PGIM, Partners Group Join Forces in Private Markets Push

PGIM announced a tie-up with Partners Group to offer alternative investments to individual and institutional clients, the latest in a series of alliances between private equity firms and large asset managers.

The firms said they would offer portfolios with a mix of public and private assets. PGIM, the investment-management arm of Prudential Financial Inc., has a $1 trillion credit platform and is one of the world’s largest real estate investment managers, while Partners Group offers bespoke private-market investments.

“The collaboration was established in response to growing client interest in alternative investments and rising demand for comprehensive investment strategies,” the ...