PRU - Public offerings

New institutional partners will support the further expansion of Ashcroft's Sun Belt multifamily portfolio NEW YORK, June 1, 2022 /PRNewswire/ -- Ashcroft Capital ("Ashcroft"), a vertically integrated multifamily investment firm, today announced the closing of a strategic partnership (the "Partnership") with institutional investors including investment funds advised by Goldman Sachs Asset Management and Blackstone Strategic Partners. The Partnership will provide liquidity to existing investors across the Ashcroft portfolio in addition to funding future acquisitions. The Partnership expects to invest in value-add multifamily properties throughout the Sun Belt markets, and Ashcroft currently

Expands Empower's reach across retirement services market to more than 16.6 million individuals and $1.4 trillion in AUA Empower poised to deliver broad set of solutions and capabilities to new and existing clients; strengthen investments across its existing suite of offerings Advances Prudential's transformation and enterprise growth strategy Empower Retirement and Prudential Financial, Inc. (NYSE:PRU) today announced they have entered into a definitive agreement for Empower to acquire Prudential's full-service retirement business. The acquisition will add significant expertise, a broader set of capabilities and an expanded product portfolio to Empower's existing business and drive ad

Net income attributable to Prudential Financial, Inc. of $2.828 billion or $6.98 per Common share versus net loss of $271 million or $0.70 per share for the year-ago quarter. Record high after-tax adjusted operating income of $1.665 billion or $4.11 per Common share versus $897 million or $2.22 per share for the year-ago quarter. Book value per Common share of $145.05 versus $152.45 per share for the year-ago; adjusted book value per Common share of $100.49 versus $99.71 per share for the year-ago. Capital returned to shareholders of $842 million in the quarter, including dividends of $1.15 per Common share, representing a 5% yield on adjusted book value, versus $945 million in the y