NEWARK, N.J.–(BUSINESS WIRE)–PGIM Fixed Income has hired Oliver Nisenson as head of asset-based finance (ABF), effective May 15, 2025. In this newly created role, he will lead the continued growth of the firm’s global private ABF platform within its $131 billion securitized products business. Nisenson will report to Gabriel Rivera and Edwin Wilches, co-heads of securitized products. With $837 billion in assets under management, PGIM Fixed Income is one of the largest fixed income managers globally.
PGIM Fixed Income has been an active investor in the private asset-based finance market for more than three decades. With nearly $30 billion in cumulative originations, the team has executed private asset-based transactions with partners across consumer credit, mortgage, fund finance and commercial finance, including SoFi, PennyMac and Affirm.
“PGIM has been a leading investor in both the public and private asset-based finance markets for more than 30 years. As such, we believe we have a unique value proposition to offer clients as the divide between public and private fades and client demand for asset-based financing and tailored investment solutions accelerates,” said John Vibert, president and CEO of PGIM Fixed Income.
Nisenson joins PGIM Fixed Income from Blackstone Credit and Insurance, where he was a senior managing director leading investments in asset-based finance. Previously, Nisenson was a managing director at Credit Suisse where he held a range of leadership roles including head of conduit and warehouse financing globally. Prior to Credit Suisse, he was a founding partner at 20 Gates Asset Management.
“Having one fully integrated team across public and private markets has resulted in diversified sourcing channels and a library of data and analytics that rival industry peers. This allows us to identify attractive investment opportunities across sectors and through varying market cycles for our clients,” added Wilches.
