PRU - Conference and earnings call announcements

Mid-rise apartment development to offer prime regional connectivityALEXANDRIA, Va., May 28, 2026 /PRNewswire/ -- Quarterra, an industry-leading multifamily development and investment management firm, and PGIM, the global investment management business of Prudential Financial, Inc. and the second-largest real estate investment manager in the world, celebrated the commencement of construction on Alexandria Crossing at their groundbreaking ceremony earlier this month. Alongside the project's lead lender, ING Capital LLC, Quarterra and PGIM are proud to bring the new luxury apartment community to the heart of Alexandria, offering a premier residential destination that blends modern living with u

Latest acquisition of a 127-unit Bronx residential community underscores the fund's strategy of sourcing institutional-quality private real estate for a broader investor base PGIM, the $1.4 trillion global investment management business of Prudential Financial, Inc.1 ((PRU), has announced that the PGIM Real Estate Fund, Inc. has completed its 10th property acquisition with the purchase of The Arbor, a 127-unit housing community in the Riverdale neighborhood in the Bronx, New York, at a gross capitalization of $73.5 million. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260520170097/en/Soultana Reigle, Head of U.S. Equity for

Partnership expands healthcare platform with acquisition of premier outpatient medical building in Denver Lincoln Property Company ("Lincoln"), a global full‑service real estate firm, and PGIM, the world's second largest real estate investment manager with $218 billion in gross assets under management and administration,1 today announced the acquisition of St. Joseph Medical Pavilion, a 99,503‑square‑foot, Class A outpatient medical building located on the campus of St. Joseph Hospital, operated by Intermountain Health, in Denver, Colorado. The five‑story facility, delivered in 2020, is strategically positioned within Denver's Uptown Medical District, one of the city's premier healthcare

The 357-unit project, Alta Watkins, will break ground this monthRALEIGH, N.C., March 30, 2026 /PRNewswire/ -- National multifamily developer Wood Partners has closed on Alta Watkins in Morrisville, North Carolina in partnership with PGIM, the world's second largest real estate investment manager with $218 billion in gross assets under management and administration1. The 357-unit multifamily community will break ground this month and is slated to open by the end of 2028. Sarah Godwin and Karl Hudson with Foundry Commercial represented the seller in the transaction. "Alta Watkins'

Lincoln Property Company ("Lincoln"), a global, full-service real estate firm, and PGIM's real estate business ("PGIM"), the world's third largest real estate investment manager, today announced the formation of a strategic joint venture partnership to pursue outpatient medical investments across the United States. The joint venture extends Lincoln and PGIM's longstanding relationship and underscores a shared commitment to expanded healthcare real estate investment, uniting Lincoln's extensive operational expertise within the sector and PGIM's financial strength from over 55 years of successful real estate investment across diversified strategies and $213 billion of current AUM. The joint

Prismic Life Holding Company, LP (Prismic) today announced the successful completion of its third capital raise of US$1.3 billion. Prismic is sponsored by Prudential Financial, Inc. ((PRU) (PFI) and Warburg Pincus, global leaders in insurance and investment management. Prismic has been supported by a global consortium of world-class investors who participated in the capital raise. The capital will provide additional capacity for Prismic to grow its reinsurance platform. Prismic is a Bermuda-exempted limited partnership and the holding company of Prismic Life Reinsurance, Ltd. and Prismic Life Reinsurance International, Ltd., each a licensed Class E Bermuda-based life and annuity reinsuran

CHEVY CHASE, Md., Oct. 9, 2025 /PRNewswire/ -- FCP® announces it has provided $47.1 million in capital through its Structured Investments platform to finance the construction of a mixed-use development comprised of 553 luxury apartments, Mira and Ador, in two adjacent towers, anchored by an approximately 40,000 square foot grocery store. The development, located at the former Macy's building site at 685 N. Glebe Road, adjacent to the Ballston Quarter shopping mall, is being developed by Arlington-based Insight Property Group (Insight) in partnership with PGIM's real estate business.

Leading global investment firm signs 15-year lease at Two International Place to bolster capabilities and support global operations 132,529-square-foot commitment marks major milestone for Boston's office market The Chiofaro Company, in partnership with PGIM's real estate business, today announced that KKR, a leading global investment firm, has signed a 15-year lease for 132,529 square feet at Two International Place, representing a significant milestone for Boston's office market. KKR will relocate to the new office space to accommodate its growth in Boston, expanding its U.S. footprint, and bolstering its capabilities across key strategic areas to support its global operations. Cur

American Capital Group ("ACG"), a full-service real estate investment and development company, and PGIM Real Estate, the real estate investment and financing arm of Prudential Financial, today announced a joint venture to develop The Foundry at Totem Lake, a multifamily project in the Kirkland submarket of Seattle. Construction is set to begin in Q2 2025, with completion expected by Q4 2027. Located at 12700 and 12704 NE 124th St., the development will feature a seven-story residential building, including three stories of structured parking. The community will offer 453 units with a diverse range of floor plans including studios, open-one, one-, two- and three-bedrooms. Residents will also

Second transaction expands Prismic's AUM to estimated $17 billion Prudential Financial, Inc. ((PRU) announced today an agreement to reinsure a portion of its recently originated Japanese whole life policies with a subsidiary of Prismic Life (Prismic), a Bermuda-based life and annuity reinsurance company sponsored by Prudential and Warburg Pincus and supported by a group of global investors. Under the terms of the agreement, Prismic will reinsure approximately $7 billion of reserves backing USD-denominated Japanese whole life insurance policies which were recently originated by Prudential's Japanese affiliates. Prudential's obligations to these policyholders will remain unchanged followi

Prudential Financial, Inc. (NYSE:PRU) will participate in the 2024 KBW Insurance Conference on Wednesday, September 4, 2024. On that day at approximately 10:50 a.m. ET, Charles Lowrey, chairman and CEO, will participate in an analyst-led fireside chat. Interested parties may listen to the presentation through a live audio webcast on Prudential Financial's Investor Relations website at investor.prudential.com. Please log on at least 15 minutes early to register, download and install any necessary software. A replay will be available on the Investor Relations website through September 18, 2024. Prudential Financial, Inc. ((PRU), a global financial services leader and premier active glob

Prudential Financial, Inc. (NYSE:PRU) will participate in the Morgan Stanley 2024 U.S. Financials Conference on Wednesday, June 12, 2024. On that day at approximately 1:45 p.m. ET, Rob Falzon, vice chairman, will participate in an analyst-led fireside chat. Interested parties may listen to the presentation through a live audio webcast on Prudential Financial's Investor Relations website at investor.prudential.com. Please log on at least 15 minutes early to register, download and install any necessary software. A replay will be available on the Investor Relations website through June 26, 2024. Prudential Financial, Inc. ((PRU), a global financial services leader and premier active glob

PGIM High Yield Bond Fund, Inc. (NYSE:ISD), PGIM Global High Yield Fund, Inc. (NYSE:GHY) and PGIM Short Duration High Yield Opportunities Fund (NYSE:SDHY) declared today monthly distributions for March, April, and May 2024. The distribution amounts and schedule for each fund appears below: Fund Name Ticker Distribution Per Share Change from Prior Distribution PGIM High Yield Bond Fund, Inc. ISD $0.105 – PGIM Global High Yield Fund, Inc. GHY $0.105 – PGIM Short Duration High Yield Opportunities Fund SDHY $0.108 –   Month Ex-Date Record Date Payable Date Ma

Attractively priced at 0.50%, PGIM's new ETFs seek potential downside risk protection with 12% and 20% buffer options PGIM,1 the $1.2 trillion global investment management business of Prudential Financial, Inc. ((PRU), has launched two buffer ETF series, the PGIM U.S. Large-Cap Buffer 12 ETF series and the PGIM U.S. Large-Cap Buffer 20 ETF series ("the ETFs"), listed on the Cboe BZX. The series will consist of a total of 24 ETFs, with 12% and 20% buffer ETFs launching on a rolling basis the first business day of each month throughout the year. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240102680094/en/Stuart Parker, Presid

Prudential Financial, Inc. (NYSE:PRU) will participate in the Goldman Sachs 2023 US Financial Services Conference on Tuesday, December 5, 2023. On that day at approximately 9:20 a.m. ET, Charles Lowrey, chairman and CEO, will participate in an analyst-led fireside chat. Interested parties may listen to the presentation through a live audio webcast on Prudential Financial's Investor Relations website at investor.prudential.com. Please log on at least 15 minutes early to register, download and install any necessary software. A replay will be available on the Investor Relations website through December 19, 2023. Prudential Financial, Inc. ((PRU), a global financial services leader and pr

Continuing PGIM's long-standing commitment to economic equity in asset management. PGIM, the $1.2 trillion global investment management business of Prudential Financial, Inc. ((PRU), has hired Sancia Dalley as a managing director in the PGIM Office of Diversity, Equity & Inclusion (DEI). In this role, Dalley will oversee the DEI Investment Portfolio and HBCU Investment Strategy. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231120626805/en/Sancia Dalley, Managing Director, DEI Investment Portfolio and HBCU Investment Strategy, PGIM (Photo: Business Wire) Together with parent company Prudential, PGIM is committed to helping to

PGIM, the $1.27 trillion global investment management business of Prudential Financial, Inc. ((PRU), has appointed Eric Adler as president and CEO of PGIM Private Alternatives, bringing together the firm's private alternatives capabilities in order to provide global investors with a cohesive set of investment solutions across private credit, real estate equity and debt, private equity, infrastructure, and agriculture. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230906627410/en/David Hunt, President and CEO, PGIM (Photo: Business Wire) The appointment of Adler and formation of PGIM Private Alternatives underscores PGIM's commi

Prudential Financial, Inc. (NYSE:PRU) will participate in the 2023 Barclays Global Financial Services Conference on Wednesday, September 13, 2023. On that day at approximately 9:45 a.m. ET, Charles Lowrey, chairman and CEO, will participate in an analyst-led fireside chat. Interested parties may listen to the presentation through a live audio webcast on Prudential Financial's Investor Relations website at investor.prudential.com. Please log on at least 15 minutes early to register, download and install any necessary software. A replay will be available on the Investor Relations website through September 27, 2023. Prudential Financial, Inc. ((PRU), a global financial services leader an

The five Grand Prize winners were among 25 young people honored by actress, activist and author America Ferrera and Prudential Chairman and CEO Charles Lowrey for their work addressing the challenges of a changing world. NEWARK, N.J., April 27, 2023 /PRNewswire/ -- For initiatives that range from promoting financial literacy to combating mental health stigmas, five young people were named Grand Prize winners by Prudential Financial's Emerging Visionaries program at a four-day summit held this week at Prudential's Newark headquarters. The Emerging Visionaries program is conduc

For the second year, 25 exceptional young leaders are honored for their work addressing the challenges of a changing world NEWARK, N.J., Feb. 21, 2023 /PRNewswire/ -- Prudential Financial today announced its next class of Prudential Emerging Visionaries — 25 young leaders from across the U.S. with an inspiring commitment to improving the lives of others. Prudential Emerging Visionaries honors young changemakers ages 14-18 who have innovative, bold solutions to financial and societal challenges in their communities. "The goals of our Emerging Visionaries program reflect Prudent

Prudential Financial to grant $500,000 to seed the Stackwell investment accounts of up to 500 students within the Student Freedom Initiative Network Today, Student Freedom Initiative (SFI), Stackwell, and Prudential Financial announced the launch of the Student Investment Program (SIP), a multi-year strategic partnership granting $500,000 in funding to students attending Historically Black Colleges and Universities (HBCUs) and other Minority Serving Institutions (MSIs) nationwide within the SFI network. The pilot program will distribute $1,000 grants to each participating student's investment account on the Stackwell platform and will provide access to investment education and other resour

Prudential Financial, Inc. (NYSE:PRU) will participate in the Goldman Sachs 2022 U.S. Financial Services Conference on Tuesday, December 6, 2022. On that day at approximately 8:40 a.m. ET, Robert Falzon, vice chairman, will participate in an analyst-led fireside chat. Interested parties may listen to the presentation through a live audio webcast on Prudential Financial's Investor Relations website at investor.prudential.com. Please log on at least 15 minutes early to register and download and install any necessary software. A replay will be available on the Investor Relations website through December 20, 2022. Prudential Financial, Inc. ((PRU), a global financial services leader and prem

The Prudential Emerging Visionaries program will recognize students ages 14–18 creating positive change in their communities. NEWARK, N.J., Sept. 13, 2022 /PRNewswire/ -- Applications open today for Prudential Emerging Visionaries, a program that celebrates young people bringing fresh perspectives and innovative solutions to pressing financial and societal challenges in their communities. "Recognizing young leaders for making their communities stronger and more inclusive is another way Prudential fulfills its purpose of making lives better by solving the financial challenges o

NEWARK, N.J., Feb. 15, 2022 /PRNewswire/ -- Anya Shukla, 18, of Bellevue, today was named a 2022 Prudential Emerging Visionary for bringing powerful vision and meaningful change to her community. As one of 25 young people from across the country selected in this year's inaugural class, Anya will receive $5,000 in funding as well as an invitation to participate in an awards summit from April 23-26, 2022. The summit will include a lively agenda packed with skills development workshops, coaching sessions, networking opportunities and special recognition events. Select winners wil

NEWARK, N.J., Feb. 15, 2022 /PRNewswire/ -- Isabella Hanson, 16, of Chadds Ford, today was named a 2022 Prudential Emerging Visionary for bringing powerful vision and meaningful change to her community. As one of 25 young people from across the country selected in this year's inaugural class, Isabella will receive $5,000 in funding as well as an invitation to participate in an awards summit from April 23-26, 2022. The summit will include a lively agenda packed with skills development workshops, coaching sessions, networking opportunities and special recognition events. Select

NEWARK, N.J., Feb. 15, 2022 /PRNewswire/ -- Ella Gupta, 17, of Raleigh, and Sahana Mantha, 15, of Charlotte, today were each named a 2022 Prudential Emerging Visionary for bringing powerful vision and meaningful change to their communities. As two of 25 young people from across the country selected in this year's inaugural class, Ella and Sahana will each receive $5,000 in funding as well as an invitation to participate in an awards summit from April 23-26, 2022. The summit will include a lively agenda packed with skills development workshops, coaching sessions, networking

NEWARK, N.J., Feb. 15, 2022 /PRNewswire/ -- Stephanie Wang, 17, of Katy, today was named a 2022 Prudential Emerging Visionary for bringing powerful vision and meaningful change to her community. As one of 25 young people from across the country selected in this year's inaugural class, Stephanie will receive $5,000 in funding as well as an invitation to participate in an awards summit from April 23-26, 2022. The summit will include a lively agenda packed with skills development workshops, coaching sessions, networking opportunities and special recognition events. Select winners

NEWARK, N.J., Feb. 15, 2022 /PRNewswire/ -- Aaron Li, 17, of Portland, today was named a 2022 Prudential Emerging Visionary for bringing powerful vision and meaningful change to his community. As one of 25 young people from across the country selected in this year's inaugural class, Aaron will receive $5,000 in funding as well as an invitation to participate in an awards summit from April 23-26, 2022. The summit will include a lively agenda packed with skills development workshops, coaching sessions, networking opportunities and special recognition events. Select winners will

NEWARK, N.J., Feb. 15, 2022 /PRNewswire/ -- Isaac Hertenstein, 15, of Greencastle, today was named a 2022 Prudential Emerging Visionary for bringing powerful vision and meaningful change to his community. As one of 25 young people from across the country selected in this year's inaugural class, Isaac will receive $5,000 in funding as well as an invitation to participate in an awards summit from April 23-26, 2022. The summit will include a lively agenda packed with skills development workshops, coaching sessions, networking opportunities and special recognition events. Select w

NEWARK, N.J., Feb. 15, 2022 /PRNewswire/ -- Sriya Tallapragada, 15, of New Providence, today was named a 2022 Prudential Emerging Visionary for bringing powerful vision and meaningful change to her community. As one of 25 young people from across the country selected in this year's inaugural class, Sriya will receive $5,000 in funding as well as an invitation to participate in an awards summit from April 23-26, 2022. The summit will include a lively agenda packed with skills development workshops, coaching sessions, networking opportunities and special recognition events. Sele

NEWARK, N.J., Feb. 15, 2022 /PRNewswire/ -- Tavish Sharma, 18, of Libertyville, today was named a 2022 Prudential Emerging Visionary for bringing powerful vision and meaningful change to his community. As one of 25 young people from across the country selected in this year's inaugural class, Tavish will receive $5,000 in funding as well as an invitation to participate in an awards summit from April 23-26, 2022. The summit will include a lively agenda packed with skills development workshops, coaching sessions, networking opportunities and special recognition events. Select win

NEWARK, N.J., Feb. 15, 2022 /PRNewswire/ -- Jordyn Cambeiro, 16, of Henderson, today was named a 2022 Prudential Emerging Visionary for bringing powerful vision and meaningful change to her community. As one of 25 young people from across the country selected in this year's inaugural class, Jordyn will receive $5,000 in funding as well as an invitation to participate in an awards summit from April 23-26, 2022. The summit will include a lively agenda packed with skills development workshops, coaching sessions, networking opportunities and special recognition events. Select winn

NEWARK, N.J., Feb. 15, 2022 /PRNewswire/ -- Esther Chan, 15, of Honolulu, today was named a 2022 Prudential Emerging Visionary for bringing powerful vision and meaningful change to her community. As one of 25 young people from across the country selected in this year's inaugural class, Esther will receive $5,000 in funding as well as an invitation to participate in an awards summit from April 23-26, 2022. The summit will include a lively agenda packed with skills development workshops, coaching sessions, networking opportunities and special recognition events. Select winners w

NEWARK, N.J., Feb. 15, 2022 /PRNewswire/ -- Rachel Holmes, 18, of San Jose; Kayli Joy Cooper, 17, of Studio City; Naomi Porter, 17, of Rancho Palos Verdes; and Khloe Thompson, 14, of Yorba Linda, today were each named a 2022 Prudential Emerging Visionary for bringing powerful vision and meaningful change to their communities. As four of the 25 young people from across the country selected in this year's inaugural class, Rachel, Kayli Joy, Naomi, and Khloe will each receive $5,000 in funding as well as an invitation to participate in an awards summit from April 23-26, 2022. The

NEWARK, N.J., Feb. 15, 2022 /PRNewswire/ -- Faaris Zuberi, 17, of Rockville, and Arthur Wang, 17, of Columbia, today were each named a 2022 Prudential Emerging Visionary for bringing powerful vision and meaningful change to their communities. As two of the 25 young people from across the country selected in this year's inaugural class, Faaris and Arthur will each receive $5,000 in funding as well as an invitation to participate in an awards summit from April 23-26, 2022. The summit will include a lively agenda packed with skills development workshops, coaching sessions, networ

NEWARK, N.J., Feb. 15, 2022 /PRNewswire/ -- Elise Zeigler, 17, of St. Louis, today was named a 2022 Prudential Emerging Visionary for bringing powerful vision and meaningful change to her community. As one of 25 young people from across the country selected in this year's inaugural class, Elise will receive $5,000 in funding as well as an invitation to participate in an awards summit from April 23-26, 2022. The summit will include a lively agenda packed with skills development workshops, coaching sessions, networking opportunities and special recognition events. Select winners

NEWARK, N.J., Feb. 15, 2022 /PRNewswire/ -- Chris Matthews, 14, of McDonough, and Arnav Tripathi, 17, of Cumming, today were each named a 2022 Prudential Emerging Visionary for bringing powerful vision and meaningful change to their communities. As two of 25 young people from across the country selected in this year's inaugural class, Chris and Arnav will each receive $5,000 in funding as well as an invitation to participate in an awards summit from April 23-26, 2022. The summit will include a lively agenda packed with skills development workshops, coaching sessions, networkin

NEWARK, N.J., Feb. 15, 2022 /PRNewswire/ -- Amelie Beck, 15, of Louisville, today was named a 2022 Prudential Emerging Visionary for bringing powerful vision and meaningful change to her community. As one of 25 young people from across the country selected in this year's inaugural class, Amelie will receive $5,000 in funding as well as an invitation to participate in an awards summit from April 23-26, 2022. The summit will include a lively agenda packed with skills development workshops, coaching sessions, networking opportunities and special recognition events. Select winners

NEWARK, N.J., Feb. 15, 2022 /PRNewswire/ -- Arun Moorthy, 16, of Scottsdale, today was named a 2022 Prudential Emerging Visionary for bringing powerful vision and meaningful change to his community. As one of 25 young people from across the country selected in this year's inaugural class, Arun will receive $5,000 in funding as well as an invitation to participate in an awards summit from April 23-26, 2022. The summit will include a lively agenda packed with skills development workshops, coaching sessions, networking opportunities and special recognition events. Select winners

NEWARK, N.J., Feb. 15, 2022 /PRNewswire/ -- Jonah Basi, 17, of Fort Lauderdale; Sayers Grooms, 16, of Gainesville; and Jonathan Tamen, 17, of Miami Beach, today were each named a 2022 Prudential Emerging Visionary for bringing powerful vision and meaningful change to their communities. As three of 25 young people from across the country selected in this year's inaugural class, Jonah, Sayers and Jonathan will each receive $5,000 in funding as well as an invitation to participate in an awards summit from April 23-26, 2022. The summit will include a lively agenda packed with skil

NEWARK, N.J., Feb. 15, 2022 /PRNewswire/ -- Prudential Financial today announced its inaugural class of Prudential Emerging Visionaries — 25 young people from across the country with an inspiring commitment to improving the lives of others. Prudential Emerging Visionaries recognizes young leaders ages 14-18 who have fresh, innovative solutions to pressing financial and societal challenges in their communities. The program is a collaboration between Prudential Financial and Ashoka, a leading social impact organization, with advisory support from the Financial Health Network, an

Prudential Financial, Inc. (NYSE:PRU) will participate in the Bank of America 2022 Virtual Insurance Conference on Wednesday, Feb. 16, 2022. On that day at approximately 3:25 p.m. ET, Charles Lowrey, chairman and CEO, will participate in an analyst-led fireside chat. Interested parties may listen to the presentation through a live audio webcast on Prudential Financial's Investor Relations website at investor.prudential.com. Please log on at least 15 minutes early to register and download and install any necessary software. A replay will be available on the Investor Relations website through March 2, 2022. Prudential Financial, Inc. ((PRU), a global financial services leader and premier a

Prudential Financial, Inc. (NYSE:PRU) will participate in the Goldman Sachs 2021 US Financial Services Conference on Wednesday, Dec. 8, 2021. On that day at approximately 8:00 a.m. ET, Charles Lowrey, chairman and CEO, will participate in an analyst-led fireside chat. Interested parties may listen to the presentation through a live audio webcast on Prudential Financial's Investor Relations website at investor.prudential.com. Please log on at least 15 minutes early to register and download and install any necessary software. A replay will be available on the Investor Relations website through Dec. 22, 2021. Prudential Financial, Inc. ((PRU), a global financial services leader and premier

NEWARK, N.J., Sept. 9, 2021 /PRNewswire/ -- Applications open today for Prudential Emerging Visionaries, a program that celebrates young people bringing fresh perspectives and innovative solutions to pressing financial and societal challenges in their communities.  The program builds on the legacy and momentum of the Prudential Spirit of Community Awards, the country's largest youth recognition program based exclusively on volunteer community service. Since 1995, more than 150,000 young people across the United States have been honored through these awards. Inspired by the imp

Sponsorship elevates USA Climbing as the team brings home silver from the sport's debut in Tokyo Prudential Financial, Inc. ((PRU), known for its iconic Rock logo, is proud to announce its sponsorship of USA Climbing, which won silver in the sport's debut at the Olympic Games in Tokyo. The partnership celebrates a new generation of inspirational American athletes who represent the future of climbing and embody Prudential's shared attributes of strength, performance, and reaching new heights. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210811005293/en/Prudential is proud to sponsor USA Climbing, including teammates Colin Duffy

Prudential Financial, Inc. (NYSE:PRU) will participate in the UBS 2021 Financial Services Conference on Tuesday, August 10, 2021. On that day at approximately 11:00 a.m. ET, Robert Falzon, vice chairman, will participate in an analyst-led fireside chat. Interested parties may listen to the presentation through a live audio webcast on Prudential Financial's Investor Relations website at investor.prudential.com. Please log on at least 15 minutes early to register and download and install any necessary software. A replay will be available on the Investor Relations website through August 24, 2021. Prudential Financial, Inc. ((PRU), a global financial services leader and premier active global