A LEADING GLOBAL ASSET MANAGER ACROSS PUBLIC AND PRIVATE MARKETS
- 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 $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 $7.2B from Deerpath Capital, in which PGIM acquired a majority stake in late 2023. PGIM Real Estate net AUM is $136B and AUA is $47.3B.
- PGIM is the investment management business of Prudential Financial, Inc. (PFI). PFI is the 10th largest defined contribution plan manager (out of 411 firms surveyed) based on total defined contribution U.S. institutional AUM as of December 31, 2023, according to Pensions & Investments’ Top DC Money Managers’ list published June 2024. Participation in the P&I ranking is voluntary and open to managers that have any kind of U.S. institutional tax-exempt AUM, managed internally.