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December 13, 2012
10:03 EDTPRUPrudential Capital allocated $323M to invest in U.K. middle market companies
Prudential Capital Group announced that Her Majesty’s Treasury, the United Kingdom’s economics and finance ministry, allocated about $323M to the firm as part of a partnership to make more capital available to mid-sized U.K. businesses. Prudential Capital Group is an investment manager focused on providing capital for middle-market, public and private companies, and an investment business of Prudential Financial. The GBP200M was allocated to the Pricoa Sterling Fund, which, consistent with the objectives of the public/private partnership, will invest in debt securities of U.K. companies with less than GBP500M.
News For PRU From The Last 14 Days
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September 30, 2014
17:02 EDTPRUBristol-Myers to transfer $1.4B in U.S. pension obligations to Prudential
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15:06 EDTPRUFed will begin study to evaluate impact of capital rules on insurance companies
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September 25, 2014
09:03 EDTPRUMotorola Solutions to cut pension plan liability by $4.2B
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September 22, 2014
07:34 EDTPRUThe Atlantic Council hosts a discussion
Prudential Managing Director Bonesteel, Rock Creek Global Advisors Vice President Lowery and International Monetary Fund Director discuss the growing importance of global public investors in international capital markets in a discussion being held in Washington, D.C. on September 22 at 4 pm.

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