# Pgim Private Placement Investors, L.P.

> 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.

- CRD: 106442
- Filed as: PGIM PRIVATE PLACEMENT INVESTORS, L.P.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Newark, NJ
- Filing period: October 2026
- Form ADV filing dated: March 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/106442
- AdvisorCensus page: https://advisorcensus.com/firm/pgim-private-placement-investors-l-p-newark-nj-106442

## Quick answers

**How is Pgim Private Placement Investors, L.P. compensated?**
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.

**Where is Pgim Private Placement Investors, L.P. located?**
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).

**Is Pgim Private Placement Investors, L.P. registered with the SEC or a state?**
Pgim Private Placement Investors, L.P. is an SEC-registered investment advisory firm, registered since 1993. Status as filed: Approved. CRD 106442.

**How much does Pgim Private Placement Investors, L.P. manage?**
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).

**How have Pgim Private Placement Investors, L.P.'s assets and staff changed since 2021?**
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.

**What types of clients does Pgim Private Placement Investors, L.P. serve?**
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).

**Which custodians does Pgim Private Placement Investors, L.P. use?**
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.

**Does Pgim Private Placement Investors, L.P. 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/106442

**What changed in Pgim Private Placement Investors, L.P.'s recent Form ADV filings?**
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.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Custodians (Schedule D, Section 5.K(3))
- BNY Mellon
- JPMorgan Chase

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.

### Regulatory assets under management (Item 5.F)
- Total: $24,444,402,198
- Discretionary: $24,444,402,198
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | Not reported |
| High net worth individuals | 0 | Not reported |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 0 | Not reported |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 1 | $396,067,123 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | Not reported |
| Charitable organizations | 0 | Not reported |
| State or municipal government entities (including government pension plans) | 0 | Not reported |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 31 | $22,899,774,777 |
| Sovereign wealth funds and foreign official institutions | 1 | $1,148,560,298 |
| Corporations or other businesses not listed above | 0 | Not reported |

### 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

### Firm details
- Registered since: 1993 (33 years)
- Employees: 290 total, 290 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CO, CT, IL, LA, NE, NJ, NY, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Atlanta, GA
- Chicago, IL
- Dallas, TX
- Frankfurt
- Letterkenny, Co Donegal
- London
- Los Angeles, CA
- Madrid
- Mexico City
- Milano
- Minneapolis, MN
- New York, NY
- Paris
- San Francisco, CA
- Sydney

### Websites listed on Form ADV (Item 1.I)
- pgimprivatecapital.com
- prudentialprivatecapital.com
- LinkedIn @pgim-private-capital
- LinkedIn @pgim-private-capital-financing

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $20,536,308,829 | 242 | March 31, 2021 |
| October 2022 | $21,786,573,607 | 252 | March 30, 2022 |
| October 2023 | $25,132,819,782 | 274 | March 29, 2023 |
| October 2024 | $25,675,970,685 | 267 | March 28, 2024 |
| October 2025 | $23,599,919,426 | 289 | March 26, 2025 |
| October 2026 | $24,444,402,198 | 290 | March 27, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- 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.

### January 2026
- Changed its office addresses in Frankfurt.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Pgim Private Placement Investors, L.P. (CRD 106442): Form ADV filing data as of October 2026.