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PGIM to claim full ownership of Deerpath Capital

Source: ROI-NJ · Jul 27, 2026, 9:22 AM

AI-assisted briefing from the publisher’s public headline and excerpt — not original reporting. How we write briefings

PGIM to claim full ownership of Deerpath Capital news image

PGIM announced it has agreed to acquire the remaining 25% interest in Deerpath Capital, consolidating full ownership of the firm.

The transaction follows PGIM's initial 75% stake acquisition announced in May 2023 and is pending regulatory approval. The move is designed to strengthen PGIM's direct lending platform capabilities.

Key points

  • PGIM is acquiring the final 25% stake in Deerpath Capital to achieve 100% ownership
  • The deal follows PGIM's May 2023 acquisition of a 75% majority stake in the firm
  • The acquisition requires regulatory approval before completion
  • The transaction aims to enhance PGIM's direct lending platform and capabilities

FAQ

What is PGIM acquiring?
PGIM is acquiring the remaining 25% ownership interest in Deerpath Capital to bring its total stake to 100%, after previously acquiring 75% in May 2023.
Why is PGIM making this acquisition?
The acquisition is designed to strengthen PGIM's direct lending platform by consolidating full ownership of Deerpath Capital and its capabilities.
What must happen before the deal closes?
The transaction is subject to regulatory approval, which must be obtained before the acquisition can be completed.

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