PGIM receives AIFM approval in the Netherlands

PGIM has expanded its European footprint following the recent approval by the Dutch Authority for the Financial Markets for it to operate an Alternative Investment Fund Manager (AIFM) from its newly established office in the Netherlands.
Based in Amsterdam, it acts as the AIFM for its existing Irish alternative investment fund and provides investment management, marketing and distribution services in the European Union.
This newly authorised entity follows the announcement in July 2019 that PGIM Investments, the global manufacturer and fund distributor of PGIM, established operations in Switzerland. It further enhances PGIM's European footprint, which includes operations in the UK, Germany, France, Ireland and Luxembourg.
PGIM's Netherlands office serves as an additional European hub for its businesses, including PGIM Fixed Income, the $809bn global asset manager offering active solutions across all fixed income markets, which has hired Anna de Jong into the newly created role of client advisor for Benelux and the Nordics. De Jong, based in Amsterdam, reports to Sarah McMullen, head of EMEA Client Advisory Group, PGIM Fixed Income.
De Jong joins Marco Boogaard and Michael Kaal, PGIM Fixed Income Netherland's chief compliance officer and chief risk officer, respectively, in the Amsterdam office. Previously, she was the head of Benelux sales and solutions for Lombard Odier. Prior to this, she was an executive director in the Structured Solutions Group of Nomura, based in London, and held positions at Morgan Stanley and Merrill Lynch in their institutional equity divisions.