PGIM CEO David Hunt said the private credit market is headed for a “shakeout” as investors set higher standards for which managers they choose. “Institutional investors are much pickier,” said Hunt, ...

Hunt, who is also president of the firm, believes a “gradual shakeout” of winners and losers in the industry is now underway. “The kind of rising tide of anybody in private credit was doing well I ...

As David Hunt prepares to hand over the reins of the $1.4 trillion asset manager to Jacques Chappuis, co-head of Morgan Stanley Investment Management, PGIM is doubling down on its expansion plans in ...

PGIM Chief Executive Officer David Hunt said the market for office real estate is heading for a shakeout, with about 60% of buildings in “purgatory” because they aren’t up to standards to draw tenants ...

Prudential Financial Inc. appointed the next president and CEO of PGIM, its $1.4 trillion global investment management business. Jacques Chappuis will succeed David Hunt, who will retire as president ...

NEWARK, N.J.--(BUSINESS WIRE)--PGIM, the $1.2 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU), has signed a definitive agreement to acquire a majority interest ...

Prudential PRU-0.45%decrease; down pointing triangle Financial has tabbed Morgan Stanley MS-0.80%decrease; down pointing triangle veteran Jacques Chappuis to succeed David Hunt at the helm of the ...

PGIM’s David Hunt sat down with Barrron’s at the 2023 Milken Conference. While nationalistic zealots around the world—from China to Russia to Turkey to, yes, the U.S.—are setting up trade barriers and ...