Media Contacts:

PGIM
Ted Smith / 973-367-5604 / ted.smith@pgim.com

QMA, Jennison Associates, PGIM Investments
Judith Flynn / 973-802-9939 / judith.flynn@prudential.com

PGIM Real Estate, PGIM Real Estate Finance
Brendan Duffy / 973-802-5711 / brendan.duffy@prudential.com

PGIM Fixed Income, Prudential Capital Group
Claire Currie / 973-802-4040 / claire.currie@prudential.com

PGIM Global Partners
Kristin Meza / 973-367-4104 / Kristin.Meza@prudential.com

July 11, 2018

PGIM Investments to host closed-end fund conference call

NEWARK, N.J., July 11, 2018 - PGIM Investments announced it will host a conference call to provide market commentary and product updates for PGIM Short Duration High Yield Fund, Inc. (NYSE:ISD) and PGIM Global Short Duration High Yield Fund, Inc. (NYSE:GHY).

July 10, 2018

Working in retirement may be the new norm according to PGIM Investments study

NEWARK, N.J., July 10, 2018 - Few current retirees take a new job in their golden years—but more than half of future retirees expect to continue working during retirement, driven by uncertainty about Social Security and their own financial preparedness, a new study from PGIM Investments reveals.

June 25, 2018

Jennison Associates strengthens consultant relations team

NEW YORK, June 25, 2018 - Jennison Associates announced today that Christine Schneider and Greg Weissman have joined the Global Distribution team as consultant relations professionals. The senior roles will be primarily responsible for the management of consultant relationships and secondarily, as relationship management for select clients in the promotion of Jennison’s capabilities across the U.S. and global markets.

June 20, 2018

QMA accelerates brand growth; hires Lee Shapcott as global chief marketing officer

NEWARK, N.J., June 20, 2018 - Lee Shapcott will join QMA as global chief marketing officer, dedicated to building upon the strength and reputation of the QMA brand as the company continues to focus on its global growth. QMA, with approximately $128 billion in assets under management as of March 31, 2018, is the quantitative equity and global multi-asset solutions business of PGIM Inc., the $1 trillion-plus global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

June 12, 2018

PGIM Real Estate enters San Francisco Bay Area multifamily joint venture with CityView managed client

SAN FRANCISCO, June 12, 2018 – PGIM Real Estate has formed a joint venture with a public pension fund client of CityView to acquire a 50 percent interest in a portfolio of five Class A multifamily properties in the San Francisco Bay Area. The portfolio is valued at approximately $500 million. PGIM Real Estate, acting on behalf of an institutional real estate investor, is the real estate investment business of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

June 11, 2018

Stephen O’Keeffe joins PGIM Real Estate to lead Australian real estate debt investments

NEWARK, N.J., June 11, 2018 – Stephen O’Keeffe has joined PGIM Real Estate as an executive director, responsible for sourcing real estate debt investments and managing relationships with prospective borrowers and partners in Australia.

May 30, 2018

PGIM Real Estate, Varma complete acquisition of M Campus in Paris

PARIS, May 30, 2018 – PGIM Real Estate, in partnership with its client, the Finnish pension insurance company Varma, has acquired M Campus, a 45,000-square-meter office campus in Meudon, on the outskirts of Paris. PGIM Real Estate is the real estate investment business of PGIM, Inc., the $1 trillion global investment management businesses of U.S.-headquartered Prudential Financial, Inc. (NYSE: PRU).

May 17, 2018

PGIM deepens presence in Latin America through partnership with one of Chile’s largest asset managers, Banchile Administradora General de Fondos S.A.

NEWARK, N.J., May 17, 2018 - PGIM has entered into a partnership with Banchile Administradora General de Fondos S.A. (“Banchile AGF”), one of the largest asset managers in Chile. The partnership will provide local investors in Chile access to a number of PGIM Investments’ UCITS funds as well as direct real estate strategies through PGIM Real Estate. This agreement significantly expands PGIM’s presence in the region as it continues its global growth.

May 09, 2018

Tussle between globalization, nationalism creates new risks for investors, PGIM says

NEWARK, N.J., May 09, 2018 - The escalating tussle between globalization and nationalism could have profound implications for global financial markets, traditional investment frameworks and developed market geopolitical risk analysis, says a new report from PGIM, Inc., the investment management business of Prudential Financial, Inc. (NYSE: PRU).

May 01, 2018

Kunal Patel joins PGIM Fixed Income’s London office

LONDON, May 1, 2018 - PGIM Fixed Income today announced that Kunal Patel, CFA, has joined the firm’s London office, as a vice president covering U.K. pension funds, insurance companies and consultants. Patel will report to Sarah McMullen, Principal, head of U.K. Client Advisory.