PGIM

Marking three years of the PGIM AAA CLO ETF. PAAA has established itself as a standout in the AAA CLO ETF space, earning the distinction of being the only gold-rated CLO ETF in the category while also offering investors a low expense ratio among AAA CLO ETFs. Three years in. Still setting the standard. https://on.pru/4h1T4Re

In a world where macro regimes can abruptly switch, point forecasting is becoming obsolete. Our scenario-based approach aims to turn regime change into a source of alpha rather than vulnerability. Read our latest post: https://on.pru/4x8F0Kt

Today, PGIM announced it has agreed to acquire the remaining interest in Deerpath Capital. The acquisition is expected to strengthen PGIM's comprehensive direct lending platform by combining Deerpath Capital's lower middle market expertise with PGIM's existing core middle market and large cap capabilities. Full ownership is expected to enhance sponsor coverage and coordination while supporting more tailored direct lending solutions across borrower size segments and cohesive investor distribution and client service. We're excited for the next chapter with the Deerpath Capital team and look forward to serving sponsors, borrowers and investors across the direct lending spectrum together. Learn more: https://on.pru/4wsEA1F

Our new Conviction in Action series explores how PGIM’s high-conviction themes shape our real estate investments. In this first edition, we examine the forces reshaping the global living sector and how local expertise and disciplined execution create investment opportunities. Read our roundtable discussion and watch investment spotlights on housing solutions across global markets. https://on.pru/3RvJUBX

Chokepoints like the Strait of Hormuz raise geopolitical risks for the global energy sector. As the digital infrastructure buildout races ahead, how will power grids meet rising demand? In the latest episode of The Outthinking Investor podcast, Daleep Singh gets an inside look at commercial-grade fusion power with Commonwealth Fusion Systems CEO Bob Mumgaard. Access the full episode here: https://on.pru/4pyGkU8

🎉 Celebrating over 15 years of offering European real estate debt to our investors. What began in 2010 with a focus on the UK and Germany has grown into one of Europe's most recognized debt platforms, with more than $7 billion deployed across 120 investments and a track record built through multiple market cycles. This milestone reflects the trust our clients place in us and our ongoing commitment to delivering long-term value. Explore our strategy: https://on.pru/4wlbDES  *All data are as of June 30, 2026.

Global securitised credit spans multiple regions, asset classes and underlying exposures, creating a diverse investment universe across the US, EU, UK and Australia. Explore key characteristics of the market, including regional dynamics, relative value considerations, portfolio applications and evolving regulatory frameworks. Read more: https://on.pru/4fkCauG

As interest rates stay elevated and capital remains selective, the multifamily market continues to evolve. New housing legislation questions arise, adding another factor for borrowers to weigh. Join PGIM on Thursday, July 23 for our Heard on the Hill and on the Street Multifamily Webcast. Register here: https://on.pru/4gxFzIJ

We were delighted to welcome the NYU Stern School of Business at NYU Abu Dhabi MBA Class to our New York office. Together with colleagues from across PGIM and Prudential Financial, students explored topics ranging from private credit and emerging markets to retirement investing and career development, while connecting with professionals from across our businesses. Thank you to everyone who contributed to a successful and engaging day. We look forward to continuing our relationship with NYU Abu Dhabi.