May 14, 2020

PGIM Real Estate arranges $66M acquisition financing for Inland Empire industrial asset

RIVERSIDE, Calif., May 14, 2020 – PGIM Real Estate has arranged $66 million in acquisition financing for 6275 Lance Drive, a 1-million-square-foot industrial facility located in Riverside, California, within the Inland Empire submarket. The fixed-rate loan was arranged on behalf of the borrower, for which TA Realty provides investment advisory services, and has an eight-year term. PGIM Real Estate is the real estate investment and financing business of PGIM, the $1.3 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).

May 12, 2020

After coronavirus lockdown, businesses must navigate four major structural changes: PGIM

When global lockdowns end, as families and communities recover, new opportunities and challenges will emerge for companies—and investors—around the world as they navigate the economic, social and political shifts brought on by the pandemic, according to research from PGIM.

April 29, 2020

PGIM Real Estate hires Sara Shank as global head of innovation

PGIM Real Estate has hired Sara Shank as managing director and global head of innovation, based in its Manhattan office.

April 14, 2020

PGIM and GIC help CIOs build balanced portfolios when investing in illiquid private assets

PGIM has collaborated with GIC, Singapore’s sovereign wealth fund, to create a framework that links top-down asset allocation with bottom-up private asset investing to support investors who are increasingly faced with the difficult choice between potentially higher portfolio returns and greater liquidity.

April 06, 2020

PGIM supports career development with CFA Institute Global Research Challenge sponsorship

With an eye toward building the next generation of analysts, accountants and portfolio managers, PGIM has entered into a multiyear sponsorship with the CFA Institute Research Challenge to provide mentorship, funding and online learning resources.

March 02, 2020

PGIM’s real estate businesses complete over $35B in transactions worldwide in 2019

The real estate businesses of PGIM completed over $35 billion in transactions worldwide in 2019. The volume represents a total of 954 transactions and includes $14.8 billion in real estate equity investments and dispositions on behalf of third-party investors, in addition to a record $20.5 billion in real estate financing.

February 20, 2020

PGIM appoints senior macroeconomic researcher to client advisory group

NEWARK, N.J., Feb. 20, 2020 – Dr. Noah Weisberger has joined PGIM as a managing director in the Institutional Advisory & Solutions (IAS) group. PGIM Inc. is the $1.3 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).

February 11, 2020

Chinese, US and German businesses embark on divergent pathways in new decade: PGIM survey

NEWARK, N.J., Feb. 11, 2020 – A new PGIM survey of over 300 public and private companies in the U.S., Germany and China highlights the sharply different priorities each is employing in response to new “weightless” business models and the “profit with purpose” era.

February 06, 2020

PGIM Private Capital provides $13B in private debt to middle-market companies in 2019

CHICAGO, February 06, 2020 - PGIM Private Capital provided $13 billion of senior debt and junior capital to 228 middle-market companies and projects globally in 2019. PGIM Private Capital, a leading source of private capital for public and private companies, is the private capital arm of PGIM Inc., the $1.3 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).

January 06, 2020

PGIM appoints senior relationship executive in China

NEWARK, N.J., January 06, 2020 - Sun Hao has joined PGIM as head of its Institutional Relationship Group for China.