Media Contacts:

PGIM, Institutional Investment Management, Mutual Funds
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 Investments, PGIM Global Partners, Retail Investing
Sheila Bridgeforth / 973-802-6852 / sheila.bridgeforth@prudential.com

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

February 12, 2018

PGIM Real Estate Finance provides nearly $15 billion in financing in 2017

NEWARK, N.J., Feb. 12, 2018 – PGIM Real Estate Finance originated $14.8 billion in financing in 2017 led by production in multifamily and industrial lending. PGIM Real Estate Finance is the commercial mortgage finance business of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

January 25, 2018

PGIM Real Estate Hires Lisa Davis to lead impact initiatives; new program taps cross-enterprise expertise

NEW YORK, Jan. 25, 2018 – Lisa Davis has joined PGIM Real Estate as an executive director and portfolio manager to lead its impact-oriented real estate investment initiatives focused on affordable housing and transformative developments in the United States.

January 24, 2018

Prudential Total Return Bond Fund portfolio managers named Morningstar Fixed-Income Fund Manager of the Year

NEWARK, N.J.--()--PGIM Investments is proud to announce that the PGIM Fixed Income portfolio managers of the Prudential Total Return Bond Fund (PDBZX) have been named Morningstar’s 2017 Fixed-Income Fund Manager of the Year. PGIM Investments is the global retail manufacturer and distributor of PGIM, Inc., the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE:PRU) – a top 10 asset manager globally.1

January 19, 2018

PGIM Investments Renames Fund Family to PGIM Funds

NEWARK, N.J., January 19, 2018 - PGIM Investments announced today that it will be renaming its domestic fund platform to PGIM Funds. Effective on June 11, 2018, retail domestic fund names will no longer include “Prudential” and will be branded “PGIM.” Renaming the funds more closely aligns them to the firm, which was renamed PGIM Investments in April 2017. PGIM Investments is the global retail manufacturer and distributor of PGIM Inc., the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE:PRU) – a top 10 asset manager globally.

January 10, 2018

PGIM Real Estate Sells Waterfront Place in Shanghai

SHANGHAI, Jan. 10, 2018 – PGIM Real Estate has sold Waterfront Place, an office property in Shanghai, China, on behalf of Asia Property Fund (ASPF) III. PGIM Real Estate is the real estate investment business of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

January 04, 2018

PGIM Real Estate announces leadership appointments

NEW YORK, Jan. 4, 2018 – Following the planned retirement of Kevin R. Smith, PGIM Real Estate has announced key Americas leadership roles for Cathy Marcus and Alfonso Munk effective January 1. PGIM Real Estate is the real estate investment business of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

December 06, 2017

PGIM Real Estate acquires Tower at One Greenway apartment community in Boston

BOSTON, Dec. 6, 2017PGIM Real Estate has acquired the Tower at One Greenway, a 21-story Class A apartment community in Downtown Boston, on behalf of institutional investors. PGIM Real Estate is the real estate investment business of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

December 05, 2017

PGIM Real Estate Finance provides $48.1 million HUD loan for Vistas at Jackson Creek in Colorado

MONUMENT, COLO., Dec. 5, 2017 – PGIM Real Estate Finance has provided a $48.1 million acquisition loan for Vistas at Jackson Creek in Monument, Colorado. PGIM Real Estate Finance is the commercial mortgage finance business of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

December 05, 2017

Jennison Associates hires global head of distribution Lori McEvoy

NEW YORK, Dec. 05, 2017 - Jennison Associates announced today that Loraine “Lori” McEvoy will join the firm as their global head of distribution, effective Dec. 15, 2017. The new role, which combines oversight of all of Jennison’s client-facing sales and servicing activity, will include responsibility for institutional, subadvisory, and retail distribution; consultant relations; and client service. McEvoy will report to Jeffrey T. Becker, Jennison’s chairman and chief executive officer.

November 30, 2017

PGIM Real Estate and Hanover Company acquire Houston apartment community

HOUSTON, Nov. 30, 2017PGIM Real Estate and Hanover Company, a Houston-based private real estate firm specializing in high-quality multifamily residential properties, have formed a joint venture to acquire a Class A apartment community in Houston. The property, previously known as Mosaic at Hermann Park, has been rebranded as Hanover Hermann Park. PGIM Real Estate, acting on behalf of institutional investors, is the real estate investment business of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).