendation. Clients seeking information regarding their particular investment needs should contact their financial professional.
Investment products are distributed by Prudential Investment Management Services LLC (PIMS), member FINRA and SIPC. PGIM Investments is a registered investment adviser and investment manager to all PGIM U.S. open-end investment companies. PGIM Fixed Income PGIM Real Estate are units of PGIM, a registered investment adviser. PGIM Quantitative Solutions is the primary business name of PGIM Quantitative Solutions LLC, a registered investment advisor. PGIM Wadhwani is the primary business name of PGIM Wadhwani LLP, a registered investment advisor. All are Prudential Financial affiliates. © 2025 Prudential Financial, Inc. and its related entities. PGIM, PGIM Investments, PGIM Fixed Income and the PGIM logo are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.
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