AST BlackRock Value Portfolio - Prudential Annuities

Joel M. Kallman, CFA, is a Senior Associate for Quantitative Management Associates (QMA). Joel is a portfolio manager and a
member of the asset allocation team’s investment committee. He also conducts economic and market valuation research. Joel has
also held various positions within Prudential’s fixed-income group, in areas such as high-yield credit analysis and performance
reporting. He earned a BS and MBA in Finance from Rutgers University. He is also a member of the New York Society of Security
Analysts and holds the Chartered Financial Analyst (CFA) designation.
QMA: Long/Short Market Neutral Segment. Devang Gambhirwala is a Principal and Portfolio Manager for Quantitative
Management Associates (QMA). Devang is primarily responsible for overseeing the quantitative core long-short and large-cap
equity mandates, and is also responsible for the management of structured products. Earlier at Prudential Investment Management,
Devang worked as a Quantitative Research Analyst and an Assistant Portfolio Manager. He earned a BS in Computer and
Information Sciences from the New Jersey Institute of Technology and an MBA from Rutgers University.
Jennison: Global Infrastructure Segment. Shaun Hong, CFA and Ubong “Bobby” Edemeka are the portfolio managers of the
Global Infrastructure Segment. Mr. Hong and Mr. Edemeka generally have final authority over all aspects of the Global
Infrastructure Segment’s investment portfolio, including but not limited to, purchases and sales of individual securities, portfolio
construction, risk assessment and management of cash flows.
Shaun Hong, CFA, is a Managing Director of Jennison. Shaun Hong joined Jennison Associates in September 2000. Mr. Hong is a
portfolio manager of Jennison’s utility, equity income, and global infrastructure strategies. He joined Prudential in 1999 as an
analyst responsible for power, natural gas and telecommunications industries within Prudential’s public equity unit. Mr. Hong
began his career in 1992 as a research analyst covering telecommunications and technology companies at Parker/Hunter Inc., a
regional brokerage firm based in Pittsburgh. In 1994, Mr. Hong joined Equinox Capital Management, where he worked for five
years researching utility, consumer products, commodities and technology sectors. Mr. Hong received his BS in industrial
management from Carnegie Mellon University. He is a member of the New York Society of Security Analysts and CFA Institute.
Ubong “Bobby” Edemeka is a Managing Director of Jennison, which he joined in March 2002. Mr. Edemeka is a portfolio
manager of Jennison’s utility, equity income, and global infrastructure strategies. Before joining Jennison, Mr. Edemeka was a
sell-side research analyst on the US Power & Utilities team at Goldman Sachs, where he covered electric utilities and independent
power producers. Prior to Goldman Sachs, he was an analyst on the Global Utilities team of SSB Citi Asset Management Group, a
division of Citigroup. Mr. Edemeka began his career as an analyst on the Prudential Utility Fund (now Prudential Jennison Utility
Fund) at Prudential Investments in 1997 after completing Prudential’s investment management training program. Mr. Edemeka
received his BA in government from Harvard.
The above-referenced Jennison portfolio managers are supported by other Jennison portfolio managers, research analysts and
investment professionals. Jennison typically follows a team approach in providing such support to the portfolio managers. The
teams are generally organized along product strategies (e.g., large cap growth, large cap value) and meet regularly to review the
portfolio holdings and discuss security purchase and sales activity of all accounts in the particular product strategy. Team members
provide research support, make securities recommendations and support the portfolio managers in all activities. Members of the
team may change from time to time.
Core: Commodities Segment. Adam De Chiara is a Co-President of Core and the Portfolio Manager of the Core Commodity
Programs. Mr. De Chiara began his commodity career in 1991 at Goldman Sachs where he was responsible for trading the
Goldman Sachs Commodity Index (“GSCI”). In 1994, Mr. De Chiara founded the commodity index group at AIG, where he
designed and launched the Dow Jones - AIG Commodity Index. In 2003, Mr. De Chiara co-founded the commodities group at
Jefferies. Mr. De Chiara received a BA from Harvard University and a JD from Harvard Law School.
PIMCO: International Fixed-Income (Un-Hedged) Segment. Scott A. Mather is a managing director in the Newport Beach office
and head of global portfolio management. Previously, he led portfolio management in Europe, managed euro and pan-European
portfolios and worked closely with many Allianz-related companies. He also served as a managing director of Allianz Global
Investors KAG. Prior to these roles, Mr. Mather co-headed PIMCO’s mortgage- and asset-backed securities team. Prior to joining
PIMCO in 1998, he was a fixed income trader specializing in mortgage-backed securities at Goldman Sachs in New York. He has
17 years of investment experience and holds a master’s degree in engineering, as well as undergraduate degrees, from the
University of Pennsylvania.
PIMCO: Emerging Markets Fixed-Income Segment. Michael Gomez is a managing director in the Newport Beach office, a
portfolio manager and co-head of the emerging markets portfolio management team. Prior to joining PIMCO in 2003, he was
responsible for market making and proprietary trading of emerging market bonds at Goldman Sachs. Prior to that, he spent a year
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