PGIM Private Capital Provided $12.5B in Private Debt to Middle-Market Companies in 2020
PGIM Private Capital provided $12.5 billion of senior debt and junior capital to nearly 200 middle-market companies and projects globally in 2020.
Allen Weaver is responsible for all of PGIM Private Capital’s businesses. PGIM Private Capital manages outside non-affiliated assets through its Institutional Asset Management unit and Alternatives unit, comprised of PGIM Energy Partners energy mezzanine fund, six PGIM Capital Partners corporate mezzanine funds, Direct Lending, and Sustainable Power businesses. Mr. Weaver is a Partner of PGIM Energy Partners and sits on the Investment Committee. He is also an Advisory Partner of PGIM Capital Partners and sits on the Investment Committees of all six funds.
PGIM Private Capital also manages private placements and mezzanine investments through its Regional Office Network, known as Prudential Private Capital (PPC) with offices in Atlanta, Chicago, Dallas, Frankfurt, London, Los Angeles, Madrid, Mexico City*, Milan, Minneapolis, Newark, New York, Paris, San Francisco, and Sydney.** PPC purchases up to $13 billion annually in predominantly senior debt and junior capital.
Mr. Weaver previously ran the Boston and Chicago Global Corporate Finance offices and invested in the Asian private equity markets while based in Hong Kong with PFI Asia. He joined PFI in 1985 after starting his career with the International Business Machines Corporation.
Mr. Weaver received a BS from Stanford University and an MBA from the University of Pennsylvania’s Wharton School. He holds the Chartered Financial Analyst® designation.
*Operates through PGIM Real Estate Mexico S.C.
**Operates through PGIM (Australia) Pty Ltd