Greg Michaud: I've been with Voya for 30 years, which is before it was called Voya—we used to be part of ING Group, the Dutch bank life insurance company. We ran proprietary real estate in the Americas. After the global financial crisis, Voya spun off ING USA in an IPO and became Voya.
My commercial mortgage lending program has been around for over eighty years with the insurance companies it was attached to. We manage $16 billion. Approximately $5 billion is for Voya, and the rest is third party.
This represents big growth since we left ING. Back then, we were $12 billion in proprietary assets. Now, we're $16 billion in AUM, with $5 billion in proprietary assets. Since we went public, we've been able to pivot from being a proprietary manager to a third-party manager without a hitch.
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