{"id":984800,"date":"2026-07-27T06:18:05","date_gmt":"2026-07-27T10:18:05","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/pgim-to-acquire-remaining-interest-in-deerpath-capital\/"},"modified":"2026-07-27T06:18:05","modified_gmt":"2026-07-27T10:18:05","slug":"pgim-to-acquire-remaining-interest-in-deerpath-capital","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/pgim-to-acquire-remaining-interest-in-deerpath-capital\/","title":{"rendered":"PGIM to Acquire Remaining Interest in Deerpath Capital"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>PGIM to Acquire Remaining Interest in Deerpath Capital<\/b><\/p>\n<p><b>Full ownership will create a more comprehensive direct lending platform across the middle market and large cap segments<\/b><\/p>\n<p>NEWARK, N.J.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nPGIM has agreed to acquire the remaining 25% interest in Deerpath Capital; bringing the firm\u2019s ownership to 100%. This transaction follows PGIM\u2019s initial acquisition of a 75% stake announced in May 2023 and is subject to regulatory approval.<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20260727723428\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260727723428\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260727723428\/en\/2859833\/4\/Harvey_Matt.jpg\" alt=\"\u201cWe continue to believe the traditional middle market remains an attractive and important segment for borrowers and investors.\u201d --Matt Harvey, Global Head of Middle Market Direct Lending, PGIM\" \/><\/p>\n<p style=\"font-size:85%\">\u201cWe continue to believe the traditional middle market remains an attractive and important segment for borrowers and investors.\u201d &#8211;Matt Harvey, Global Head of Middle Market Direct Lending, PGIM<\/p>\n<\/div>\n<p>\nThe acquisition will strengthen PGIM\u2019s direct lending platform by adding Deerpath Capital\u2019s lower middle market expertise to PGIM\u2019s existing core middle market and large cap capabilities. With the addition of Deerpath\u2019s lower middle market platform, PGIM will be positioned among a select group of asset managers with capabilities across the direct lending spectrum, with a combined $16B in AUM across a team of 55 investment professionals.*<\/p>\n<p>\n\u201cAs direct lenders have scaled, many have moved into the large cap segment. We continue to believe the traditional middle market remains an attractive and important segment for borrowers and investors,\u201d said Matt Harvey, PGIM\u2019s global head of middle market direct lending. \u201cBy moving to full ownership of Deerpath Capital, we are creating a more coordinated and scaled direct lending platform while preserving the investment discipline that has underpinned Deerpath Capital\u2019s success. That combination better positions us to serve sponsors, borrowers and investors across the direct lending spectrum.\u201d<\/p>\n<p>\nThe comprehensive platform will allow for continued support of private equity sponsored and non-sponsored businesses as they grow and transition across the middle market and large cap market over time. More broadly, full ownership is expected to strengthen sponsor coverage and coordination while supporting more tailored direct lending solutions across borrower size segments and cohesive investor distribution and client service.<\/p>\n<p>\nDeerpath Capital CEO James Kirby commented: \u201cAs one of the world&#8217;s leading asset managers, PGIM is an ideal home for Deerpath, combining deep capital resources, asset management expertise and global relationships. Tas and I have developed an excellent working relationship with our colleagues at PGIM, and we look forward to the next chapter as part of the comprehensive PGIM Credit platform.\u201d<\/p>\n<p>\nJames Kirby and Tas Hasan will continue to lead the Deerpath investment process and investment committee governance for Deerpath funds while assuming leadership roles in PGIM Credit.<\/p>\n<p>\nJames Kirby will contribute investment strategy thought leadership across middle market direct lending. Matt Harvey and Tas Hasan will lead the middle market direct lending platform together. The transaction will not alter Deerpath\u2019s existing investment team capabilities, investment process or approach to underwriting.<\/p>\n<p><b>ABOUT PGIM<\/b><\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.pgim.com%2F&amp;esheet=54576695&amp;newsitemid=20260727723428&amp;lan=en-US&amp;anchor=PGIM&amp;index=1&amp;md5=c9890d95395357109655e662b3dca183\">PGIM<\/a> is the global asset management business of Prudential Financial, Inc. (<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fcorporate.prudential.com%2Fview%2Fpage%2Fcorp%2F31826&amp;esheet=54576695&amp;newsitemid=20260727723428&amp;lan=en-US&amp;anchor=NYSE%3A+PRU&amp;index=2&amp;md5=72f8f2c7d635a8b23bcce62bb367a937\">NYSE: PRU<\/a>), with $1.4 trillion in assets under management.* PGIM offers clients deep expertise across public and private asset classes, delivering a diverse range of investment strategies and tailored solutions\u2014including fixed income, equities, real estate and alternatives. With 1,500+ investment professionals across 40 offices in 20 countries, we serve retail and institutional clients worldwide. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.pgim.com%2F&amp;esheet=54576695&amp;newsitemid=20260727723428&amp;lan=en-US&amp;anchor=pgim.com&amp;index=3&amp;md5=8f117679a1503cc27d1f2242066839c8\">pgim.com<\/a>.<\/p>\n<p>\nPrudential Financial, Inc. (PFI) of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&amp;G plc, incorporated in the United Kingdom. For more information please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fnews.prudential.com&amp;esheet=54576695&amp;newsitemid=20260727723428&amp;lan=en-US&amp;anchor=news.prudential.com&amp;index=4&amp;md5=f22794f7fa36434a39dbb0be26216526\">news.prudential.com<\/a>.<\/p>\n<p><b>ABOUT DEERPATH CAPITAL MANAGEMENT, L.P<\/b><\/p>\n<p>\nDeerpath Capital is an established private credit manager providing customized, cash-flow-based senior debt financing to sponsor-backed U.S. lower middle market companies. With a singular focus on this segment for nearly two decades, the firm has invested over $15 billion across more than 1,200 transactions and manages more than $9 billion in AUM as of March 31, 2026. Deerpath operates through regional origination and underwriting teams in the U.S. which are supported by global investor coverage across major U.S. markets, the U.K., Europe, Australia, Japan, Korea, and the Middle East. The firm\u2019s focused strategy, deep lower middle market expertise, long-standing sponsor relationships, disciplined credit philosophy, and comprehensive direct lending platform define the Deerpath Difference. For more information, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.deerpathcapital.com&amp;esheet=54576695&amp;newsitemid=20260727723428&amp;lan=en-US&amp;anchor=www.deerpathcapital.com&amp;index=5&amp;md5=a5a5997540db7e0211fb30b671f2fbfe\">www.deerpathcapital.com<\/a>.<\/p>\n<p>\n* As of Mar. 31, 2026.<\/p>\n<p>\nThe information contained herein is provided by PGIM, the principal asset management business of Prudential Financial, Inc. (PFI), and a trading name of PGIM, Inc. and its global subsidiaries and affiliates.<\/p>\n<p>\nPlease visit the <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.pgim.com%2Fus%2Fen%2Finstitutional%2Flegal-disclosures%2Fglobal-important-disclosures&amp;esheet=54576695&amp;newsitemid=20260727723428&amp;lan=en-US&amp;anchor=Important+Disclosures&amp;index=6&amp;md5=9789c7cff5800450a905870df395f75b\">Important Disclosures<\/a> page on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.PGIM.com&amp;esheet=54576695&amp;newsitemid=20260727723428&amp;lan=en-US&amp;anchor=PGIM.com&amp;index=7&amp;md5=8bfcc4bdb6d023eb5e9b585ef2b81ab1\">PGIM.com<\/a> for additional information.<\/p>\n<p>\nThis information is for informational purposes only and does not constitute investment advice, a recommendation, or a solicitation where prohibited. Certain information has been obtained from sources that PGIM believes to be reliable as of the date presented; however, PGIM does not guarantee its accuracy or completeness. Information may be changed without notice, and PGIM has no obligation to update it.<\/p>\n<p>\nPGIM and its affiliates may develop and publish research that is independent of and different from the information contained herein.<\/p>\n<p>\n\u00a9 2026 Prudential Financial, Inc. (PFI) and its related entities. All rights reserved.<\/p>\n<p><b>CONNECT WITH US:<br \/>\n<br \/><\/b>Visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fpgim.com&amp;esheet=54576695&amp;newsitemid=20260727723428&amp;lan=en-US&amp;anchor=pgim.com&amp;index=8&amp;md5=3b28854674f8729b34e84d41aa5919b3\">pgim.com<br \/>\n<\/a><br \/>Follow on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fpgim%2F&amp;esheet=54576695&amp;newsitemid=20260727723428&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=9&amp;md5=260962c8ed1fe51472402f5cbe6a5b3d\">LinkedIn<\/a><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260727723428r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260727723428\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260727723428\/en\/<\/a><\/span><\/p>\n<p><b>MEDIA CONTACT<br \/>\n<\/b><br \/>Guy Nicholls<br \/>\n<br \/>+1 973 204 1648<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:guy.nicholls@pgim.com\">guy.nicholls@pgim.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> New Jersey United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Asset Management Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260727723428\/en\/2859833\/3\/Harvey_Matt.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">\u201cWe continue to believe the traditional middle market remains an attractive and important segment for borrowers and investors.\u201d &#8211;Matt Harvey, Global Head of Middle Market Direct Lending, PGIM<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260727723428\/en\/2859834\/3\/James-Kirby.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">\u201cPGIM is an ideal home for Deerpath, combining deep capital resources, asset management expertise and global relationships.\u201d &#8211;James Kirby, CEO, Deerpath Capital<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260727723428\/en\/2770074\/3\/PGIM_Logo_2025_RGB_Navy.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>PGIM to Acquire Remaining Interest in Deerpath Capital Full ownership will create a more comprehensive direct lending platform across the middle market and large cap segments NEWARK, N.J.&#8211;(BUSINESS WIRE)&#8211; PGIM has agreed to acquire the remaining 25% interest in Deerpath Capital; bringing the firm\u2019s ownership to 100%. This transaction follows PGIM\u2019s initial acquisition of a 75% stake announced in May 2023 and is subject to regulatory approval. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260727723428\/en\/ \u201cWe continue to believe the traditional middle market remains an attractive and important segment for borrowers and investors.\u201d &#8211;Matt Harvey, Global Head of Middle Market Direct Lending, PGIM The acquisition will strengthen PGIM\u2019s direct lending platform by adding Deerpath Capital\u2019s lower middle &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/pgim-to-acquire-remaining-interest-in-deerpath-capital\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;PGIM to Acquire Remaining Interest in Deerpath Capital&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-984800","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PGIM to Acquire Remaining Interest in Deerpath Capital - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/pgim-to-acquire-remaining-interest-in-deerpath-capital\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PGIM to Acquire Remaining Interest in Deerpath Capital - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PGIM to Acquire Remaining Interest in Deerpath Capital Full ownership will create a more comprehensive direct lending platform across the middle market and large cap segments NEWARK, N.J.&#8211;(BUSINESS WIRE)&#8211; PGIM has agreed to acquire the remaining 25% interest in Deerpath Capital; bringing the firm\u2019s ownership to 100%. This transaction follows PGIM\u2019s initial acquisition of a 75% stake announced in May 2023 and is subject to regulatory approval. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260727723428\/en\/ \u201cWe continue to believe the traditional middle market remains an attractive and important segment for borrowers and investors.\u201d &#8211;Matt Harvey, Global Head of Middle Market Direct Lending, PGIM The acquisition will strengthen PGIM\u2019s direct lending platform by adding Deerpath Capital\u2019s lower middle &hellip; Continue reading &quot;PGIM to Acquire Remaining Interest in Deerpath Capital&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/pgim-to-acquire-remaining-interest-in-deerpath-capital\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-07-27T10:18:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20260727723428\/en\/2859833\/4\/Harvey_Matt.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pgim-to-acquire-remaining-interest-in-deerpath-capital\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pgim-to-acquire-remaining-interest-in-deerpath-capital\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"PGIM to Acquire Remaining Interest in Deerpath Capital\",\"datePublished\":\"2026-07-27T10:18:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pgim-to-acquire-remaining-interest-in-deerpath-capital\\\/\"},\"wordCount\":954,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pgim-to-acquire-remaining-interest-in-deerpath-capital\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20260727723428\\\/en\\\/2859833\\\/4\\\/Harvey_Matt.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pgim-to-acquire-remaining-interest-in-deerpath-capital\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pgim-to-acquire-remaining-interest-in-deerpath-capital\\\/\",\"name\":\"PGIM to Acquire Remaining Interest in Deerpath Capital - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pgim-to-acquire-remaining-interest-in-deerpath-capital\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pgim-to-acquire-remaining-interest-in-deerpath-capital\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20260727723428\\\/en\\\/2859833\\\/4\\\/Harvey_Matt.jpg\",\"datePublished\":\"2026-07-27T10:18:05+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pgim-to-acquire-remaining-interest-in-deerpath-capital\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pgim-to-acquire-remaining-interest-in-deerpath-capital\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pgim-to-acquire-remaining-interest-in-deerpath-capital\\\/#primaryimage\",\"url\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20260727723428\\\/en\\\/2859833\\\/4\\\/Harvey_Matt.jpg\",\"contentUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20260727723428\\\/en\\\/2859833\\\/4\\\/Harvey_Matt.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/pgim-to-acquire-remaining-interest-in-deerpath-capital\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"PGIM to Acquire Remaining Interest in Deerpath Capital\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"PGIM to Acquire Remaining Interest in Deerpath Capital - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/pgim-to-acquire-remaining-interest-in-deerpath-capital\/","og_locale":"en_US","og_type":"article","og_title":"PGIM to Acquire Remaining Interest in Deerpath Capital - Market Newsdesk","og_description":"PGIM to Acquire Remaining Interest in Deerpath Capital Full ownership will create a more comprehensive direct lending platform across the middle market and large cap segments NEWARK, N.J.&#8211;(BUSINESS WIRE)&#8211; PGIM has agreed to acquire the remaining 25% interest in Deerpath Capital; bringing the firm\u2019s ownership to 100%. This transaction follows PGIM\u2019s initial acquisition of a 75% stake announced in May 2023 and is subject to regulatory approval. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20260727723428\/en\/ \u201cWe continue to believe the traditional middle market remains an attractive and important segment for borrowers and investors.\u201d &#8211;Matt Harvey, Global Head of Middle Market Direct Lending, PGIM The acquisition will strengthen PGIM\u2019s direct lending platform by adding Deerpath Capital\u2019s lower middle &hellip; Continue reading \"PGIM to Acquire Remaining Interest in Deerpath Capital\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/pgim-to-acquire-remaining-interest-in-deerpath-capital\/","og_site_name":"Market Newsdesk","article_published_time":"2026-07-27T10:18:05+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20260727723428\/en\/2859833\/4\/Harvey_Matt.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pgim-to-acquire-remaining-interest-in-deerpath-capital\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pgim-to-acquire-remaining-interest-in-deerpath-capital\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"PGIM to Acquire Remaining Interest in Deerpath Capital","datePublished":"2026-07-27T10:18:05+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pgim-to-acquire-remaining-interest-in-deerpath-capital\/"},"wordCount":954,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pgim-to-acquire-remaining-interest-in-deerpath-capital\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20260727723428\/en\/2859833\/4\/Harvey_Matt.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pgim-to-acquire-remaining-interest-in-deerpath-capital\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/pgim-to-acquire-remaining-interest-in-deerpath-capital\/","name":"PGIM to Acquire Remaining Interest in Deerpath Capital - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pgim-to-acquire-remaining-interest-in-deerpath-capital\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pgim-to-acquire-remaining-interest-in-deerpath-capital\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20260727723428\/en\/2859833\/4\/Harvey_Matt.jpg","datePublished":"2026-07-27T10:18:05+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pgim-to-acquire-remaining-interest-in-deerpath-capital\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/pgim-to-acquire-remaining-interest-in-deerpath-capital\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pgim-to-acquire-remaining-interest-in-deerpath-capital\/#primaryimage","url":"https:\/\/mms.businesswire.com\/media\/20260727723428\/en\/2859833\/4\/Harvey_Matt.jpg","contentUrl":"https:\/\/mms.businesswire.com\/media\/20260727723428\/en\/2859833\/4\/Harvey_Matt.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/pgim-to-acquire-remaining-interest-in-deerpath-capital\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"PGIM to Acquire Remaining Interest in Deerpath Capital"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/984800","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=984800"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/984800\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=984800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=984800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=984800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}