Alt Goes Mainstream
In this episode, Michael Sidgmore sits down with the CIO of an insurance company responsible for more than $300B in assets and a major focus on private markets to discuss the increasing involvement of insurance companies in private markets.
Fresh off recent partnerships with Bain Capital and Partners Group on private markets investment products and Bain Capital taking a stake in Lincoln’s business, Jayson and Michael had a fascinating conversation about how insurance companies can approach private markets and how they can build unique and differentiated partnerships with asset managers.
We discussed:
- The evolving role of insurance companies as LPs in private markets.
- Why asset and liability matching is a critical framework to allocating to private markets.
- How the general account of an insurance company creates interesting opportunities for strategic relationships and partnerships with alternative asset managers.
- The benefit of having a business that works with financial advisors and individuals.
- The importance of educating wholesalers about private markets – and why insurance wholesalers might have an advantage in educating advisors and clients about private markets products and strategies.
May 2025
Investopedia Express
Jayson Bronchetti, Chief Investment Officer for Lincoln Financial, joins The Express to deliver the realities of what happens after the Fed cuts rates, and what to expect from the stock market in this unpredictable election year.
Plus, why big institutional investors and insurance love companies love private markets as the number of public companies continues to dwindle. And, the hyper-concentration of stock market winners over the past year has a growing number of active portfolio managers betting on a smaller pool of high cash flow stocks than ever.
June 2024