{ "crd_number": 106442, "slug": "pgim-private-placement-investors-l-p-newark-nj-106442", "primary_business_name": "PGIM PRIVATE PLACEMENT INVESTORS, L.P.", "legal_name": "PGIM PRIVATE PLACEMENT INVESTORS, L.P.", "dbas": [], "city": "Newark", "state": "NJ", "country": "United States", "cbsa_code": "35620", "metro": { "cbsa_code": "35620", "common_name": "New York", "msa_name": "New York-Newark-Jersey City, NY-NJ", "path": "/advisors/ny/new-york" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "1993-03-31", "years_registered": 33, "period": "2026-10-01", "filing_date": "2026-03-27", "carried_forward": false, "raum_total": 24444402198.0, "raum_discretionary": 24444402198.0, "raum_non_discretionary": 0.0, "raum_band": "over_5b", "raum_band_label": "Over $5 billion", "total_employees": 290, "advisory_employees": 290, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "charitable": { "raum": null, "count": 0 }, "individuals": { "raum": null, "count": 0 }, "banking_thrift": { "raum": null, "count": 0 }, "state_municipal": { "raum": null, "count": 0 }, "insurance_companies": { "raum": 22899774777.0, "count": 31 }, "investment_companies": { "raum": null, "count": 0 }, "pension_profit_sharing": { "raum": null, "count": 0 }, "other_investment_advisers": { "raum": null, "count": 0 }, "high_net_worth_individuals": { "raum": null, "count": 0 }, "pooled_investment_vehicles": { "raum": 396067123.0, "count": 1 }, "corporations_other_businesses": { "raum": null, "count": 0 }, "business_development_companies": { "raum": null, "count": 0 }, "sovereign_wealth_foreign_official": { "raum": 1148560298.0, "count": 1, "fewer_than_5": true } }, "compensation_types": [ "percentage_of_aum", "performance_based" ], "advisory_activities": [ "portfolio_management_businesses_institutional", "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "CO", "CT", "IL", "LA", "NE", "NJ", "NY", "TX" ], "websites": [ "https://linkedin.com/company/pgim-private-capital", "https://linkedin.com/company/pgim-private-capital-financing", "https://pgimprivatecapital.com", "https://prudentialprivatecapital.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/106442", "city_as_filed": "NEWARK", "url": "https://advisorcensus.com/firm/pgim-private-placement-investors-l-p-newark-nj-106442", "display_name": "Pgim Private Placement Investors, L.P.", "summary": "Pgim Private Placement Investors, L.P. is an SEC-registered investment advisory firm in Newark, NJ, registered since 1993, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.", "citation": "AdvisorCensus. Pgim Private Placement Investors, L.P. (CRD 106442): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Performance-based fees" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)", "Portfolio management for businesses (other than small businesses) or institutional clients" ], "quick_answers": [ { "q": "How is Pgim Private Placement Investors, L.P. compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Pgim Private Placement Investors, L.P. reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Pgim Private Placement Investors, L.P. located?", "a": "Pgim Private Placement Investors, L.P.'s principal office is in Newark, NJ, according to its Form ADV; the April 2026 filing also lists 15 other offices (Schedule D, Section 1.F)." }, { "q": "Is Pgim Private Placement Investors, L.P. registered with the SEC or a state?", "a": "Pgim Private Placement Investors, L.P. is an SEC-registered investment advisory firm, registered since 1993. Status as filed: Approved. CRD 106442." }, { "q": "How much does Pgim Private Placement Investors, L.P. manage?", "a": "Pgim Private Placement Investors, L.P. reports $24,444,402,198 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary)." }, { "q": "How have Pgim Private Placement Investors, L.P.'s assets and staff changed since 2021?", "a": "In the Form ADV data for Pgim Private Placement Investors, L.P.: Regulatory assets under management: $20,536,308,829 in the October 2021 data and $24,444,402,198 in the October 2026 data, up 19%. Total employees: 242 in October 2021 and 290 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Pgim Private Placement Investors, L.P. serve?", "a": "By number of clients on Form ADV Item 5.D: insurance companies (31); pooled investment vehicles (other than investment companies and business development companies) (1); sovereign wealth funds and foreign official institutions (1)." }, { "q": "Which custodians does Pgim Private Placement Investors, L.P. use?", "a": "Pgim Private Placement Investors, L.P.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists BNY Mellon and JPMorgan Chase as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does Pgim Private Placement Investors, L.P. report any disciplinary disclosures?", "a": "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/106442" }, { "q": "What changed in Pgim Private Placement Investors, L.P.'s recent Form ADV filings?", "a": "In the April 2026 filing data: Employees performing advisory functions went from 289 to 290. Changed its office addresses in Chicago, IL. Changed its office addresses in Dallas, TX. Changed its office addresses in Frankfurt. Changed its office addresses in Los Angeles, CA. Registered or notice-filed in NJ." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 20536308829.0, "total_employees": 242, "filing_date": "2021-03-31" }, { "period": "2022-10-01", "regulatory_assets_under_management": 21786573607.0, "total_employees": 252, "filing_date": "2022-03-30" }, { "period": "2023-10-01", "regulatory_assets_under_management": 25132819782.0, "total_employees": 274, "filing_date": "2023-03-29" }, { "period": "2024-10-01", "regulatory_assets_under_management": 25675970685.0, "total_employees": 267, "filing_date": "2024-03-28" }, { "period": "2025-10-01", "regulatory_assets_under_management": 23599919426.0, "total_employees": 289, "filing_date": "2025-03-26" }, { "period": "2026-10-01", "regulatory_assets_under_management": 24444402198.0, "total_employees": 290, "filing_date": "2026-03-27" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 289 to 290.", "Changed its office addresses in Chicago, IL.", "Changed its office addresses in Dallas, TX.", "Changed its office addresses in Frankfurt.", "Changed its office addresses in Los Angeles, CA.", "Registered or notice-filed in NJ." ] }, { "period": "2026-01-01", "period_label": "January 2026", "notes": [ "Changed its office addresses in Frankfurt.", "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "BNY Mellon", "name_as_filed": "BNY MELLON", "affiliated": false }, { "name": "JPMorgan Chase", "name_as_filed": "JPMORGAN CHASE", "affiliated": false } ], "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.", "markdown_url": "https://advisorcensus.com/firm/pgim-private-placement-investors-l-p-newark-nj-106442.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 0, "fewer_than_5": false, "raum": null }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 0, "fewer_than_5": false, "raum": null }, { "type": "banking_thrift", "label": "Banking or thrift institutions", "count": 0, "fewer_than_5": false, "raum": null }, { "type": "investment_companies", "label": "Investment companies", "count": 0, "fewer_than_5": false, "raum": null }, { "type": "business_development_companies", "label": "Business development companies", "count": 0, "fewer_than_5": false, "raum": null }, { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 1, "fewer_than_5": false, "raum": 396067123.0 }, { "type": "pension_profit_sharing", "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)", "count": 0, "fewer_than_5": false, "raum": null }, { "type": "charitable", "label": "Charitable organizations", "count": 0, "fewer_than_5": false, "raum": null }, { "type": "state_municipal", "label": "State or municipal government entities (including government pension plans)", "count": 0, "fewer_than_5": false, "raum": null }, { "type": "other_investment_advisers", "label": "Other investment advisers", "count": 0, "fewer_than_5": false, "raum": null }, { "type": "insurance_companies", "label": "Insurance companies", "count": 31, "fewer_than_5": false, "raum": 22899774777.0 }, { "type": "sovereign_wealth_foreign_official", "label": "Sovereign wealth funds and foreign official institutions", "count": 1, "fewer_than_5": true, "raum": 1148560298.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": 0, "fewer_than_5": false, "raum": null } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/106442", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }