# PGIM

PGIM is an Asset Manager based in Newark, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Newark, United States
- **Region:** North America
- **Address:** Newark, NJ, United States
- **Founded:** 1875
- **Assets under management:** $1.376 trillion (per PGIM quarterly reported, Q1 2024)
- **Website:** pgim.com

## Regulatory record

- **CRD number:** 105676
- **SEC file number:** 801-22808
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/105676

## About

PGIM, INC. is an SEC-registered investment adviser in NEWARK, NJ, registered since 1984. The firm manages $1.1 trillion in regulatory assets under management. It has 1990 employees and 1350 investment advisers.

## Sectors

- Fixed Income
- Equities
- Real Estate
- Private Credit
- Infrastructure
- Hedge Funds
- Private Equity

## People

- David Hunt — Chief Executive Officer
- Taimur Hyat — Chief Operating Officer
- Andrew D. Dyson — CEO of PGIM Fixed Income

## Questions

### Who runs investment decisions at PGIM?

David Hunt serves as CEO of PGIM, setting overall strategy. Each of PGIM's boutiques has its own CIO: Andrew Dyson runs PGIM Fixed Income, while PGIM Real Estate is led by Eric Adler. Decision-making is decentralized to the boutiques, with a central investment committee overseeing risk and asset allocation across the firm.

### How does PGIM source proprietary deal flow?

PGIM leverages its parent Prudential's insurance operations for deal flow in private credit and real estate, receiving a steady pipeline of origination from Prudential's own insurance capital needs. For direct investments, the firm's global network of 22 offices sources opportunities locally across public and private markets.

### Does PGIM participate in fund commitments or only direct deals?

PGIM does both. The firm manages traditional commingled funds (e.g., PGIM Fixed Income's bond funds) and makes direct investments in private credit, real estate, and infrastructure. PGIM also runs separately managed accounts for large institutional clients, allowing customized exposure to specific asset classes.

### Which sectors does PGIM explicitly avoid?

PGIM does not publicly maintain a list of excluded sectors. However, as part of Prudential Financial, PGIM aligns with the parent company's ESG and sustainability policies, which have historically led to reduced exposure to coal and tobacco in its public funds. The firm also has no dedicated venture capital or growth equity unit.

### What is PGIM's relationship to Prudential Financial?

PGIM is the investment management arm of Prudential Financial, a Fortune 500 insurance and financial services company founded in 1875. Prudential owns PGIM outright and provides the asset manager with balance-sheet capital, distribution through its insurance network, and a long-duration liability profile that influences PGIM's investment horizon.

## Related profiles

- [Financial Synergies](https://altss.com/profile/financial-synergies)

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Last updated: 2026-06-03T20:00:00.000Z

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