FormDSignal
47

Jennison Growth Equity Fund of Prudential Trust files amendment after raising $587M

Fund raise update · Growth equity · Open-ended · SCRANTON, PA · Form D/A filed 2026-10-15 · sponsor: Jennison · all Jennison Growth vehicles

Jennison Growth Equity Fund of the Prudential Trust Co Institutional Business Trust, a Massachusetts business trust, has raised $587.33M across 11 investors since October 2020. The fund operates under exemptions 3(c)(1) and 3(c)(7), indicating a qualified-purchaser institutional vehicle.

Note: Filing shows indefinite offering size with $587.33M sold to date; entity is a business trust rather than LP, which is uncommon for growth equity funds.

$100M+ soldCapital closing nowGrowth equityFund of funds

How this compares

  • Across 24 growth equity sponsors with more than one launch on EDGAR, the median gap between consecutive funds is 5 months.
  • No earlier fund launch by this sponsor appears on EDGAR.

Computed from every Form D fund launch on EDGAR since late 2024, not sampled. Amounts are the stated offering size; indefinite offerings are excluded.

Raise progress

Sold rose from $543.7M to $587.3M (+$43.6M, +4 investors) in 363 days since the previous filing.

FiledFormSoldInvestorsChange
2024-10-18D/A$521.5M7
2025-10-17D/A$543.7M7+$22.2M
2026-10-15D/A$587.3M11+$43.6M

Amount sold and investor count as restated on each of the issuer's Form D filings. A rise since the previous filing is capital closed in between.

Jennison on EDGAR

Earlier and related filings by the same issuer and sponsor. All Jennison Growth vehicles →

Registered adviser

probable match

JENNISON ASSOCIATES (JENNISON ASSOCIATES LLC)

Registration
SEC-registered adviser · since 1969-04-16
Regulatory AUM
$214.8B
Employees
360
Private funds on Form ADV
12
Office
New York, NY

Website and main-office phone from Form ADV. Subscribe to unlock

Incumbent service providers

The administrator, auditor, custodian and prime broker named on this adviser's 12 other funds: whether a new mandate here is a displacement or a greenfield. Subscribe to unlock

Other Form D filings by this adviser

12 other filings on EDGAR under this adviser, with size, strategy and date. Subscribe to unlock

People on the filing

Trustee Prudential Trust CompanyPromoter
Investment Advisor Jennison Associates LLCPromoter

[email protected] · observed Work emails for the people on the filing, where the firm publishes or patterns them, labelled by confidence — subscribers

Signed by Joseph Glucksnis, Vice President and Trust Officer of the Trustee of Issuer.

Placement agents / sales compensation: Prudential Investment Management Services LLC

Why now — by persona

  • Fund audit & tax:A concrete reason to call this issuer this week, citing the filing. Subscribe to unlock
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Filing contact

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