CHICAGO--(BUSINESS WIRE)--For the third time in a row and the fifth time in our history, PPM America, Inc. (PPM) has been recognized as one of the Best Places to Work in Money Management by Pensions & Investments. This distinction is based upon the combined results of an employee survey to measure the employee experience and an evaluation of each nominated company's workplace policies, practices, philosophy, systems and demographics. For the 2024 results announced yesterday, PPM was one of 45 companies to be selected in the 100 to 499 employee category, as well as one of 113 companies recognized in the industry overall.
“PPM is extremely proud and grateful for being named one of Pension & Investments’ Best Places to Work in Money Management once again,” said Craig Smith, PPM’s President, Chief Executive Officer and Chief Investment Officer. “This recognition is a testament to the people here who continue to strengthen the firm’s culture each and every day. We consistently foster a collaborative, client-centric work environment rooted in knowing that our best ideas to deliver for our clients can come from anyone at any time. We also strive to give back to the community by participating in many local non-profit activities.”
“In order to retain and attract the right people, PPM is committed to supporting the life and career journeys of our employees. As such, we provide them a comprehensive suite of health and insurance benefits as well as offer generous retirement contribution matching and tuition reimbursement programs.”
“As their employees attest, the companies named to this year’s Best Places to Work list demonstrate a commitment to building and maintaining a strong workplace culture,’’ said Pension & Investments Editor-in-Chief Julie Tatge. “In doing so, they’re helping their employees, clients and their businesses succeed.’’
Since 2012, Pensions & Investments has produced the Best Places to Work in Money Management list to highlight top employers in the money management industry. Pensions & Investments partnered with Workforce Research Group, a research firm specializing in identifying great places to work, to conduct a two-part survey process of employers and their employees. For a complete list of the Pensions & Investments’ Best Places to Work in Money Management 2024 winners, including PPM, go to pionline.com/BPTW2024.
About PPM America
Our mission is to be seen by clients and their advisors as a consistently reliable partner to help them achieve their long-term value goals.
PPM is a US-based institutional asset manager with $76.66 billion in assets under management as of 30 September 2024.1 Established in Chicago in 1990, PPM exists to consistently support institutional clients in achieving their long-term value goals. We offer our Midwestern mentality of hard work, straight talk, full transparency and humility. Our success is supported by a team-based culture that encourages debate, collaboration and consistency. At the center of our belief is the fact that our best ideas to date have and can come from any team member anywhere in our firm. We believe the success of our investment culture is best demonstrated by the strong retention of our clients and investment professionals.
PPM is an indirect, wholly owned subsidiary of Jackson Financial Inc. (JFI, NYSE: JXN), a publicly traded company. JFI is committed to helping clarify the complexity of retirement planning—for financial professionals and their clients. Through its range of annuity products, financial know-how, history of award-winning service2 and streamlined experiences, JFI strives to reduce the confusion that complicates retirement planning.
1 AUM includes committed but unfunded capital for PPM’s private equity and commercial real estate businesses. AUM includes both securities issued by PPM CLO vehicles held by PPM separately managed account clients and the underlying collateral assets of the CLO vehicles managed by PPM.
2 SQM (Service Quality Measurement Group) Contact Center Awards Program for 2004 and 2006-2023, for the financial services industry (to achieve world-class certification, 80% or more of call-center customers surveyed must have rated their experience as very satisfied, the highest rating possible).
About Pensions & Investments
Pensions & Investments, owned by Crain Communications Inc., is the 51-year-old global news source of money management and institutional investing. Pensions & Investments is written for executives at defined benefit and defined contribution retirement plans, endowments, foundations and sovereign wealth funds, as well as those at investment management and other investment-related firms. Pensions & Investments provides timely and incisive coverage of events affecting the money management and retirement businesses. Visit Pension & Investments’ website at www.pionline.com.
About Workforce Research Group
Workforce Research Group works with partners in the US, Canada, and the UK to help identify organizations who have created workplace cultures where employees love to come to work. Workforce Research Group conducts employer and employee surveys to determine if an organization is good enough to make each list and where they rank in their city, state, province, industry, or country. PPM did not pay Workforce Research Group to participate in the survey and evaluation resulting in the 2024 recognition as one of the Best Places to Work in Money Management referenced above. However, PPM did purchase a report of the detailed 2024 survey results from Best Companies Group for internal use only.
