Firm Description
PineBridge Investments is the trade name given to the global asset management business of PineBridge
Investments, L.P., a Cayman Islands limited partnership (“PILP”), which is a majority-owned subsidiary of
Pacific Century Group (“PCG”), an Asia-based private investment group. In the United States (“U.S.”),
PineBridge Investments LLC (“PBI LLC” or the “Firm”) operates as a member company of PineBridge
Investments. Mr. Greg Ehret is PBI LLC’s Chief Executive Officer.
PineBridge Investment Partners LLC (“PIP LLC”) is an investment adviser affiliated with PBI LLC. PIP
LLC is registered as an investment adviser in reliance on PBI LLC’s Form ADV and conducts its
investment advisory activities in accordance with PBI LLC’s compliance policies and procedures. As
pertinent, PIP LLCis included in the term “PBI LLC” or the “Firm.”
Principal Owners
PBI LLC is a Delaware limited liability company that is a wholly owned subsidiary of PineBridge
Investments Holdings US LLC (“PineBridge Holdings”), also a Delaware limited liability company.
PineBridge Holdings is a wholly owned subsidiary of PILP. The general partner of PILP is Bridge Holdings
Company Limited (“Bridge Holdings”). Bridge Holdings is wholly owned by Pacific Century Investment
Holdings No. 1 Limited (“PCIH No. 1”). PCIH No. 1 is wholly owned by ChiltonLink Limited, which, in turn,
is wholly owned by Richard Li.
The sole member of PIP LLC is PILP.
Types of Advisory Services
PBI LLC is an investment adviser that provides investment management / advisory services to
predominantly sophisticated institutional and ultra-high net worth individual clients (collectively referred to
herein as “Investors”) through U.S. registered investment companies, separate accounts, funds-of-one,
and privately-offered commingled funds including collateralized loan obligations (“CLOs”) (collectively
referred to herein as “Funds”) across a wide range of asset types, including equity, multi-asset, fixed
income, direct lending, and alternative investments. Such services are expected to include the rendering
of investment advice, the execution of investment transactions as agent on behalf of such Investors, and
the settlement and reconciliation of all such trades with third-party custodians.
PBI LLC provides through its Funds:
(i) a wide range of equity investment management capabilities including exchange-listed
securities, securities traded over the counter, foreign issues, small-capitalization securities,
and warrants;
(ii) a multi-asset strategy that provides a forward-looking approach whose design aims to protect
portfolios during periods of stressed correlations;
(iii)
an array of fixed income investment management capabilities which hold a range of fixed
income securities including corporate debt securities, leveraged loans, high yield, and
investment grade debt. The Firm also invests, on behalf of its Investors, in government
securities and structured products, such as mortgage and other asset-backed securities; and
(iv) a variety of alternative investment management capabilities, which includes direct loans,
direct investments, secondary investments, and primary partnership investments. The Firm
has and maintains the capability to recommend investments in private funds for which it or
one of its affiliates serves as investment adviser and/or general partner.
Tailored Relationships
PBI LLC tailors advisory services to the needs of each Client and aims to deliver consistent, long-term
results through a robust global investment platform. The Firm strives to collaborate with its highly
sophisticated Investors and leverage the platform of investment capabilities to develop customized
solutions.
Investors often impose investment restrictions in certain securities or types of securities within their
Funds. The Firm’s portfolio managers are responsible for following the investment guidelines for each
Investor as defined in the applicable investment management agreement (“IMA”) or other governing
constitutional document/agreement. The PineBridge Compliance Department (“Compliance”) along
with senior management, has developed a supervisory structure to monitor and provide guidance to its
investment professionals.
Affiliates
PBI LLC operates its investment management business through multiple affiliates, some of which are
registered with non-U.S. regulatory authorities. The Firm is authorized to use the services of appropriate
personnel of one or more of its affiliates for investment advice, trading, and/or Investor servicing in their
local or regional markets, except to the extent that such activity is restricted by the Investor in or
pursuant to its IMA, governing documents, or is inconsistent with applicable law. Arrangements among
affiliates could take the form of a formal sub-advisory agreement or a participating affiliate agreement. This
is designed to make the Firm’s global capabilities seamlessly available to the Firm’s Investors.
PBI LLC provides services to certain affiliates for a fee, including PineBridge Galaxy LLC, an
affiliated U.S. registered investment adviser.
Investor Assets
As of December 31, 2023 (rounded to the nearest $1.00):
Discretionary: $67,458,776,498
Non-Discretionary: $6,437,789,608
Total: $73,896,566,106