Prudential Investment Management,
a Prudential Financial business, is
one of the largest managers of U.S. institutional assets (source: P & I, May 28, 2007) managing $434 billion (March 31, 2008) across a broad range of asset classes:
Prudential Mortgage Capital Looking to Expand Market Presence Across All Capital Sources in 2008 - Company exceeds 2006 record by originating $14.5 billion in loans.
Prudential Capital Partners invested $350 million of mezzanine and equity financing to 14 middle-market companies in 2006, leading the organization to the biggest year of mezzanine investing in more than a decade.
Prudential Capital Group originated nearly $7 billion in private placements in 2006. The investments were primarily fixed- and floating-rate senior debt, subordinated debt and equity in 175 companies worldwide.
Homeownership and Commercial Real Estate: Similar but Different (PREI, December 2006). Intuitively, homeownership and commercial real estate would appear to have significant similarities. But they are marked more by disparities than by similarities in terms of current return, total return, demand drivers and supply cycles. The modest correlation between them, plus their different attributes, suggests that they are not substitutes for each other and can be attractive complements in a diversified portfolio.
Prudential is authorized to transact business in all U.S. states and the District
of Columbia. Product availability varies by state and country.
Progressive Thinking
"Expected Returns 2008"
Charles Lowrey, President and CEO of Prudential Investment Management, updates earlier PIM research on the outlook for major asset classes given current valuations. (April 2008)
