Clients
Pgim Private Placement Investors serves 33 clients, 31 of them insurance companies. The average client has about $741 million with the firm.
- Insurance companies31 clients94%
- Sovereign wealth funds and foreign official institutions1 clients5%
- Pooled investment vehicles1 clients2%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 1 | $396,067,123 | 1.6% | $396.1M |
| Insurance companies | 31 | $22,899,774,777 | 93.7% | $738.7M |
| Sovereign wealth funds and foreign official institutions | 1 | $1,148,560,298 | 4.7% | $1.15B |
| Total | 33 | $24,444,402,198 | 100% | $740.7M |
- Clients
- 1
- Regulatory AUM
- $396,067,123
- Share
- 1.6%
- Avg. per client
- $396.1M
- Clients
- 31
- Regulatory AUM
- $22,899,774,777
- Share
- 93.7%
- Avg. per client
- $738.7M
- Clients
- 1
- Regulatory AUM
- $1,148,560,298
- Share
- 4.7%
- Avg. per client
- $1.15B
Total
- Clients
- 33
- Regulatory AUM
- $24,444,402,198
- Share
- 100%
- Avg. per client
- $740.7M
What it does
Pgim Private Placement Investors provides portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets and performance-based fees.
Pgim Private Placement Investors advises no private funds.
100.0% of assets ($24.44B across 40 accounts) are managed with discretion. 31% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Bonds88%
- Investment grade corporate bonds82%
- High-yield corporate bonds5%
- U.S. government and agency bonds1%
- Cash3%
- Other9%
- Primarily reflects unfunded commitments9%
Custodians
Pgim Private Placement Investors’ client accounts are held mainly at J.P. Morgan, with 69% of managed assets, and BNY Mellon, with 14%. Pgim Private Placement Investors has custody of $396.1M for 33 clients.
- BNY MellonBNY Mellon · Jersey City, NJ · $3.53B14%
- J.P. MorganJpmorgan Chase · Brooklyn, NY · $16.92B69%
- All other custodians$3.99B16%
Ownership and leadership
Pgim, Inc. owns 75% or more of Pgim Private Placement Investors.
- Owns 75% or more of Pgim Private Placement Investors, L.P.
Pgim, Inc.
Control person · since November 2001
- Owns 75% or more of Pgim, Inc.
Pgim Holding Company, LLC
Control person · since June 2000
- Owns 75% or more of Pgim Holding Company, LLC
Prudential Financial, Inc.
Control person · since December 2001
Leadership
- Michael CampionDirector & President
- Matthew FitzgeraldChief Compliance Officer
- Mathew DouglassDirector & Chairman
- Armando GamboaChief Legal Officer
- Joseph HsuController
Staff
- 290 employees
- 290 in advisory functions
- 16 broker-dealer reps
- 1 insurance agent
Fees
Pgim Private Placement Investors is paid through a percentage of assets under management and performance-based fees.
Pgim Private Placement Investors’ fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Pgim Private Placement Investors has 15 offices, with 8 listed addresses across 7 states.
California · 2 listed addresses
- 2029 Century Park East, Los Angeles
- 101 California Street, San Francisco
Georgia · 1 listed address
- 1075 Peachtree Street, Atlanta
Illinois · 1 listed address
- 150 N. Riverside Plaza, Chicago
Minnesota · 1 listed address
- 60 South 6th ST., Minneapolis
New Jersey · 1 listed address
- 655 Broad Street, 17th Floor, NewarkHQ
New York · 1 listed address
- 375 9th Avenue, New York
Texas · 1 listed address
- 2200 Ross Avenue, Dallas
Registration details
- Legal name
- Pgim Private Placement Investors, L.P.
- Headquarters
- 655 Broad Street, 17th Floor, Newark, NJ 07102
- Phone
- 973-367-2454
- Website
- Not reported
- SEC file
- 801-43479
- Structure
- Delaware limited partnership
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Pgim Private Placement Investors have?
Pgim Private Placement Investors has 33 clients and manages $24.4 billion for them, as of March 2026. They include 31 insurance companies, 1 pooled investment vehicles and 1 sovereign wealth funds and foreign official institutions.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 March 2026
What services does Pgim Private Placement Investors offer?
Pgim Private Placement Investors provides portfolio management for pooled vehicles and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Pgim Private Placement Investors use?
Pgim Private Placement Investors’ separately managed account assets are held at Jpmorgan Chase (Brooklyn, NY), with $16,921,632,735 and BNY Mellon (Jersey City, NJ), with $3,532,379,048. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 March 2026
How many financial advisors does Pgim Private Placement Investors have?
Pgim Private Placement Investors has 0 investment adviser representatives registered with state securities authorities, out of 290 employees, and 290 perform investment advisory functions. 16 are registered representatives of a broker-dealer and 1 are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Pgim Private Placement Investors invest in?
At the end of its last fiscal year, Pgim Private Placement Investors’ separately managed accounts held 82% investment grade corporate bonds, 9% primarily reflects unfunded commitments, 5% high-yield corporate bonds, 3% cash and equivalents and 1% U.S. government and agency bonds. It advises no private funds of its own.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Pgim Private Placement Investors?
Pgim Private Placement Investors is owned through a chain of holding companies by Prudential Financial, Inc. Its direct owner is Pgim, Inc. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 27 March 2026
How does Pgim Private Placement Investors get paid?
Pgim Private Placement Investors is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file