PGIM Announces $619M Final Close of Middle Market Energy Credit Fund

DALLAS--(BUSINESS WIRE)--PGIM has announced the final close of PGIM Energy Partners II, L.P. (“PEP II”), the second commingled private credit fund available to unaffiliated investors in its middle market energy series. PEP II closed with $619 million in available capital from a combination of legacy and new investors. The fund attracted a diverse group of institutional investors, including insurance companies, pension funds and family offices. PEP II provides financing to middle market upstream