Prudential Financial to acquire Montana Capital Partners.

Prudential Financial, a financial services provider, agreed to acquire Montana Capital Partners, a European-based private equity secondaries asset manager. Financial terms were not disclosed. "PGIM’s multi-manager model is based on the belief that highly specialized investment teams with expertise in an asset class allow us to remain focused on delivering investment outperformance on behalf of our clients. Montana Capital Partners’ deep expertise in private equity secondaries, coupled with its strategic and cultural alignment with PGIM, make it the right partner to further enhance our alternatives capabilities," David Hunt, PGIM President and CEO.