Principal
Principal Financial Group is a global financial services company founded in 1879 and headquartered in Des Moines, Iowa, publicly traded on the Nasdaq (NASDAQ: PFG). Principal provides insurance, retirement, and asset management products and services to businesses, individuals, and institutional investors across the world. Principal Asset Management, the firm's investment management arm, manages approximately $500 billion in assets across equity, fixed income, real estate, and alternative investment strategies, serving institutional investors, financial advisors, and individual investors globally.
Principal's alternative investment capabilities encompass real estate, infrastructure, private credit, private equity, and commodities, reflecting the breadth of investment required to manage both Principal's general account insurance assets and third-party institutional mandates. Principal Real Estate Investors manages one of the largest real estate investment programs among U.S. insurance-affiliated managers, with a diversified portfolio spanning office, industrial, retail, multifamily, and commercial real estate debt. Principal's private credit capabilities include direct lending, asset-backed finance, and infrastructure debt strategies, while its infrastructure equity platform targets essential services and energy transition assets globally.
Principal Financial Group's insurance roots and long operating history as a manager of long-duration, real asset-heavy portfolios provide it with a distinctive perspective on alternative investing that resonates with pension plans, insurance companies, and other liability-oriented institutional investors. The firm's deep experience in real estate and infrastructure — built over decades of managing assets to support its own insurance liabilities — creates genuine expertise that translates into competitive advantage for third-party institutional clients. Principal's comprehensive alternative investment platform, combined with its strong brand and national distribution network, positions it as a trusted provider of alternative investment solutions for institutional and individual investors across the United States and globally.