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Jennison Associates appoints Jill Cohen as Managing Director as firm reaches 25-year milestone in innovative healthcare investing
NEW YORK, Oct. 17, 2024 – Jennison Associates, the fundamental active equity and fixed income manager of PGIM, the $1.33 trillion* global asset management business of Prudential Financial, Inc. (NYSE: PRU), has appointed Jill Cohen as managing director, Business Development and Investor Relations for the healthcare team, as the firm marks 25 years of its healthcare strategy.
Cohen will oversee sales, client service and investor relations for the healthcare team reporting to MacKenzie Hurd, head of Institutional Business Development and working closely with Debra Netschert and Dan Matviyenko, co-portfolio managers of Jennison’s healthcare strategies. The healthcare team manages a long-only health sciences strategy and a long/short global healthcare strategy totaling $2.94 billion in assets under management as of Sept. 30, 2024.
“Jill has spent her career engaging with institutional investors and has an intimate understanding of their investment goals and needs,” said Hurd. “Her decades of experience and deep understanding of both alternative investments and healthcare make her a unique fit for this position. I have no doubt her energy, enthusiasm, professionalism, and relationships will advance our efforts in the healthcare space.”
Based in Jennison’s New York headquarters, Cohen brings over 25 years of financial services sales and marketing expertise spanning equities, structured credit, financial institutions, commodities, and public finance. Her industry experience includes roles at Avenue Capital Group, Mercury Capital Advisors (Investcorp), Citigroup, and MPM Asset Management.
“It is an honor to join MacKenzie and the entire Jennison team. Our enduring commitment to healthcare investing presents a compelling opportunity for investors across all channels and I look forward to partnering closely with the investment team as they continue to deliver value for our current and future clients,” said Cohen. “The healthcare industry is an incredibly dynamic and innovative space. Healthcare sits at the intersection of technology and consumerization, creating a dynamic environment with significant opportunity to source innovation and generate alpha for our clients. I’m thrilled to help promote Jennison’s strategy to a broader group of investors.”
The healthcare team employs a bottom-up stock selection approach based on proprietary fundamental research and investment insights coupled with a thematic, top down perspective.
Cohen earned a BSBA in marketing and finance from the University of Rhode Island and holds Series 7 and 63 licenses.
ABOUT JENNISON ASSOCIATES
Founded in 1969, Jennison Associates offers a range of equity and fixed income investment strategies. Its equity expertise spans styles, geographies and market capitalizations. Its fixed income capability includes investment-grade active and structured strategies of various durations. Original fundamental research, specialized investment teams, strong client focus, and highly experienced investment professionals are among the firm’s competitive distinctions. As of Sept. 30, 2024, Jennison managed $213 billion in client assets.
Jennison is a division of PGIM, the global asset management business of Prudential Financial, Inc. (NYSE: PRU). For more information, please visit jennison.com.
ABOUT PGIM
PGIM is the global asset management business of Prudential Financial, Inc. (NYSE: PRU). In 41 offices across 18 countries, our more than 1,400 investment professionals serve both retail and institutional clients around the world.
As a leading global asset manager, with $1.33 trillion in assets under management,* PGIM is built on a foundation of strength, stability, and disciplined risk management. Our multi-affiliate model allows us to deliver specialized expertise across key asset classes with a focused investment approach. This gives our clients a diversified suite of investment strategies and solutions with global depth and scale across public and private asset classes, including fixed income, equities, real estate, private credit, and other alternatives. For more information, visit pgim.com.
Prudential Financial, Inc. (PFI) 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. For more information please visit news.prudential.com.
*As of June 30, 2024.
Jennison operates primarily through Jennison Associates LLC, a registered investment adviser under the US Investment Advisers Act of 1940 as amended. Registration as a registered investment adviser does not imply a certain level or skill or training. Jennison is headquartered in New York, NY. Jennison’s London based team operates through PGIM Limited. In the United Kingdom, information is issued by PGIM Limited with registered office: Grand Buildings, 1-3 Strand, Trafalgar Square, London, WC2N 5HR. PGIM Limited is authorised and regulated by the Financial Conduct Authority (“FCA”) of the United Kingdom (Firm Reference Number 193418). In the United Kingdom, information is issued by PGIM Limited with registered office: Grand Buildings, 1-3 Strand, Trafalgar Square, London, WC2N 5HR. PGIM Limited is authorised and regulated by the Financial Conduct Authority (“FCA”) of the United Kingdom (Firm Reference Number 193418). In the European Economic Area (“EEA”), information may be issued by PGIM Netherlands B.V., PGIM Limited or PGIM Luxembourg S.A. depending on the jurisdiction. PGIM Netherlands B.V., with registered office at Eduard van Beinumstraat 6 1077CZ, Amsterdam, The Netherlands, is authorised by the Autoriteit Financiële Markten (“AFM”) in the Netherlands (Registration number 15003620) and operates on the basis of a European passport. PGIM Luxembourg S.A., with registered office at 2, boulevard de la Foire, L-1528 Luxembourg, is authorised and regulated by the Commission de Surveillance du Secteur Financier (the “CSSF”) in Luxembourg (registration number A00001218) and operating on the basis of a European passport. In certain EEA countries, this is a financial promotion, where permitted, presented by PGIM Limited in reliance of provisions, exemptions or licences available to PGIM Limited under temporary permission arrangements following the exit of the United Kingdom from the European Union. These materials are issued by PGIM Limited, PGIM Netherlands B.V. and/or PGIM Luxembourg S.A. to persons in the UK who are professional clients as defined under the rules of the FCA and/or to persons in the EEA who are professional clients as defined in the relevant local implementation of Directive 2014/65/EU (MiFID II). In certain countries in Asia-Pacific, this information is issued by PGIM (Singapore) Pte. Ltd. with registered office: 88 Market Street, #43- 06 Capita Spring, Singapore 048948. PGIM (Singapore) Ptd. Ltd. is a Singapore investment manager registered with and licensed by the Monetary Authority of Singapore (Licence No. CMS100017) (“MAS”). In Hong Kong, this information is issued by PGIM (Hong Kong) Limited with registered office: Units 4202-4203, 42nd Floor Gloucester Tower, The Landmark, 15 Queen’s Road Central Hong Kong. PGIM (Hong Kong) Limited is a corporation regulated by the Securities & Futures Commission of Hong Kong (AAH625) (“SFC”) and all information in respect of funds is directed solely at professional investors as defined in Section 1 of Part 1 of Schedule 1 of the Securities and Futures Ordinance of Hong Kong (“SFO”)
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