The PRUDENTIAL GROUP is a publicly held investment adviser that advises $2,050.96Bn in regulatory assets under management held in 7 SEC fund types across 13 investment strategies. PRUDENTIAL GROUP is a Public/Private Fund Assets decreased by 7.08% over the last 5-years.
The Group has been registered with the SEC for 57.33 years and is comprised of 18 filing and 0 relying advisers. They operate out of 40 office locations with their Headquarters at 655 BROAD ST., NEWARK, NEW JERSEY. The Group has been subject to regulatory enforcement actions. They are regulated by 39 US and Non-US bodies.
They have 4,398 employees comprised of 2,250 investment and 2,148 non-investment staff. The total number of Employees decreased by 23.76% over the last 5-years.
Their $2,050.96Bn in assets advised are owned by 684 private funds, 527 public funds and BDCs and 1,283 other accounts. Assets of Investment Companies (IC) clients own $852.58Bn or 41.57% of Total Assets and Insurance Companies own $441.64Bn or 21.53% of Total Assets.
The Group's top investment strategies include FI/Credit - Diverse, Multi Strat and Long/Short Equity, representing 38.74%, 29.82% and 13.42% of total assets, respectively.
They advise 13 types of clients, top clients are Investment Companies (IC) and Insurance Companies.
The Group uses 32 Fund Administrators, 4 Fund Auditors, 6 Prime Brokers, 56 Custodians and 21 Marketers. It does not report a third-party Fund Administrator in 137 private funds with $177.64Bn in assets.
The Group discloses advisory fees, fixed fees, management fees and performance-based fees.
PRUDENTIAL GROUP names 1 sub-adviser COGENERATION CAPITAL SECURITIES CORPORATION to 1 different fund advised by the group. The Group has been named as the sub-adviser to 4 funds.