February 14, 2017

Masterpiece of Love film series explores love, loss and recovery

Prudential Financial on Valentine's Day introduced its Masterpiece of Love, a series of short films celebrating life, love, art and the regenerative power of the human spirit.

February 08, 2017

Prudential Financial, Inc. announces 2016 results

NEWARK, N.J., Feb. 8, 2017 – Prudential Financial, Inc. (NYSE: PRU) today reported year-end and fourth quarter results.  Net income attributable to Prudential Financial, Inc., was $4.368 billion ($9.71 per Common share) for the year ended December 31, 2016, compared to $5.642 billion ($12.17 per Common share) for 2015. After-tax adjusted operating income was $4.107 billion ($9.13 per Common share) for 2016, compared to $4.649 billion ($10.04 per Common share) for 2015. Information regarding adjusted operating income, a non-GAAP measure, is provided below. 
February 07, 2017

Top youth volunteers of 2017 honored nationwide

WASHINGTON, D.C., Feb. 7, 2017 – Some created programs for children with disabilities. Many worked to provide food to peers in need who go without subsidized school meals over the weekend. A few worked to raise awareness about the danger of distracted driving. Those are just some of the stories of the 102 youth volunteers – two from each state and the District of Columbia – who today were named State Honorees by The Prudential Spirit of Community Awards, a nationwide program honoring students in grades 5-12 for outstanding volunteer service.

February 06, 2017

PGIM Real Estate tops $12 billion in 2016 global transactions

MADISON, N.J., Feb. 6, 2017 – PGIM Real Estate completed more than $12 billion in transactions worldwide on behalf of investors in 2016, including about $8 billion in the U.S., the company announced today. PGIM Real Estate is the real estate investment business of PGIM, the trillion-dollar global investment management business of Prudential Financial, Inc. (NYSE: PRU). 

January 23, 2017

Historic Newark, N.J., landmark gets a makeover

Newark, N.J., has welcomed back its iconic Hahne & Co. Building, which sat abandoned for nearly three decades, thanks to a $174 million redevelopment project.

January 18, 2017

Prudential Investments adds six DCIO team members to support growth initiatives

NEWARK, N.J., Jan. 18, 2017 Prudential Investments today announced several new hires as part of a series of growth initiatives in support of its defined contribution investment-only business (DCIO). Prudential Investments, the retail distribution business of PGIM, the global investment management business of Prudential Financial, Inc. (NYSE: PRU), remains among the industry’s fastest organically growing fund families, ranking among the top five between 2008 and the third quarter of 2016. The company managed $81 billion in assets under management as of Sept. 30, 2016.
January 17, 2017

Prudential earns WorldatWork 2017 Seal of Distinction

NEWARK, N.J., Jan. 17, 2016 — Prudential Financial, Inc. (NYSE: PRU), has been honored with WorldatWork’s 2017 Seal of Distinction for demonstrating leadership in workplace strategies that promote work-life effectiveness and innovation.
January 12, 2017

Prudential Capital Partners raises $1.8 billion for its fifth mezzanine fund

CHICAGO, Jan. 12, 2017 - Prudential Capital Partners has completed fund raising for its fifth mezzanine fund, Prudential Capital Partners V, L.P., surpassing its target of $1.4 billion. Prudential Capital Partners is the middle-market mezzanine fund business sponsored by Prudential Capital Group, the $78 billion private placement arm of PGIM, Prudential Financial, Inc.’s (NYSE: PRU), global investment management business.

January 10, 2017

Nassau County $1.3 billion government plan renews with Prudential Retirement

NEWARK, N.J., Jan. 10, 2017 - Nassau County has recommitted to Prudential Retirement as recordkeeper for its 457 Deferred Compensation Retirement Plan, which has approximately 9,800 participants and $1.3 billion in assets. Prudential Retirement is a business unit of Prudential Financial, Inc. (NYSE:PRU).
January 10, 2017

Prudential Investments launches Prudential International Bond Fund

NEWARK, N.J., Jan. 10, 2017 - Prudential Investments has expanded its multi-sector fixed income fund lineup with the launch of the Prudential International Bond Fund (Class Z: PXBZX), which offers investors an opportunity for income and capital appreciation through investments in a variety of sectors in markets around the world. Prudential Investments is the retail distribution business of PGIM, the global investment management business of Prudential Financial, Inc. (NYSE:PRU) and ranks among the top five fastest organically growing fund families.