December 10, 2023
For the fourth time, PPM America, Inc. (PPM) has been named 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 2023 results announced today, PPM was one of 48 companies to be selected in the 100 to 499 employee category, as well as one of 123 companies recognized in the industry overall.
“Being recognized as one of Pension & Investments’ Best Places to Work in Money Management is a great way to cap off what has been an exciting year here at PPM ,” said Craig Smith, President, Chief Executive Officer and Chief Investment Officer. “This award reflects that the culture the employees have built at PPM continues to strengthen. We approach our work with purposeful consistency - supporting each other in an open and collaborative environment, keeping clients at the center of what we do and giving back to the community through firm-wide participation in many Chicagoland non-profit activities.”
“In return, the company is committed to put our people in the best position to grow personally and professionally with a strong array of health and insurance benefits as well as substantial tuition reimbursement and retirement contribution matching programs.”
“Pensions & Investments is proud to honor the Best Places to Work in Money Management for the 12th year. A strong workplace culture that supports talent, advocates progress and drives innovation is paramount to driving the best outcomes and these asset managers demonstrate that. Congratulations to the 2023 honorees for their commitment to employee well-being, attractive incentive structures and talent development that demonstrate how investing in your employees can elevate our industry to greater heights,” said Pensions & Investments President and Publisher Nikki Pirrello.
Since 2012, Pensions & Investments has produced the Best Places to Work in Money Management list to highlight top employers in the money management industry. The results of the survey were reviewed by Best Companies Group and announced earlier this morning. For a complete list of the Pensions & Investments’ Best Places to Work in Money Management 2023 winners, including PPM, and profiles of the top 100 firms across size categories, go to www.pionline.com/BPTW2023.
The Polar Plunge supporting the Special Olympics is one of the many philanthropic activities PPM America participates in throughout the year.
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 $90.09 billion in assets under management as of September 30, 2025.* Established in Chicago in 1990, PPM exists to consistently support institutional clients in achieving their long-term value goals. We offer our 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.
* 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.
Past performance is no guarantee of future results. There can be no assurance that any particular individual will be involved in the management of any portfolio for any period of time, if at all. Furthermore, there can be no assurance that any PPM professionals presented herein will remain with PPM or that past experience or performance of such professionals serves as an indicator of his or her performance. Forward-looking statements are subject to uncertainties that could cause actual developments and results to differ materially from the expectations expressed. The opinions and views expressed herein are not intended to be relied upon as a prediction or forecast of actual future events or performance, guarantee of future results, recommendations or advice. Opinions expressed herein are current as of the date indicated and are subject to change without notice.
About Pensions & Investments
Pensions & Investments, owned by Crain Communications Inc., is the 52-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 recognition as one of the Best Places to Work in Money Management referenced above. However, PPM did purchase a report of the detailed survey results from Best Companies Group for internal use only.
