DALLAS–(BUSINESS WIRE)–Prudential Capital Group has appointed Debra Hemsey as managing director
Capital Energy Partners (PCEP), the middle-market energy mezzanine
fund business sponsored by Prudential
Capital Group. The appointment comes on the heels of the recently
announced closing of Prudential Capital Energy Partners I, L.P., a $343
million energy mezzanine fund. Prudential Capital Group is a leading
source of private capital for public and private companies and is the
private capital arm of PGIM,
the $1 trillion global investment management business of Prudential
Financial, Inc. (NYSE:
As managing director, Hemsey will participate in the fund’s investment
origination efforts in the electric power industry, targeting new
investments ranging from $10 to $50 million of primarily mezzanine debt
and equity investments in the North America power industry as well as
management of portfolio holdings. Her appointment is effective
immediately, and she will report to Randall
Kob, managing principal of PCEP.
PCEP seeks to make investments in the conventional and renewable power
sectors with an emphasis on providing capital to project development
platforms, individual power projects, and asset portfolios.
Hemsey previously served as managing director at GE Energy Financial
Services – Power & Renewables Group where she originated principal
equity and mezzanine investments in the power, utilities, renewables,
and infrastructure sectors. Prior to GE, Hemsey worked at Credit Suisse
in the Investment Banking Division – Global Energy Group. She brings 30
years of experience to her new role at PCEP.
“Deb’s impressive investment experience and expertise in the power
sector will add significant value to our team as we continue to provide
innovative financing solutions to the middle market,” said Kob.
Dickson, managing director and head of Alternatives for Prudential
Capital Group, said, “The Power sector is an important vertical within
our alternatives business. Deb’s experience and skills match well with
the increase in investor demand for renewables and other project-related
About Prudential Capital Group
Capital Group has been a leading provider of private
placements, mezzanine debt and equity to companies for more than 75
years. Managing a portfolio of more than $83 billion as of December 31,
2018, Prudential Capital offers senior
financing, leveraged leases, project
tenant leases as well as asset
financing to companies, worldwide. The global regional office
network has locations in Atlanta, Chicago, Dallas, Frankfurt, London,
Los Angeles, Mexico City,1 Milan, Minneapolis, Newark, New
York, Paris, San Francisco and Sydney.2 For more information,
please visit prudentialcapitalgroup.com.
1 Operates through PGIM Real Estate Mexico S.C.
Operates through PGIM (Australia) Pty Ltd.
About PGIM and Prudential Financial, Inc.
With 16 consecutive years of positive third-party institutional net
the global asset management business 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,
2018. 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 15 countries across four
continents. For more information about PGIM, 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 Prudential, please visit news.prudential.com.
*Pensions & Investments’ Top Money Managers list, May 28, 2018; based on
Prudential Financial total worldwide institutional assets under
management as of Dec. 31, 2017. Assets under management (AUM) are based
on company estimates and are subject to change.
MEDIA: Claire Currie