For the fourth time, PPM America, Inc. (PPM) has been named one of the Best Places to Work in Money Management by Pensions & Investments. This distinction is based upon the combined results of an employee survey to measure the employee experience and an evaluation of each nominated company's workplace policies, practices, philosophy, systems and demographics. For the 2023 results announced today, PPM was one of 48 companies to be selected in the 100 to 499 employee category, as well as one of 123 companies recognized in the industry overall.

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The Polar Plunge supporting the Special Olympics is one of the many philanthropic activities PPM America participates in throughout the year. (Photo: Business Wire)

"Being recognized as one of Pension & Investments' Best Places to Work in Money Management is a great way to cap off what has been an exciting year here at PPM," said Craig Smith, President, Chief Executive Officer and Chief Investment Officer. "This award reflects that the culture the employees have built at PPM continues to strengthen. We approach our work with purposeful consistency - supporting each other in an open and collaborative environment, keeping clients at the center of what we do and giving back to the community through firm-wide participation in many Chicagoland non-profit activities."

"In return, the company is committed to put our people in the best position to grow personally and professionally with a strong array of health and insurance benefits as well as substantial tuition reimbursement and retirement contribution matching programs."

"Pensions & Investments is proud to honor the Best Places to Work in Money Management for the 12th year. A strong workplace culture that supports talent, advocates progress and drives innovation is paramount to driving the best outcomes and these asset managers demonstrate that. Congratulations to the 2023 honorees for their commitment to employee well-being, attractive incentive structures and talent development that demonstrate how investing in your employees can elevate our industry to greater heights," said Pensions & Investments President and Publisher Nikki Pirrello.

Since 2012, Pensions & Investments has produced the Best Places to Work in Money Management list to highlight top employers in the money management industry. The results of the survey were reviewed by Best Companies Group and announced earlier this morning. For a complete list of the Pensions & Investments' Best Places to Work in Money Management 2023 winners, including PPM, and profiles of the top 100 firms across size categories, go to www.pionline.com/BPTW2023.

About PPM America

Our mission is to be seen by clients and their advisors as a consistently reliable partner to help them achieve their long-term value goals.

PPM is a US-based institutional asset manager with $68.46 billion in assets under management as of 30 September 2023.¹ Established in Chicago in 1990, PPM exists to consistently support institutional clients in achieving their long-term value goals. We offer our Midwestern mentality of hard work, straight talk, full transparency and humility. Our success is supported by a team-based culture that encourages debate, collaboration and consistency. At the center of our belief is the fact that our best ideas to date have and can come from any team member anywhere in our firm. We believe the success of our investment culture is best demonstrated by the strong retention of our clients and investment professionals.

PPM is an indirect, wholly owned subsidiary of Jackson Financial Inc. ((Jackson, NYSE:JXN), a publicly traded company. Jackson is a US retirement services provider with market leadership supported by its diverse portfolio of differentiated products, efficient and scalable operating platform and industry-leading distribution network.

¹ AUM includes committed but unfunded capital for PPM's private equity and commercial real estate businesses.

About Pensions & Investments

Pensions & Investments, owned by Crain Communications Inc., is a 50-year-old global news source of money management. Pensions & Investments is written for executives at defined benefit and defined contribution retirement plans, endowments, foundations and sovereign wealth funds, as well as those at investment management and other investment-related firms. Pensions & Investments provides timely and incisive coverage of events affecting the money management and retirement businesses. Visit Pension & Investments' website at www.pionline.com.

About Best Companies Group

With over 70 employer recognition programs worldwide, and through insights, analysis and consultation, Best Companies Group partners with growing companies interested in understanding, improving and showcasing their work environment and company culture. PPM did not pay Best Companies Group to participate in the survey and evaluation resulting in the 2023 recognition as one of the Best Places to Work in Money Management referenced above. However, PPM did purchase a report of the detailed 2023 survey results from Best Companies Group for internal use only.

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PPM America Repeats As One of the "Best Places to Work in Money Management"