PGIM Quantitative Solutions LLC

RIASEC RegisteredEst. 2004

Total AUM

$111B

Discretionary

$108B

97% of AUM

Avg account

$474M

Accounts

234

Employees

147

Advisory reps

Firm details

Headquarters: NEWARK, New Jersey
CRD number: 129752
Registered since: January 23, 2004
Website: www.qma.com
Custodians: STATE STREET BANK AND TRUST COMPANY, J.P. MORGAN SECURITIES INC., THE BANK OF NEW YORK MELLON, THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION
Fee structure: Percentage of AUM, Fixed Fees, Performance Based Fees
Client types: Investment Companies78.83%
Insurance Companies7.57%
State / Municipal Government3.79%
Pooled Investment Vehicles3.7%
Other2.96%
Services: Portfolio Management for Investment CompaniesPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional Clients

Firm profile

FINTRX

Overview

PGIM Quantitative Solutions LLC is a quantitative asset manager that serves primarily institutional clients. The firm is structured as a limited liability company and has been SEC-registered since 2004. Its business footprint combines systematic portfolio management with commodity pool/CTA activities, and it provides portfolio management for investment companies, pooled investment vehicles and institutional entities. Fee arrangements include percentage-of-AUM, fixed fees and performance-based fees. The firm’s stated client base is institutional rather than retail, and it does not identify as an active ESG investor. PGIM Quantitative Solutions functions as an operating manager rather than a capital allocator, and it maintains relationships across the industry that include broker-dealers, trust companies, insurance companies and sponsors of pooled vehicles. The manager also advises a small number of private funds classified as “Other” and acts as sponsor or manager for pooled investment structures.