August 31, 2014 6:56 AM ET

Capital Markets

Company Overview of Prudential Investment Management, Inc.

Company Overview

Prudential Investment Management, Inc. is a privately owned investment manager. The firm primarily provides its services to individuals. It also caters to high net worth individuals, banking or thrift institutions, pension and profit sharing plans, charitable organizations, state or municipal government entities, churches, foreign governments, corporations, public funds, Taft-Hartley plans, insurance companies, foundations, and endowments. The firm manages client focused portfolios. It launches and manages equity, fixed income, and balanced mutual funds for its clients. The firm also launches and manages hedge funds for its clients. It invests in the public equity, fixed income, and real est...

Gateway Center 3

Newark, NJ 07102

United States

Founded in 1875

Phone:

973-802-4558

Fax:

973-367-4448

Key Executives for Prudential Investment Management, Inc.

Chief Executive Officer and President
Principal
Vice President of Operations
Head of U.S. Sales and Global Consultant Relations
Managing Director and High Yield Portfolio Manager
Compensation as of Fiscal Year 2014.

Prudential Investment Management, Inc. Key Developments

Prudential Investment Management Appoints Michael Schlachter to Lead New Multi-Asset Class Solutions Offering

Prudential Investment Management has named Michael Schlachter as the head of its Multi-Asset Class Solutions group, a newly formed team that will address the most pressing portfolio-wide challenges faced by institutional investors. Schlachter joins Prudential from Wilshire Associates, where he most recently was a managing director and lead consultant to multinational corporations, state governments and federal agencies, with an emphasis on asset allocation, risk and liability management, and portfolio structuring.

Prudential Fixed Income Announces to Manage New $811.75 Million CLO

Prudential Fixed Income announced that it has been appointed as the collateral manager for the Dryden 33 Senior Loan Fund, a recently closed $811.75 million collateralized loan obligation. Prudential Fixed Income, among the large fixed income managers in the U.S., is the principal public fixed income asset management business of Prudential Financial, Inc. The Dryden 33 Senior Loan Fund, which closed May 7, is the 49th cash or synthetic CLO/CDO structure to be managed or sub-advised by either or both of Prudential Fixed Income's teams in Newark and London. Standard & Poor's ranks Prudential Fixed Income, which now manages more than $10 billion in CLO capital, among the large global CLO managers. The company, with $418 billion in assets under management as of March 31, 2014, offers institutional investors needs-based solutions across all fixed income markets, with a focus on credit strategies and liability-driven investing. The company has portfolio management and research teams in Newark, N.J.; London and Singapore.

PRUDENTIAL FIX ED INCOME Presents at The 3rd Annual Investors' Conference on CLOs and Leveraged Loans, Apr-22-2014 01:50 PM

PRUDENTIAL FIX ED INCOME Presents at The 3rd Annual Investors' Conference on CLOs and Leveraged Loans, Apr-22-2014 01:50 PM. Venue: Marriott Marquis, 1535 Broadway, New York, NY 10036, United States. Speakers: Edwin Wilches, Portfolio Manager.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 23, 2013
1800 Ninth Avenue Building
 

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