Prudential Retirement has surpassed $20 billion in third-party stable value account values since Prudential entered the third-party stable value business less than two years ago.

The significant growth reflects, in part, Prudential’s solid financial-strength ratings, strong brand identity, and extensive experience as a provider of stable value products. Prudential Retirement is a business unit of Prudential Financial, Inc. (NYSE: PRU).

Account values have jumped 60 percent since January, when the business reached more than $12.5 billion in third-party stable value assets for a variety of institutional investment-only clients. Prudential’s entry into the third-party stable value business in the second quarter of 2009 was fueled in large part to help provide plan sponsors with new options to give plan participants the potential to protect their assets against volatility following the financial crisis of 2008-2009.