PGIM to acquire remaining 25% stake in Deerpath Capital
- PGIM has agreed to acquire the remaining 25% interest in Deerpath Capital, bringing its ownership to 100%, according to a press release statement issued today. The transaction follows PGIM’s initial acquisition of a 75% stake in May 2023 and is subject to regulatory approval.
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- PGIM has agreed to acquire the remaining 25% interest in Deerpath Capital, bringing its ownership to 100%, according to a press release statement issued today. The transaction follows PGIM’s initial acquisition of a 75% stake in May 2023 and is subject to regulatory approval. The acquisition will combine Deerpath Capital’s lower middle market expertise with PGIM’s existing core middle market and large cap capabilities. The combined platform will have $16 billion in assets under management across a team of 55 investment professionals as of March 31, 2026.
Read the full report at Investing.com · Company News ↗
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- - PGIM has agreed to acquire the remaining 25% interest in Deerpath Capital, bringing its ownership to 100%, according to a press release statement issued today. The transaction follows PGIM’s initial acquisition of a 75% stake in May 2023 and is subject to regulatory approval.
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- 1 outlet, average source rating 5.0/10.
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PGIM to acquire remaining 25% stake in Deerpath Capital
Sources1TypeCoverageInvesting.com · Company News