Partnering with PGIM

Partnering with PGIM

Disclaimers
PGIM sourced data as of June 30, 2024 (unless otherwise noted). Assets under management totals may not sum due to rounding and double counting. 

1. Based on PGIM client list as of June 30, 2024, compared to P&I/Thinking Ahead Institute’s Top 300 Global Pension Funds ranking, data as of December 31, 2022, published September 2023. US funds data was sourced from the P&I 1000, while figures for other regions were sourced from annual reports, websites, and direct communications with pension fund organizations.

PGIM Fixed Income
2. As of June 30, 2024 unless otherwise stated. The AUM total above includes AUM assets for both PGIM Quantitative Solutions LLC and PGIM Wadhwani LLP. PGIM Wadhwani LLP operates as a part of the PGIM Quantitative Solutions business  but  is  a  separate  legal  entity. PGIM  Quantitative  Solutions’  and  PGIM  Wadhwani’s  respective  investment platforms, however, operate independently of each other. PGIM Wadhwani’s AUM is only attributed to the Multi Asset portion of the chart. Specifically, the Multi-Asset AUM amount of $44.4 billion includes both PGIM Quant’s Multi Asset and PGIM Wadhwani’s Multi-Asset strategies assets. PGIM Quantitative Solutions’ Quantitative Equity AUM includes both active equity and indexing strategies. PGIM Quantitative Solutions’ Multi-Asset AUM (net) excludes $19.6 billion that PGIM Quantitative Solutions’ Multi-Asset team directs to equity strategies advised by PGIM Quantitative Solutions; in this pie  chart,  these  assets  are  only  included  in  the  Quantitative  Equity AUM  in  order  to  avoid  double  counting.  PGIM Quantitative Solutions also provides model portfolios for certain accounts, the assets of which (Assets Under Administra- tion) are not included in our quarterly Assets Under Management. As of 12/31/2023, PGIM Quantitative Solutions had $2.5 billion of AUA. AUM totals may not sum due to rounding.

Jennison Associates
3. As of June 30, 2024 unless otherwise stated. Asset class breakdown based on company estimates and subject to change. Includes $15 billion in assets managed by PGIM Fixed Income for affiliated businesses, $71 billion in PGIM Japan assets, and $136 million of which is sub-advised by PGIM Private Capital.

PGIM Quantitative Solutions
4. As of June 30, 2024 unless otherwise stated, includes assets allocated to PGIM Fixed Income, PGIM Private Capital, and PGIM Real Estate as part of a multi-asset-solution designed and managed by PGIM Portfolio Advisory. Any risk management framework or process discussed does not imply low-risk. All investment involve risk, including the loss of capital. Past performance is not a guarantee or reliable indicator of future results. Past performance is not a guarantee or reliable indicator of future results.

PGIM Investments
5. PGIM Investments AUM as of June 30, 2024, includes U.S. mutual funds: $135.7 (excluding money markets and funds of funds), closed-end funds: $1.4B, ETFs: $7.0B, UCITS funds: $7.8B, PGIM Custom Harvest: $4.1B, and Asia Local: $20.2B. Asia Local AUM includes Everbright PGIM (a joint venture in China in which PGIM has a 45% ownership stake), PGIM SITE, and PGIM India. 
6. Source: Source: Strategic Insights / Simfund as of 3/31/2024, excludes ETFs and money market funds. Organic U.S. mutual fund AUM growth among top 50 competitors between 2008 and March 2024.

PGIM Private Alternatives
PGIM internal data as of June 30, 2024 (unless otherwise noted). Totals may not sum due to double counting. 
7. PrivateAlternatives AUM/AUA includes PGIM Real Estate AUM/AUA, MCP AUM and PGIM Private Capital AUM. PGIM Real Estate net AUM is $132B and AUA is $47B. Note: Percentages may not sum to 100% due to rounding.  Net AUM is $134B.
8. PGIM Real Estate is the third largest real estate investment manager (out of 76 firms surveyed) in terms of global real estate assets under management based on ‘Pensions & Investments’ “The Largest Real Estate Investment Managers” list published October 2023. This ranking represents global real estate assets under management by PGIM Real Estate as of 6/30/23. Participation in the ranking is voluntary and no compensation is required to participate in the ranking. 
9. PGIM Real Estate Annual Report 2021-2022. 
10. PGIM is the investment management business of Prudential Financial, Inc. (PFI). PFI is one of the top 10 for several strategies (out of 434 firms surveyed) based on Pensions & Investments Top Money Managers list published June 2023. This ranking represents institutional client assets under management by PFI as of December 31, 2022. 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. Real Estate Debt is net of leverage. 
11. MCP AUM includes NAV plus unfunded commitments.

Professional Investor Use Only. All investments involve risks, including possible loss of principal. This information is provided by PGIM, the investment management business of Prudential Financial, Inc. (PFI), and a trading name of PGIM, Inc. and its global subsidiaries. PGIM, Inc. is an investment adviser registered with the U.S. Securities and Exchange Commission (SEC). Registration with the SEC does not imply a certain level of skill or training. This information is for informational or educational purposes only and it is not intended as investment advice and is not a recommendation about managing or investing assets. In providing these materials, PGIM is not acting as your fiduciary. Prudential Financial, Inc. 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.

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