Prudential has a long-standing commitment of allocating financial and human resources to address society’s most pressing needs. Prudential’s Diversity, Inclusion and Impact team leads the company's efforts for making positive social change core to Prudential’s business. Part of this approach includes an investment group – Prudential Impact and Responsible Investing - that has over the last 44 years invested over $2.5 billion and currently manages a portfolio of approximately $1 billion in asset value. IRI makes investments in a wide range of private asset classes. Approximately half the portfolio is in real assets, with the other half invested in social purpose enterprises and financial intermediaries. The portfolio is also split between debt and equity investments and approximately 75% of the portfolio is invested in the United States.
Reporting to the Head of Real Assets for IRI, this Manager position will be responsible for evaluating, executing, and managing impact investments in real assets, including affordable housing, transformative development, sustainable infrastructure, and other select asset classes and investment themes. The role will generally require cultivating a pipeline of investment opportunities, assessing their qualitative and quantitative merits, and working with legal, accounting, and other professionals to close several transactions with a cumulative value of approximately $50 million each year. This investment function also includes associated responsibilities for reporting on these investments, monitoring their progress, and managing any workouts, modifications, and/or exits. Finally, the Manager may be asked to engage with other Prudential business areas in a consultative fashion to drive more impact investing activities into more traditional investment areas as well as represent Prudential across the impact investing industry more broadly.
Transaction evaluation and underwriting
Deal structuring, closing, and execution
Portfolio strategy and planning
Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.
We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.
Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status, or any other characteristic protected by law.
Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at firstname.lastname@example.org for more information about doing business with Prudential.