2016 Year in Review
Driven by the ability to offer innovative financial solutions that meet the needs of middle-market borrowers worldwide, Prudential Capital Group enjoyed another outstanding year in 2016.
Prudential Capital provided $12.6 billion dollars to companies and projects in 20 countries, the largest volume of financing in Prudential Capital’s 75-year history. We increased our total assets under management to nearly $77 billion, and by year-end, we delivered funding to more than 190 companies, including more than 90 who began working with us for the first time. Ultimately, nearly 1,000 companies around the globe rely on us, not only for our capital, but also for our relationship-oriented approach and industry expertise.
- In response to increased demand, we added an investment team on the ground in Sydney, Australia
- Prudential Capital Partners, our middle-market mezzanine fund business, closed its fifth mezzanine fund. The Fund hit its hard cap of $1.825 billion with investors from the U.S., Europe and Asia.
As we transition into 2017, we are excited about the opportunities on the horizon for us and for our clients. We continue to grow our financial platform with our international, infrastructure and energy finance businesses, and expand our sources of capital by raising money from other institutional investors, keen to invest alongside us. This year we have more than $12 billion available for new investments in an array of private capital products. Our momentum is strong and we look forward to upholding our tradition of providing creative financial solutions to our clients.