In June 2025, PGIM confirmed it would bring together its Fixed Income and Private Credit businesses under a global capability spanning public and private markets, creating an industry-leading public and private fixed income team with a credit platform of nearly $1 trillion. ABOUT PGIM PGIM is the global asset management business of Prudential Financial, Inc. ( NYSE: PRU ). In 41 offices across 19 countries, our more than 1,450 investment professionals serve both retail and institutional clients around the world. As a leading global asset manager with $1.39 trillion in assets under management, 3 PGIM is built on a foundation of strength, stability, and disciplined risk management. Our multi-affiliate model allows us to deliver specialized expertise across key asset classes with a focused investment approach.