Prudential Capital Group Minneapolis office to be lead by Peter Pricco

By Ashley Montgomery

Kansas City, Kan., Feb. 24 - Prudential Capital Group has chosen Peter Pricco to lead its new office in Minneapolis, the company announced in a news release.

The new office will provide senior debt, mezzanine and private equity financing to middle-market companies in Minnesota, North Dakota, South Dakota, Iowa and Nebraska. The office is expected to open in the third quarter of 2012.

"Peter's extensive experience and proven track record in corporate finance, particularly in the Minneapolis area, make him ideally suited to lead our new Minneapolis office," Scott von Fischer, a managing director and newly appointed co-head of U.S. corporate finance, said in the release.

Pricco currently heads a team that manages senior debt and mezzanine investments. He has 11 years of experience in commercial banking.

The new office is part of Prudential Capital's plan to expand its U.S. regional corporate finance platform, the release said.

Prudential Capital is an investment business of Prudential Financial, Inc., an insurance and financial services company based in Newark.

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