December 15, 2022

Barclays Bank UK Retirement Fund closes $8.1 billion UK longevity transaction with Prudential

The agreement with Barclays reinforces Prudential’s leadership in the global pension and longevity risk transfer market.

 

October 12, 2022

Mercado Pago to sell Prudential’s accident and life insurance in Argentina

Expands Prudential’s partnership with Mercado’s digital marketplace in Latin America.

September 22, 2022

Motofusa Hamada to succeed retiring Mitsuo Kurashige as CEO of Japanese insurance operations

As CEO of the Japan insurance operations, Hamada will oversee the company’s three life insurance businesses in Japan — Prudential Life Insurance, Gibraltar Life Insurance, and Prudential Gibraltar Financial Life Insurance.

March 18, 2022

Prudential Financial and LeapFrog Investments announce intention to acquire a strategic minority interest in Alexander Forbes Group Holdings Limited

Prudential Financial and LeapFrog Investments are backing one of Africa’s leading independent providers of financial advice, retirement, investment, and wealth management services.

April 28, 2021

Prudential, Zurich close significant £6 billion longevity reinsurance transaction

Prudential Retirement’s International Reinsurance business has closed its first reinsurance transaction involving an unnamed U.K. pension scheme using an independent U.K.-regulated insurer, Zurich Assurance Ltd., as intermediary.

November 18, 2019

PGIM global institutional relationship group adds senior hires

NEWARK, Nov. 18, 2019 – PGIM, the $1.3 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU), has made three hires into its Institutional Relationship Group (IRG), all reporting to Cameron Lochhead, global head of IRG.

September 23, 2019

PGIM enhances European operations

NEWARK, N.J., Sept. 23, 2019 – PGIM, the global investment management business of U.S.-based Prudential Financial, Inc. (PFI) (NYSE: PRU) and one of the world’s top 10 asset managers with $1.2 trillion in assets under management as of June 30, 2019, continues to enhance its European footprint following the recent approval, by the Dutch Authority for the Financial Markets, for it to operate an Alternative Investment Fund Manager (AIFM) from its newly established office in the Netherlands. The office, based in Amsterdam, acts as the AIFM for its existing Irish alternative investment fund and provides investment management, marketing and distribution services in the European Union.

July 31, 2019

Gibraltar India Solutions, local arm of global insurance giant, opens technology center

BENGALURU, India, July 31, 2019 — Gibraltar India Solutions, a Prudential Financial, Inc. (US) company (PFI), has announced the opening of its India Development Center on July 30 in Bengaluru, India.

December 04, 2018

PGIM Real Estate agrees to purchase office in Clichy

PARIS, Dec. 4, 2018 – PGIM Real Estate signed a forward purchase agreement for the development of SWELL, two office buildings in Bac d’Asnières, Clichy. The transaction was executed off-market on behalf of investors of a discretionary pan-European value-add fund.

November 12, 2018

PGIM Real Estate acquires grade-A logistics platform in Salon-de-Provence

PARIS, 12 Nov. 2018 PGIM Real Estate has acquired a 100,000-square-meter grade-A logistics platform located in Salon-de-Provence, 60 kilometers north of Marseille, on behalf of an institutional investor.