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

October 09, 2017

QMA extends global platform; names Adam Broder to lead client, business development

NEWARK, N.J., Oct. 9, 2017 - Adam Broder will join QMA as head of Global Distribution, a new role that combines oversight of all client-facing activity for the first time. In this capacity, he will lead a team to extend new global capabilities in client and business development.

September 11, 2017

George Patterson to join QMA, co-lead unified Global Equity Platform with Peter Xu

NEWARK, N.J., Sept. 11, 2017 George N. Patterson will join QMA’s investment team to co-lead a unified Global Equity Platform, aligning the firm’s U.S. Value, U.S. Core and Non-U.S. Core investment strategies under one leadership team. The new platform will allow QMA to refine and customize products in response to the needs of its global client base, consistent with its long-term, research-led investment philosophy.

September 05, 2017

Prudential Short Duration High Yield Fund, Inc., and Prudential Global Short Duration High Yield Fund, Inc., appoint new directors

NEWARK, N.J., Sept. 5, 2017 – Prudential Short Duration High Yield Fund, Inc. (NYSE: ISD) and Prudential Global Short Duration High Yield Fund, Inc. (NYSE: GHY) announce the appointment of Barry H. Evans and Laurie Simon Hodrick to their board of directors. 

September 05, 2017

The Board of Directors of Prudential Funds adds two new independent directors to its open-end mutual fund board

NEWARK, N.J., Sept.5, 2017 – Barry H. Evans and Laurie Simon Hodrick have been named independent directors for open-end mutual funds offered by PGIM Investments, the $90 billion retail investments business of PGIM. PGIM is the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

August 14, 2017

Prudential Capital Group provides $7.1 billion to middle-market companies in the first half of 2017

CHICAGO, Aug. 14, 2017 - Prudential Capital Group, a leading source of private capital for public and private companies, has provided more than $7.1 billion to companies and projects worldwide in the first two quarters of 2017. This milestone represents an increase of $1.8 billion compared to the first half of 2016, and an almost doubling in investments outside of North America. Prudential Capital Group is the private placement arm of PGIM, the $1.1 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).

August 01, 2017

PGIM Real Estate acquires The Quaye at Palm Beach Gardens

PALM BEACH GARDENS, Fla., Aug. 1, 2017PGIM Real Estate has acquired The Quaye at Palm Beach Gardens, a 340-unit, Class A apartment community in Palm Beach Gardens, Florida, on behalf of institutional investors. PGIM Real Estate is the real estate investment business of PGIM, the global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

July 26, 2017

PGIM Real estate acquires Midtown Atlanta office tower

ATLANTA, July 26, 2017PGIM Real Estate has acquired Regions Plaza, a 23-story, Class A office tower in Atlanta, Georgia, on behalf of institutional investors. PGIM Real Estate is the real estate investment business of PGIM, the global investment management businesses of Prudential Financial, Inc. (NYSE: PRU)

July 20, 2017

Prudential places customers at its structural core; announces new leadership architecture for U.S. businesses

NEWARK, N.J., July 20, 2017 - Prudential Financial, Inc. (NYSE:PRU) today announced a new organizational structure for its U.S. businesses that extends its customer reach and facilitates pathways to new markets. The structure better reflects the company’s strategic focus on leveraging its mix of businesses and its digital and customer engagement capabilities to expand its value proposition for the benefit of customers and stakeholders.

July 19, 2017

Industrial projects key focus as PGIM Real Estate Finance generates $1.2 billion in transactions for first half of 2017

NEWARK, N.J., July 19, 2017 - PGIM Real Estate Finance, long attracted to the industrial sector, has closed more than $1.2 billion in commercial mortgage loans within the sector through the first half of 2017 as e-commerce continues to drive industrial development. The loans include transactions in the U.S., the U.K. and Australia, representing about a third of the company’s originations through June 30.

July 17, 2017

Nathan Sheets joins PGIM Fixed Income as chief economist

NEWARK, N.J., July 17, 2017 - Nathan Sheets has joined PGIM Fixed Income as chief economist and head of Global Macroeconomic Research. With $654 billion in assets under management as of March 31, 2017, PGIM Fixed Income is among the largest global fixed income managers. PGIM Fixed Income is a business of PGIM, the global investment management businesses of Prudential Financial, Inc. (NYSE:PRU).