PGIM Luxembourg S.A.

PGIM Luxembourg S.A. acts as a regulated management company (ManCo) authorized by the Luxembourg CSSF. It serves as the European distribution vehicle for PGIM's investment strategies, offering UCITS and AIF structures to institutional investors. The entity handles regulatory oversight, risk management, and governance but does not make independent investment decisions — those are delegated to PGIM's specialist boutiques.

PGIM Luxembourg S.A. is a wholly owned subsidiary of PGIM, the global asset management arm of Prudential Financial, which was founded in 1875. PGIM manages over $1.2 trillion in assets (per PGIM, 2023) across fixed income, equities, real estate, and private credit. The Luxembourg entity is one of several regulated hubs in PGIM's global network, alongside operations in the US, UK, Japan, and Singapore.

The firm offers UCITS (Undertakings for Collective Investment in Transferable Securities) and alternative investment funds (AIFs) regulated under Luxembourg law. These vehicles distribute strategies from PGIM's affiliate managers, including PGIM Fixed Income, PGIM Real Estate, PGIM Private Capital, Jennison Associates, and QMA. This allows European institutional investors to access PGIM's global capabilities in a locally regulated format.

No. PGIM Luxembourg S.A. functions primarily as a governance and regulatory platform. Investment management is delegated to PGIM's specialist investment affiliates, which make portfolio decisions within the mandates of each fund. The Luxembourg entity performs oversight, compliance monitoring, and risk management, but does not employ portfolio managers or research analysts for investment execution.

PGIM Luxembourg S.A. was established to maintain PGIM's ability to distribute regulated funds to European institutional investors after Brexit, when UK-based entities lost passporting rights into the EU. By domiciling a ManCo in Luxembourg — a core EU fund jurisdiction — PGIM ensures ongoing access to the European capital market via a fully regulated, onshore structure. The entity enables UCITS and AIF distribution across the European Economic Area.

Through PGIM Luxembourg S.A., European investors can access a broad range of strategies: global fixed income (investment grade, high yield, emerging markets), real estate (debt and equity), private credit, quantitative equities, and multi-asset solutions. These are delivered as regulated fund vehicles, typically UCITS for liquid strategies and AIFs for alternatives like private credit or real estate. The exact fund lineup is updated by PGIM based on market demand.

Yes. PGIM Luxembourg S.A. is authorized and regulated by the Commission de Surveillance du Secteur Financier (CSSF), Luxembourg's financial regulator, under the UCITS and AIFMD frameworks. It is subject to regular audits, capital adequacy requirements, and compliance reporting. The entity operates under Luxembourg law and adheres to European securities regulations, providing institutional investors with a fully regulated fund structure.