PGIM Announces Collaboration with Partners Group
PGIM, the $1.44 trillion global investment management business of Prudential Financial, Inc., and the global private markets firm Partners Group, have entered a strategic partnership to construct and deliver a suite of multi-asset portfolio solutions for individual and institutional investors.
“PGIM has a robust history of investing across market cycles and has built global scale across public and private markets,” said Stuart Parker, head of Global Wealth at PGIM.
“Given our unique position as an insurance-backed asset manager and one of the top global asset managers for defined contribution plans, we are well suited to provide solutions that are differentiated and scalable across various client segments. Our partnership with Partners Group deepens our firm’s ability to provide clients with market-leading, innovative and comprehensive multi-asset investment solutions that meet their evolving needs.”
The collaboration was established in response to growing client interest in alternative investments and rising demand for comprehensive investment strategies, PGIM and Partners Group state. It is designed to meet the complex needs of individual and institutional investors, both who are seeking turnkey, diversified exposure across public and private markets either as a stand-alone option or integrated within a defined contribution plan or insurance portfolio.
“Partners Group has been delivering bespoke private markets solutions since its inception,” said David Layton, CEO, Partners Group. “Today, we combine our transformational investing approach with the ability to tailor flexible portfolio solutions to meet a broad range of investor requirements. This partnership with PGIM stands testament to that and is another important step in broadening access to private markets for a range of end clients.”
According to the announcement, PGIM and Partners Group will collaborate to develop a suite of investment solutions designed to deliver broad diversification across multiple public and private markets asset classes to enhance portfolio outcomes. The solutions will be built with flexibility at their core, capable of functioning as stand-alone investments or being integrated into defined contribution (DC) plans, insurance portfolios and other investment structures.
