Advanced Series Trust AST Academic Strategies Asset ... - Prudential

Analyst Society of New York.
AST Jennison Large-Cap Growth Portfolio
Michael A. Del Balso joined Jennison in 1972 and is a Managing Director of Jennison. He is also Jennison’s Director of Research for
Growth Equity. Mr. Del Balso graduated from Yale University and received his M.B.A. from Columbia University.
Mark D. Shattan, CFA, is a Managing Director of Jennison, which he joined in June 2008 after 10 years with Goldman Sachs Asset
Management, where he was a managing director responsible for blend and concentrated equity products. From 1999 through 2004,
Mark was a senior portfolio manager for growth equities, investment committee co-chairman, and lead portfolio manager/analyst
covering consumer stocks. He began his investment career in 1997 as a research associate covering gaming, lodging, and leisure
stocks at Salomon Brothers. From 1991 through 1997, he served in the US and Europe as a US army officer. Mark graduated from the
United States Military Academy with a B.S. in management science and system engineering. He received an M.B.A. from Florida
Southern College.
AST Jennison Large-Cap Value Portfolio
David A. Kiefer, CFA, is a Managing Director of Jennison, which he joined in September 2000. He was appointed Jennison’s Head of
Large Cap Value Equity in January 2004, having managed diversified large capitalization portfolios since 1999 and Large Cap Blend
Equity assets since 2000. He managed the Prudential Jennison Utility Fund (formerly Prudential), from 1994 to mid-2005. He joined
Prudential’s management training program in 1986. From 1988 to 1990, Mr. Kiefer worked at Prudential Power Funding Associates,
making loans to the utility and power industry. He then left to attend business school, rejoining Prudential in equity asset
management in 1992. Mr. Kiefer earned a B.S. from Princeton University and a M.B.A. from Harvard Business School.
Avi Z. Berg, is a Managing Director of Jennison, which he joined in January 2001. Prior to that, he was with Goldman Sachs Asset
Management from 1997 to 2000 as an Equity Research Associate for their small and mid cap value funds. From 1996 to 1997, Mr.
Berg worked in equity research at Schroder Wertheim & Co. and Fir Tree Partners. From 1991 to 1995, he was a consultant with Price
Waterhouse LLP. Mr. Berg received his A.B. in Economics magna cum laude from Harvard University and his M.B.A. in Finance and
Accounting with honors and distinctions from Columbia Business School.
AST JPMorgan International Equity Portfolio
The portfolio manager responsible for the day-to-day management of the Portfolio is James WT Fisher. Mr. Fisher, a Managing
Director of J.P. Morgan, is a portfolio manager in the Global Portfolio Group Equities Team based in London. He joined J.P. Morgan in
1985.
AST JPMorgan Strategic Opportunities Portfolio
Michael Fredericks is a portfolio manager in the firm’s U.S. Global Multi-Asset Group, based in New York. An employee of J.P.
Morgan since 2006, Michael is responsible for managing a diversified mutual fund, several insurance trust funds and a variety of
institutional defined benefit accounts. Prior to joining the firm, he was a global equity analyst at Nicholas Applegate Capital
Management and a global research manager at Callan Associates. Michael obtained a BA in Economics and History from the
University of California Berkeley and a Masters of Pacific International Affairs with an emphasis in Latin America from the University
of California San Diego.
AST Large-Cap Value Portfolio
Hotchkis and Wiley Segment. Hotchkis and Wiley manages institutional separate accounts and is the advisor and sub-advisor to
mutual funds, including the Portfolio. The investment process employed is the same for similar accounts, including the Portfolio and
is team-based utilizing primarily in-house, fundamental research. The investment research staff is organized by industry and sector
and supports all of the accounts managed in each of the Hotchkis and Wiley investment strategies. Portfolio coordinators for each
strategy ensure that the best thinking of the investment team is reflected in the “target portfolios”. Investment ideas for the Portfolio
are generated by Hotchkis’ investment team. Hotchkis and Wiley has identified the portfolio managers with the most significant
responsibility for the Portfolio. The list does not include all members of the investment team.
George Davis, Judd Peters, Scott McBride, Patricia McKenna and Sheldon Lieberman participate in the investment research review
and decision-making process for the Portfolio. Mr. McBride, Mr. Peters and Mr. Davis coordinate the day to day management of the
Portfolio. Mr. Davis, Principal, Portfolio Manager and Chief Executive Officer, joined Hotchkis’ investment team in 1988. Mr. Peters,
Portfolio Manager, joined Hotchkis’ investment team in 1999. Mr. McBride, Portfolio Manager, joined Hotchkis’ investment team in
2001. Ms. McKenna, Principal and Portfolio Manager, joined Hotchkis’ investment team in 1995. Mr. Lieberman, Principal and
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