AP NEWS

PPM America Becomes Signatory to United Nations-Supported Principles for Responsible Investment

October 10, 2018

CHICAGO--(BUSINESS WIRE)--Oct 10, 2018--PPM America, Inc. (“PPM”) today announced that it has become a signatory to the United Nations-supported Principles for Responsible Investment (“PRI”). PPM joins a growing network containing more than 2,000 signatories from over 50 countries.

The PRI is the world’s leading initiative on responsible investment, bringing together a global network of institutional investors committed to integrating environmental, social and governance (“ESG”) factors into their investment practices, analysis and decision-making processes.

“Becoming a PRI signatory furthers our commitment to responsible investing on behalf of our clients. Our investment professionals consider ESG factors as part of our standard investment approach for potential investment opportunities,” said Mark Mandich, President and Chief Executive Officer of PPM.

Responsible investing is an increasingly important part of the broader investment mix across asset classes and geographies. PPM believes that it is our obligation to consider all factors that may have an impact on the firm’s ability to deliver investment results. We consider ESG factors in our investment approach alongside deep fundamental analysis. For more information on PPM’s ESG framework, please visit: https://www.ppmamerica.com/assets/media/pdfs/PPM_Spotlight_ESG.pdf.

“We are delighted to welcome PPM America to the PRI and commend their commitment to developing an ESG framework across their investment offerings,” said Fiona Reynolds, Chief Executive Officer of PRI.

About PPM America

Founded in 1990, PPM America (“PPM”) is a client-focused investment manager with more than $111.61 billion in assets as of June 30, 2018, including $8.06 billion managed by PPM Finance Inc., an affiliate that manages commercial mortgage loans and certain real estate investments. As part of one of the world’s leading financial organizations, PPM has the expertise, global reach and substantial resources to provide our clients with investment solutions across markets, including public fixed income, public equity, private equity, and private debt. However, like a smaller shop, PPM remains nimble, investment-led and responsive to the opportunities that teams discover together. PPM’s mission is to deliver specific client solutions and service to investors around the world with the goal of meeting investors’ unique investment objectives. In addition, PPM employees are committed to building their community and supporting local nonprofits that strengthen families and increase economic opportunities. For more information about PPM, please visit PPM America’s website at: www.ppmamerica.com.

PPM is an indirect subsidiary of Prudential plc (“UK Parent”), a company incorporated in England and Wales. The UK Parent and its affiliated companies constitute one of the world’s leading financial services groups providing insurance and financial services through its subsidiaries and affiliates throughout the world. It has been in existence for more than 165 years and has $876.68 billion in assets under management (as of June 30, 2018). The UK Parent is not affiliated in any manner with Prudential Financial, Inc., a company whose principal place of business is in the United States of America.

About the PRI

The UN-supported Principles for Responsible Investment (PRI) is the world’s leading initiative on responsible investment. The six Principles for Responsible Investment are a voluntary and aspirational set of investment principles for incorporating environmental, social and governance issues into investment practices. In implementing the principles, signatories contribute to developing a more sustainable global financial system. The principles have signatories including asset owners, investment managers and service providers from over 50 countries. Visit www.unpri.org and follow @PRI_News.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181010005157/en/

CONTACT: PPM America, Inc.

Julie Bruzek, Managing Director

Marketing & Communications

P: 312-843-5969

E: media@ppmamerica.com

www.ppmamerica.com

KEYWORD: UNITED STATES NORTH AMERICA ILLINOIS

INDUSTRY KEYWORD: PROFESSIONAL SERVICES REIT BANKING CONSULTING FINANCE CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE RESIDENTIAL BUILDING & REAL ESTATE

SOURCE: PPM America, Inc.

Copyright Business Wire 2018.

PUB: 10/10/2018 09:00 AM/DISC: 10/10/2018 09:01 AM

http://www.businesswire.com/news/home/20181010005157/en

AP RADIO
Update hourly