NEWARK, N.J., April 10, 2025 - PGIM Quantitative Solutions (PGIM Quant), the quantitative and multi-asset specialist of PGIM, has made strategic additions to its Quantitative Equity, Multi-Asset and Distribution teams. PGIM is the $1.38 trillion* global investment management business of Prudential Financial, Inc. (NYSE: PRU).
The firm has appointed Jeff Young as managing director, head of investment strategy for its Multi-Asset unit, reporting to Marco Aiolfi, Ph.D., head of Multi-Asset. Additionally, Derek Towle joined the firm as principal, North American Institutional Sales, reporting to Brad Zenz, head of North American Sales.
The firm also announced junior hires across its Quantitative Equity, Multi-Asset and Distribution units, further expanding the stable of talent across the business.
Additional information on the senior additions is included below:
Since its founding in 1975, PGIM Quant has been a pioneer in systematic investing, leveraging cutting-edge research and proprietary technology to craft innovative, practical solutions that help clients achieve their goals through increasingly complex global market environments.
PGIM Quantitative Solutions is the quantitative equity and multi-asset specialist of PGIM. For 50 years, PGIM Quantitative Solutions has helped investors around the world solve their unique needs by leveraging the power of technology and data as well as advanced academic research. PGIM Quantitative Solutions manages $111 billion in client assets.*
PGIM is the global asset management business of Prudential Financial, Inc. (NYSE: PRU). In 41 offices across 19 countries, our more than 1,450 investment professionals serve both retail and institutional clients around the world.
As a leading global asset manager with $1.38 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 Dec. 31, 2024.