Oliver Nisenson was named head of asset-based finance at PGIM Fixed Income, effective May 15, 2025.
It is a new position. He will lead the continued growth of the firm’s global private ABF platform within its $131 billion securitized products business, said a news release April 1.
Nisenson will report to Gabriel Rivera and Edwin Wilches, managing directors and co-heads of securitized products.
PGIM Fixed Income, a unit of PGIM, has $837 billion in assets under management.
PGIM Fixed Income has been an active investor in the private asset-based finance market for more than three decades. With nearly $30 billion in cumulative originations, the team has executed private asset-based transactions with partners across consumer credit, mortgage, fund finance and commercial finance, the news release said.
Nisenson most recently was a senior managing director leading investments in asset-based finance at Blackstone Credit and Insurance. Blackstone will not replace Nisenson, said a source familiar with the matter.
PGIM, the global asset management business of Prudential Financial, has $1.38 trillion in total assets under management.
