PGIM, INC. - IGF::CT::IGF:: PORTFOLIO MANAGEMENT SERVICES
Key Details
Description
IGF::CT::IGF:: PORTFOLIO MANAGEMENT SERVICES
Context & Analysis
On Oct 8, 2025, Pension Benefit Guaranty Corporation obligated $111,607,515.61 to PGIM, INC. for igf::ct::igf:: portfolio management services. The award is classified under NAICS 523920 — PORTFOLIO MANAGEMENT and issued as a firm fixed price contract. Competition extent: full and open competition with 26 offers received. The procurement used a NO SET ASIDE USED. set-aside. Performance is located in NEWARK, NJ. This award is one of several similar procurements from Pension Benefit Guaranty Corporation under NAICS 523920 — related awards are listed below.
Market context
- Recompete outlook
- Ended Mar 31, 2026 (7 months ago). Recompete signal as of Oct 26, 2026: 20/100, combining time to the end date, the incumbent's history with this agency, whether the award was competed, and its size.
- Competition
- Competed, with 26 offers. 100% of 23 awards in this market (Pension Benefit Guaranty Corporation awards in NAICS 523920 over the last 3 years) were competed; median 22 offers.
- Award size
- At $111.6M, this award is larger than three in four of the 23 priced Pension Benefit Guaranty Corporation awards in NAICS 523920 over the last 3 years (median $30.6M).
- Largest vendors in this market
By obligations, Pension Benefit Guaranty Corporation awards in NAICS 523920 over the last 3 years.
- PACIFIC INVESTMENT MANAGEMENT COMPANY LLC — 2 awards, $219.2M
- ARROWSTREET CAPITAL LP — 2 awards, $115.7M
- WELLINGTON MANAGEMENT COMPANY LLP — 1 award, $87.5M
- AQR CAPITAL MANAGEMENT LLC — 2 awards, $61.2M
- TCW ASSET MANAGEMENT COMPANY LLC — 1 award, $40.7M
Computed from USAspending award data on Oct 26, 2026.
Contractor Information
Similar Awards
IGF::CT::IGF PORTFOLIO MANAGEMENT SERVICES
PACIFIC INVESTMENT MANAGEMENT COMPANY LLC
$112.4M
IGF::CT::IGF PORTFOLIO MANAGEMENT SERVICES
WELLINGTON MANAGEMENT COMPANY LLP
$87.5M
IGF::OT::IGF INVESTMENT MANAGEMENT SERVICES
ARROWSTREET CAPITAL LP
$64.0M
IGF::CT::IGF PORTFOLIO MANAGEMENT SERVICES
TCW ASSET MANAGEMENT COMPANY LLC
$40.7M
IGF::CT::IGF PORTFOLIO MANAGEMENT SERVICES
WESTERN ASSET MANAGEMENT CO, LLC
$37.2M
Stay Updated
Get notified about new opportunities matching your interests.