PGIM Acquires Majority Interest in Deerpath Capital

PGIM, the $1.2 trillion global investment management business of Prudential Financial, signed a definitive agreement to acquire a majority interest in Deerpath Capital Management and its associated affiliates.

May 3, 2023 BofA Securities | David Hunt | Debevoise & Plimpton | Deerpath Capital | Matt Douglass | PGIM | PGIM Private Capital | Prudential Financial | Purrington Moody Weil | Sera Global Ian Koplin

Z Capital Group Expands Credit Team with Carlino, Shrem

Egidio Carlino and Jordan Shrem joined Z Capital Group, a privately held global investment firm, as a director and a senior associate, respectively. Both will be members of Z Capital Credit Partners’ investment team.

October 13, 2020 Credit Capital | CVC Credit Partners | DFG Investment Advisers | Egidio Carlino and Jordan Shrem | James J. Zenni | Prudential Financial | ZCG Ellie Delany

OSG Closes $325MM Term Loan with Prudential, Amends Wells Fargo Revolver

Overseas Shipholding Group closed a five-year $325 million term loan with a Prudential Financial subsidiary and amended its $75 million secured asset-based revolver with Wells Fargo to reduce the maximum available credit line.

December 27, 2018 OSG | Overseas Shipholding Group | Prudential Financial | Prudential Insurance Company of America | wells fargo Amanda Koprowski

Prudential Capital Raises $1.8B For Fifth Mezzanine Fund

Prudential Capital Partners completed fundraising for its fifth mezzanine fund, Prudential Capital Partners V, surpassing its target of $1.4 billion.

January 13, 2017 Jeffrey Dickson | Prudential Capital Mezzanine | Prudential Capital Partners | Prudential Capital Partners V | Prudential Financial ABF Journal

GE Capital Tagged as ‘Systemically Important’

Reuters reported that in a long-anticipated move aimed at cracking down on market risks, U.S. regulators have proposed designating AIG, Prudential Financial and GE Capital for heightened regulatory oversight.

June 4, 2013 American International Group | GE Capital | Prudential Financial | regulatory oversight ABFJ News