Lending to real estate investment trusts and similar vehicles allows credit portfolios to achieve diversified commercial real estate exposure at an attractive premium to public debt, and with significant structural risk mitigation.

As the market broadens beyond the AI trade, shifting Fed signals and lofty earnings expectations demand more active judgment.

With attractive yields, robust covenant protection, and ample liquidity, investment grade private credit is a growing favorite of both investors and borrowers. Here’s what you need to know.

Potential—and pitfalls—in AI debt for insurance allocators.

Private assets have an important role in enhancing long-term Defined Contribution retirement outcomes.

While major prepayment models produce reasonable forecasts for broad segments of the mortgage market, they often have shortcomings. This is how Voya’s mortgage derivatives team exploited one structural misvaluation.

Structured lending to funds can provide similar returns at potentially lower risk than investing as an LP...

The first phase of the AI trade rewarded broad calls: “Buy power!” “Sell software!” The next phase will require much more discrimination across business models, capital structures, and industries.

As Voya Investment Management continues to build momentum, we remain grounded in a simple principle: keep clients at the center of every decision.

Whether M&A or IPO activity is slowing or thriving, a strategy focused on secondary private equity may provide more stable cash flows.