Jeffrey Hobbs: I’m the Head of Insurance Portfolio Management at Voya Investment Management. My team coordinates the investment activity for our proprietary insurance company assets, which will be around $40 billion at the end of 2024, as well as our third-party multi-sector mandates.
Voya manages approximately $55 billion for over 70 external insurance clients. Our value proposition historically in the insurance space has been taking strategies that we've developed for our balance sheet and then extending them to third-party partners. Outside of our Core and Core plus business, a big part of our third-party aum is invested in private assets through our investment-grade private credit and commercial real estate lending platforms.