AST BlackRock Value Portfolio - Prudential Annuities

AQR Capital Management, LLC and CNH Partners, LLC: Diversified Arbitrage Segment. The portfolio managers of AQR
responsible for oversight of the diversified arbitrage segment of the Academic Strategies Portfolio are Ronen Israel and Lars
Nielsen. The portfolio managers of CNH responsible for the oversight of the diversified arbitrage segment of the Academic
Strategies Portfolio are Mark Mitchell, PhD and Todd Pulvino, PhD. Their respective biographies are provided below.
Lars Nielsen is a Principal of AQR. Prior to joining AQR in 2000, he was an Analyst in the Quantitative Research Group of Danske
Invest. Mr. Nielsen holds a BSc and a MSc in Economics from the University of Copenhagen, Denmark.
Ronen Israel is a Principal of AQR. Prior to joining AQR in 1999, he was a Senior Analyst at Quantitative Financial Strategies, Inc.
Mr. Israel holds a BS in Economics from the Wharton School and a BAS in Biomedical Science from the University of
Pennsylvania, and an M.A. in Mathematics from Columbia University.
Mark Mitchell, PhD is a co-founder and principal of CNH. Prior to co-founding CNH, Dr. Mitchell was a finance professor at
University of Chicago (1990-1999) and Harvard University (1999-2003). Dr. Mitchell holds a PhD in Economics from Clemson
University and BBA in Economics from University of Louisiana at Monroe.
Todd Pulvino, PhD is a co-founder and principal of CNH. Prior to co-founding CNH, Dr. Pulvino was a member of the finance
faculty of Northwestern University’s Kellogg School of Management and at Harvard Business School. Dr. Pulvino holds PhD and
AM degrees in Business Economics from Harvard University, an MS in Mechanical Engineering from the California Institute of
Technology, and a BSc degree in Mechanical Engineering from University of Wisconsin-Madison.
J.P. Morgan Investment Management, Inc.: Long/Short Market Neutral Segment. Terance Chen, managing director, is a portfolio
manager in the U.S. Equity Group. An employee since 1994, Terance is responsible for the management of several long/short
strategies, including Research Market Neutral, Research 130/30, and Research Total Return. He is also part of the portfolio
management team for the Research Enhanced Index (REI) strategies. Prior to his current position, Terance was a quantitative equity
research analyst. Terance holds a BS in finance from New York University’s Stern School of Business and is a CFA charter holder.
AST Advanced Strategies Portfolio
Marsico Segment. Thomas F. Marsico is the Chief Investment Officer of Marsico, and co-manages the Marsico segment of the AST
Advanced Strategies Portfolio. Mr. Marsico has over 30 years of experience as a securities analyst and a portfolio manager.
A. Douglas Rao co-manages the Marsico segment of the AST Advanced Strategies Portfolio. Mr. Rao, who is also a senior analyst,
joined Marsico in 2005 and has over 10 years of experience as a securities analyst. Prior to joining Marsico, Mr. Rao spent more
than four years at Trust Company of the West (“TCW”) where he was a Senior Vice President and Financial Services Analyst for
U.S. equities. He holds a Bachelor’s degree in History from the University of Virginia and an MBA from the University of
California, Los Angeles.
Coralie Witter, CFA co-manages the Marsico segment of the AST Advanced Strategies Portfolio. Ms. Witter, who is also a senior
analyst, joined Marsico in June 2004 and has over 15 years of experience in the financial services industry, most of which has
involved equity research. Prior to joining Marsico, Ms. Witter spent six years with Goldman, Sachs & Co., where she was a Vice
President in Equity Research. Ms. Witter graduated from the University of Colorado with a Bachelor’s degree in
International Affairs.
T. Rowe Price Segment. T. Rowe Price manages the portion of the Portfolio managed by T. Rowe Price through an Investment
Advisory Committee. The Committee Chairman has day-to-day responsibility for managing the Portfolio and works with the
Committee in developing and executing the Portfolio’s investment program.
Brian Rogers, Mark Finn, and John Linehan are responsible for the day-to-day management of the portion of the Portfolio managed
by T. Rowe Price.
Brian Rogers is the Chief Investment Officer of T. Rowe Price Group, Inc. In addition he manages major institutional equity
portfolios and serves as President of the Equity Income Fund. He serves on the Board of Directors of T. Rowe Price Group and is a
member of the Management Committee. His other responsibilities include serving on the Equity, Fixed-income, International, and
Asset Allocation committees. Prior to joining the firm in 1982, Brian was employed by Bankers Trust Company. He earned an AB
from Harvard College and an MBA from Harvard Business School.
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