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Pgim Fund Management Limited

London, United KingdomSEC-registered investment adviserCRD 171548

Filed as PGIM FUND MANAGEMENT LIMITED

Pgim Fund Management Limited is an SEC-registered investment advisory firm in London, United Kingdom, registered since 2014, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.

12 years
registered since 2014
$1,249,520,145
assets under management
3 arrangements
Percentage of assets, Performance-based and more
None
disclosure items (Item 11)

Quick answers

From the filing

How is Pgim Fund Management Limited compensated?

On its Form ADV (Item 5.E, October 2026), Pgim Fund Management Limited reports these compensation arrangements: a percentage of assets under its management; performance-based fees; other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

Where is Pgim Fund Management Limited located?

Pgim Fund Management Limited's principal office is in London, United Kingdom, according to its Form ADV.

Is Pgim Fund Management Limited registered with the SEC or a state?

Pgim Fund Management Limited is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 171548.

How much does Pgim Fund Management Limited manage?

Pgim Fund Management Limited reports $1,249,520,145 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary).

How have Pgim Fund Management Limited's assets and staff changed since 2021?

In the Form ADV data for Pgim Fund Management Limited: Regulatory assets under management: $4,601,797,961 in the October 2021 data and $1,249,520,145 in the October 2026 data, down 73%. Total employees: 109 in October 2021 and 179 in October 2026. Assets under management move with markets as well as with clients coming and going.

What types of clients does Pgim Fund Management Limited serve?

By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (4).

Does Pgim Fund Management Limited report any disciplinary disclosures?

Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/171548

What changed in Pgim Fund Management Limited's recent Form ADV filings?

In the April 2026 filing data: Regulatory assets under management went from $4,397,984,473 to $1,249,520,145 (-72%). Updated its list of owners and control persons (Schedule A).

From the Form ADV filing

Every figure below is as the firm filed it with regulators, as of October 2026.

How the firm is compensated

Item 5.E
  • A percentage of assets under your management
  • Performance-based fees
  • Other

Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ

Fees and minimums

Form ADV Part 2A

See the firm's brochure (dated March 27, 2026) for its fees and any account minimum, on the SEC's IAPD site.

Regulatory assets under management

Item 5.F
$1,249,520,145

$1,249,520,145 as of October 2026, filing dated March 27, 2026.

Discretionary: $1,249,520,145.Non-discretionary: $0.

A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means

Who the firm serves

Item 5.D
Individuals (other than high net worth individuals)
Clients 0 Assets $0 (0%)
High net worth individuals
Clients 0 Assets $0 (0%)
Banking or thrift institutions
Clients 0 Assets $0 (0%)
Investment companies
Clients 0 Assets $0 (0%)
Business development companies
Clients 0 Assets $0 (0%)
Pooled investment vehicles (other than investment companies and business development companies)
Clients 4 Assets $1,249,520,145 (100%)
Pension and profit sharing plans (but not the plan participants or government pension plans)
Clients 0 Assets $0 (0%)
Charitable organizations
Clients 0 Assets $0 (0%)
State or municipal government entities (including government pension plans)
Clients 0 Assets $0 (0%)
Other investment advisers
Clients 0 Assets $0 (0%)
Insurance companies
Clients 0 Assets $0 (0%)
Sovereign wealth funds and foreign official institutions
Clients 0 Assets $0 (0%)
Corporations or other businesses not listed above
Clients 0 Assets $0 (0%)

A firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.

Advisory services

Item 5.G
  • Portfolio management for pooled investment vehicles (other than investment companies)
  • Portfolio management for businesses (other than small businesses) or institutional clients

Registration and firm details

Items 1, 2, 5
Also doing business as
PGIM REAL ESTATE
Registration
SEC-registered investment adviser. Status as filed: Approved.
Registered since
2014 (12 years)
Employees
Total: 179. Performing investment advisory functions: 47.
Wrap fee program participation
No.
States registered or notice-filed
Not reported.

SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration

Disclosures

Item 11

None Reports no disclosure items on Form ADV Item 11. View on IAPD.

Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures

Assets and staff over time

Items 5.A, 5.F
$4.6B 2021 $7.06B 2022 $6.98B 2023 $3B 2024 $4.4B 2025 $1.25B 2026
Data periodAssets under managementEmployeesFiling dated
October 2026$1,249,520,145179March 27, 2026
October 2025$4,397,984,473197March 28, 2025
October 2024$3,001,608,937174May 1, 2024
October 2023$6,983,910,466151June 12, 2023
October 2022$7,057,364,008124May 4, 2022
October 2021$4,601,797,961109March 25, 2021

Regulatory assets under management: $4,601,797,961 in the October 2021 data and $1,249,520,145 in the October 2026 data, down 73%.

Total employees: 109 in October 2021 and 179 in October 2026.

As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.

Changes in the filing

Last 12 months
  1. April 2026
    • Regulatory assets under management went from $4,397,984,473 to $1,249,520,145 (-72%).
    • Updated its list of owners and control persons (Schedule A).
  2. February 2026
    • Changed its legal name from Pgim Private Alternatives (UK) Limited to Pgim Fund Management Limited.
    • Updated its list of owners and control persons (Schedule A).

Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.

Websites listed on Form ADV

Item 1.I
pgim.compgim.com/real-estate

Source: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."

Cite this page

AdvisorCensus. Pgim Fund Management Limited (CRD 171548): Form ADV filing data as of October 2026.
https://advisorcensus.com/firm/pgim-fund-management-limited-london-171548