October 18, 2018

PGIM Investments expands ETF platform with new QMA active equity strategies

NEWARK, N.J., October 18, 2018 – PGIM Investments today launched the first of four actively managed equity exchange-traded funds (ETFs) that it plans to roll out in 2018, expanding the platform from the two actively managed fixed income ETFs launched earlier this year. Sub-advised by QMA, the quantitative equity and global multi-asset solutions manager of PGIM, the PGIM QMA Strategic Alpha Large-Cap Core ETF (NYSE Arca: PQLC) seeks long-term growth of capital by investing primarily in large-cap stocks.

October 18, 2018

PGIM Real Estate acquires Diana & Vesta office property in Amsterdam

FRANKFURT, Germany, Oct. 18, 2018 – PGIM Real Estate has acquired Diana & Vesta, a modern office property in Amsterdam, on behalf of one of its European core plus funds. PGIM Real Estate is the real estate investment business of PGIM, the $1 trillion global investment management businesses of U.S.-headquartered Prudential Financial, Inc. (NYSE: PRU).

October 16, 2018

Prudential Capital opens Mexico City office

MEXICO CITY, October 16, 2018 - Prudential Capital Group opened a new Mexico City office as it continues to build relationships with and provide long-term capital to strong companies in a wide range of industries in Latin America, the company announced today. 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)

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 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 13, 2018

PGIM Real Estate Hires Christy Hill to lead Americas Asset Management

Christy Hill has joined PGIM Real Estate as a managing director and head of Americas Asset Management to lead and implement the company’s asset management strategy for investments in the United States and Latin America.

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 16, 2018

PGIM Real Estate and FGI reach agreement with TRIUVA to sell Junghof Plaza, Frankfurt

FRANKFURT, GERMANY, August 16, 2018 – PGIM Real Estate and Frankfurter Gewerbeimmobilien GmbH (FGI) have signed an agreement with TRIUVA on the future sale of Junghof Plaza, a 33,000-square-meter mixed-use redevelopment in Frankfurt. PGIM Real Estate is the real estate investment business of PGIM, Inc., the asset management arm of Prudential Financial, Inc. (NYSE: PRU). FGI is an owner-led investor and real estate developer in the residential, retail, hotel and office sectors.