In the News | Alt Goes Mainstream Podcast

The Intersection of Insurance & Asset Management

October 14, 2025

In a recent episode of Michael Sidgmore’s Alts Goes Mainstream podcast, PGIM’s Head of Multi-Asset and Quantitative Solutions, Phil Waldeck, shared his insights from a career spent at the intersection of insurance and asset management. 

Exploring how insurance and asset management are converging, the conversation dives into:

  • The evolving role of private markets in insurance portfolios
  • Strategic asset-liability management
  • How insurers are leveraging their balance sheets to partner with alternative managers
  • The advantages of integrated platforms
  • PGIM’s approach to credit investing across its integrated public and private credit platform
  • The growing appeal of private credit for insurers

Watch the full video for an insightful discussion on how insurers are navigating today’s investment landscape, and why integration and innovation are key to unlocking long-term value.