NEWARK, N.J.--(BUSINESS WIRE)--PGIM Fixed Income today announced that Brian Juliano, managing director, will be named head of the U.S. bank loan portfolio management team upon the retirement of Joe Lemanowicz later this year. Juliano has co-headed the team with Lemanowicz since September 2017. Juliano will continue to report to Robert Cignarella, managing director and head of Global Leveraged Finance.
Juliano will also continue in his role as co-head of the firm’s U.S. CLO business together with Bent Hoyer, and will be a senior portfolio manager for CLO tranches. In his CLO-related capacity, he will continue to report to John Vibert, managing director and head of Structured Products.
Juliano joined the firm in 2000, and became a member of the bank loan team in 2003. Before joining the bank loan team he was a CDO analyst and a member of PGIM Fixed Income’s Financial Management group.
“I would like to take this opportunity to recognize Joe for a distinguished career and thank him for his many contributions to the success of PGIM Fixed Income,” said Head of Fixed Income Mike Lillard. “As part of our succession planning, we are also pleased that Brian will be leading the team as we build on our vision to be widely regarded as a premier, active global fixed income manager.”
About PGIM Fixed Income
PGIM Fixed Income, with $709 billion in assets under management as of December 31, 2017, is a global asset manager offering active solutions across all fixed income markets. The company has offices in Newark, N.J., London, Tokyo and Singapore. For more information, visit pgimfixedincome.com.
About PGIM and Prudential Financial, Inc.
With 15 consecutive years of positive third-party institutional net flows, PGIM, the global asset management businesses of Prudential Financial, Inc. (NYSE: PRU), ranks among the top 10 largest asset managers in the world with more than $1 trillion in assets under management as of Dec. 31, 2017. PGIM’s businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including fundamental equity, quantitative equity, public fixed income, private fixed income, real estate and commercial mortgages. Its businesses have offices in 16 countries across five continents. For more information, please visit pgim.com.
Prudential’s additional businesses offer a variety of products and services, including life insurance, annuities and retirement-related services. For more information about PGIM, please visit pgim.com. For more information about Prudential, please visit news.prudential.com.