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Allstate Corporation
Allstate Corporation is an SEC-registered investment adviser in Chicago, IL, registered since 1987. The firm manages approximately $26.5 billion in regulatory...
Allstate Corporation
Allstate Corporation is an SEC-registered investment adviser in Chicago, IL, registered since 1987. The firm manages approximately $26.5 billion in regulatory assets. It has 149 employees and 119 investment advisers.
General information
Firm type
Insurance
Year founded
1931
Location
Region
North America
Country
United States
City
Chicago
Corporate office
Northbrook, IL, United States
Additional offices
Dallas, TX, United States
Principals
Thomas J. Wilson
Chair, President, and CEO
Alexandra Band
SVP & CFO Investment Finance
Mike Moran
Managing Director of Real Estate, Allstate Investments
Sector focus
Frequently asked questions
Does Allstate invest directly in real estate or through funds?
Allstate uses a hybrid model. The firm partners with operating platforms like TruAmerica Multifamily to co-invest in residential acquisitions — a strategy that has placed capital in Colorado and Washington markets. It also disposed of legacy direct holdings, including the former corporate campus in Northbrook, Illinois, reflecting an active asset-management posture rather than passive fund exposure.
What is TruAmerica Multifamily's relationship to Allstate?
TruAmerica Multifamily acts as a strategic co-investment partner for Allstate's real estate group. The relationship lets Allstate commit equity alongside an experienced operator in value-add and core-plus apartment deals, without building a massive in-house property management team. Mike Moran's group at Allstate Investments manages the partnership.
Does Allstate manage capital for external clients?
No. Allstate Investments manages the general account for the insurance enterprise and affiliated subsidiaries — it does not operate as a third-party asset manager. The publicly traded parent company (NYSE: ALL) governs the investment subsidiary, with no external limited partners beyond the insurance policyholders whose premiums fund the float.
What role does The Allstate Foundation play in the firm's capital deployment?
The Allstate Foundation is a philanthropic entity distinct from the investment portfolio. It focuses on youth empowerment, safe driving, and domestic-violence prevention. The foundation's assets are managed separately from the general account and do not influence the insurance-side investment strategy. The foundation is a member of Workforce Matters, a network focused on workforce development philanthropy.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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