PGIM Fixed Income has hired Oliver Nisenson as head of asset-based finance (ABF), effective 15 May, 2025.
In this newly created role, he will lead the continued growth of the firm’s global private ABF platform within its $131bn securitised products business. Nisenson will report to Gabriel Rivera and Edwin Wilches, co-heads of securitized products.
PGIM Fixed Income has been an active investor in the private asset-based finance market for more than three decades. With nearly $30bn in cumulative originations,the team has executed private asset-based transactions with partners across consumer credit, mortgage, fund finance and commercial finance, including SoFi, PennyMac and Affirm, according to statement by the firm.
Nisenson will be responsible for oversight and leadership of the firm’s global private ABF platform. He joins PGIM Fixed Income from Blackstone Credit and Insurance, where he was a senior managing director leading investments in asset-based finance.
Previously, Nisenson was a managing director at Credit Suisse where he held a range of leadership roles including head of conduit and warehouse financing globally. Prior to Credit Suisse, he was a founding partner at 20 Gates Asset Management.
PGIM Fixed Income, with $837bn in assets under management as of 31 December, 2024, is a global asset manager offering active solutions across all fixed income markets. The company has offices in Newark,N.J., London, Amsterdam, Zurich, Munich, Paris, Singapore, Sydney, Hong Kong, and Tokyo.
