December 05, 2018

Pricoa Capital Group provides Yorkshire Water with £100 million private placement financing

LONDON, December 05, 2018 - Pricoa Capital Group has provided £100 million in private placement financing to Yorkshire Water, provider of essential water and wastewater services to residents and businesses in the Yorkshire and Humber region. Pricoa Capital Group is the private capital arm of PGIM, the US$1 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).

October 24, 2018

Navigating the technology frontier beyond Silicon Valley

NEWARK, N.J., October 24, 2018 - Given the lightning-quick pace of technological change, investors must evaluate their portfolios to weed out obsolescence risk from incumbent products and business models that might soon be displaced, while developing a disciplined active investment framework to identify potential technology-driven winners, according to the latest report examining megatrends from PGIM, the $1.2 trillion asset management businesses of Prudential Financial, Inc. (NYSE: PRU).

October 23, 2018

PGIM Investments European expansion accelerates with new hires in Germany

NEWARK, N.J., October 23, 2018 - PGIM Investments is expanding its distribution footprint throughout Europe, adding a team dedicated to Germany. The firm has hired as vice president Thiemo Volkholz, who will be based in Frankfurt and focused on growing the firm’s presence with global, regional and local banks and financial intermediaries throughout the region. Together with Cvjetko Zecevic, hired as assistant vice president, the team will market PGIM’s asset management capabilities including PGIM Funds throughout the region.

October 03, 2018

PGIM Real Estate's defined contribution practice expands globally and adds senior leadership

NEWARK, N.J., October 03, 2018 - As a leader in the real estate defined contribution marketplace, PGIM Real Estate continues to strengthen its defined contribution platform by promoting David Skinner to global head, hiring Sara Shean as an executive director and expanding its capabilities outside of the U.S. PGIM Real Estate is the real estate investment business of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE:PRU).

September 27, 2018

PGIM Investments expands active ETF platform with the launch of a new high yield bond fund

NEWARK, N.J., September 27, 2018 - PGIM Investments has launched its second actively managed exchange-traded fund, the PGIM Active High Yield Bond ETF (NYSE Arca: PHYL), as it continues to expand the ETF platform created earlier this year.

September 20, 2018

PGIM Real Estate hires Vincent Chew as portfolio manager

Vincent Chew has joined PGIM Real Estate as an executive director and portfolio manager for PGIM Real Estate’s core investment strategy in Asia.

September 20, 2018
Bloomberg

David Hunt Discusses Rates after the Financial Crisis (Podcast)

Bloomberg Opinion columnist Barry Ritholtz interviews David Hunt, president and chief executive officer of Prudential Financial Inc.’s global investment management business, PGIM.

September 18, 2018

PGIM names Kathy Sayko chief inclusion and diversity officer

NEWARK, N.J., September 18, 2018 - PGIM has named Kathy Sayko as its next chief inclusion and diversity officer, effective Sept. 12. Sayko will succeed Cathy Verhoff, who is retiring at the end of the year. PGIM, among the world’s top 10 asset managers with $1.2 trillion in assets under management as of June 30, 2018, is the global investment management business of U.S.-based Prudential Financial, Inc. (NYSE: PRU).

September 11, 2018

Prudential Capital Energy Partners raises $343 million for first energy mezzanine fund

DALLAS, September 11, 2018 - Prudential Capital Energy Partners has completed fundraising for its first energy mezzanine fund, Prudential Capital Energy Partners Fund I, L.P., closing at $343 million. Prudential Capital Energy Partners (PCEP) is the middle-market energy mezzanine fund business sponsored by Prudential Capital Group, the $81.4 billion private capital arm of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

August 14, 2018

PGIM Real Estate Finance provides $8.1 billion in financing in first half of 2018

NEWARK, N.J., August 14, 2018 - PGIM Real Estate Finance originated $8.1 billion in commercial mortgage financing in the first half of 2018, propelled by strong production in industrial and multifamily 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).

July 26, 2018

PGIM Investments designated as an Edward Jones Strategic Product Partner

NEWARK, N.J., July 26, 2018 - PGIM Investments has strengthened its relationship with financial services firm Edward Jones, joining the firm’s select group of Strategic Product Partners. PGIM Investments is the global manufacturer and fund distributor of PGIM Inc., the $1 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).

July 19, 2018

Prudential Capital Group provides $5.3 billion in private debt to middle-market companies in the first half of 2018

CHICAGO, July 19, 2018 - Prudential Capital Group provided $5.3 billion of senior debt and junior capital to middle-market companies and projects globally in the first half of 2018. Prudential Capital Group is a leading source of private capital for public and private companies and is the private capital arm of PGIM, the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE:PRU).

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 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.

April 16, 2018

PGIM Fixed Income Q2 outlook: At cruising altitude with seat belts at the ready

The second quarter 2018 edition of PGIM Fixed Income’s quarterly outlook leads off with “Air Pockets at Cruising Speed—Welcome to QT” by Robert Tipp, CFA, chief investment strategist and head of Global Bonds. In examining some prevalent market concerns, including quantitative tightening, Tipp provides some perspective on how investors might consider these issues after Q1’s volatility.

March 29, 2018

Don’t fear inflation’s impending arrival, PGIM leaders say

The inflation that the Federal Reserve has been expecting will arrive soon, but it’s not likely to gallop away with the economy, says PGIM’s leadership.

March 12, 2018

PGIM Real Estate signs agreement to acquire M Campus in Meudon, Paris

PARIS, March 12, 2018 – PGIM Real Estate has signed an agreement to acquire M Campus, a 45,000-square-meter office campus in Meudon, on the outskirts of Paris.

March 05, 2018

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

NEWARK, N.J., March 5, 2018 – Brian Reid has been elected as an independent director effective March 1 for open-end mutual funds offered by PGIM Investments, the $100 billion1 global manufacturer and fund distributor of PGIM. PGIM is the $1 trillion global investment management businesses of Prudential Financial, Inc. (NYSE: PRU).

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 22, 2018

QMA’s 2018 outlook sees continued global growth

After a year that saw the S&P 500 Index return more than 20%, QMA predicts stocks will again outpace bonds in 2018 — potentially by a very wide margin. While QMA's base case, outlined in its 2018 Outlook & Review "Goldilocks Growth and the Missing Bears," calls for S&P returns in the 10% range, the firm envisions scenarios that could have 2018 nearly matching 2017's surprise breakout year for equities.

January 16, 2018

PGIM Fixed Income Q1 Outlook: When Fiscal and Monetary Policies Diverge

The two diverging factors set to unfold in 2018—a broad loosening of U.S. fiscal policy countered by gradually tightening monetary policies among some of the world’s major central banks—underscore investors’ challenge of recognizing directional cues throughout the year. PGIM Fixed Income’s Q1 2018 Outlook examines what these signals might look like across the fixed income markets, the global economy, and the various corporate sectors.

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 05, 2018

PGIM experts: Corporate spending will determine tax reform’s effect

The success of the most far-reaching U.S. tax overhaul in decades will depend on whether American companies invest their tax windfall on expanding hiring and production capacity or save it for dividends and share buybacks that, while they increase shareholder value, do little for economic growth, according to three PGIM thought leaders.

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).

November 13, 2017

PGIM Investments names new global chief marketing officer

NEWARK, N.J., Nov. 13, 2017 - PGIM Investments has named Sheri Taylor Gilchrist global chief marketing officer, charged with helping to drive the company’s strategy to expand globally. PGIM Investments is the global fund manufacturer of PGIM, the $1 trillion global investment businesses of U.S.-headquartered Prudential Financial, Inc. (NYSE: PRU).

October 02, 2017
Bloomberg TV

David Hunt Sees Decline in Publicly Listed Companies

“Democratization of returns from capital markets is starting to erode. Until the fundamental problems of public markets are addressed, fast growing companies will continue to grow privately, and retail investors will not have access to as many high-growth companies.” - David Hunt, President and Chief Executive Officer, PGIM

July 21, 2017

PGIM: Capturing alpha from growing emerging markets will require new investment approach

A radical shift in the forces shaping emerging market growth will require investors to take a different investment approach from what may have worked in the past. Increasingly, discovering investment opportunities will be rooted in the ability to capture the alpha from the new growth drivers, rather than in chasing the beta of the broad universe.

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 17, 2017

PGIM Fixed Income: The return of absolute return fixed income

Although the majority of the three-decade, bull market in bonds is likely behind us, PGIM Fixed Income believes fixed income, including Absolute Return Fixed Income, still provides plenty of opportunities for investors. In The Return of Absolute Return Fixed Income, Michael Collins, senior investment officer and portfolio manager for Multi-Sector Fixed Income strategies, discusses different types of absolute return fixed income portfolios and how a well-diversified, duration-constrained approach can take advantage of alpha-generating opportunities while avoiding systematic exposure to rising interest rates.

June 19, 2017

Capturing alpha from growing emerging markets will require new investment approach, PGIM says

NEWARK, N.J., June 19, 2017 - Emerging markets, which already command nearly 60 percent of global GDP on a purchasing power parity basis, will collectively drive global growth over the next decade, but investors would be wise to reconsider how they approach these markets. Increasingly, says PGIM, emerging markets will be the masters of their own economic fate, making a one-size-fits-all classification of emerging markets obsolete.