PGIM Private Capital Provides $14.9B of Senior Debt and Junior Capital Globally in 2024
The pace of originations was strong throughout 2024, surpassing the previous year.
The Convergence of Public and Private Credit
Leveraging insights from investment professionals across our businesses, PGIM examines the forces driving convergence between public and private credit.
The Ongoing Evolution of Direct Lending
As demand for non-bank capital increases and yields remain attractive on a historical basis, direct lending continues to grow as an asset class.
PGIM Private Capital at a Glance
1925
Established204
Investment Professionals$109.7 Bn
Assets Under Management
Insights
Tony Coletta and Junying Shen
IAS’s Junying Shen discusses recent trends, risks and opportunities in private credit with PGIM Private Capital’s Tony Coletta.
The Ongoing Evolution of Direct Lending
As demand for non-bank capital increases and yields remain attractive on a historical basis, direct lending continues to grow as an asset class.
Opportunities Emerging From the M&A Slowdown
Direct lending and mezzanine present a strong investment case across economic cycles, and more opportunities will arise as M&A activity thaws.
*Sources of data (unless otherwise noted) are as of 3/31/2025.
