PPM America Inc/il
PPM America, Inc. is a Chicago-based institutional asset manager founded in 1990. Serving insurance companies, pension funds, sub-advised funds, and other institutional investors, PPM America offers investment solutions across public and private fixed income, structured products, real estate, and private equity. A subsidiary of Jackson Financial Inc., PPM America managed $83.51 billion in assets as of June 30, 2025. The firm employs approximately 200-230 professionals and is recognized for its collaborative, investment-led approach.
Investment Strategy
PPM America employs a fundamental, bottom-up research investment approach combined with prudent risk management. The firm is nimble and investment-led, offering customized institutional mandates that span separate accounts, mutual funds, private investment funds, and structured vehicles. PPM’s investment philosophy centers on delivering superior risk-adjusted returns through team-based collaboration, leveraging deep sector expertise, and adapting quickly to changing market opportunities across public and private fixed income, structured assets, private equity, and real estate.
Latest 13F Filing Activity
PPM America Inc/il filed their most recent 13F report on Jun 30, 2025 disclosing 4 equity positions with a total 13F market value of $10M. The fund increased holdings in Sangoma Technologies, Clear Channel Outdoo, Iheartmedia Inc. among other positions. PPM America Inc/il reduced exposure to Ishares Broad Usd Hi, MPLX LP, Iheartmedia Inc. among others.
Top Holdings
Equity Positions (4)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
M MPLX | MPLX LP | 44.90% | $4.5M | 87,200 | $28.47 | $51.51 | -$175.3K |
S STC.TO | Sangoma Technologies | 41.64% | $4.2M | 688,523 | $4.72 | $8.44 | +$1.0M |
C CCO | Clear Channel Outdoo | 8.25% | $825.6K | 705,613 | $2.71 | $1.17 | +$42.3K |
I IHRT | iHeartMedia Inc | 5.22% | $522.0K | 296,607 | $25.02 | $1.76 | +$32.6K |