Updated:
Conning Inc.
Conning Inc. is a Hartford-based asset manager founded in 1912, specializing in insurance-focused fixed income, private credit, and real assets globally.
Conning Inc.
Conning, Inc. is an SEC-registered investment adviser in Hartford, CT, registered since 1983. The firm manages $106.9 billion in assets, with $106.6 billion on a discretionary basis. It has 270 employees and 240 investment advisers.
General information
Firm type
Asset Manager
Year founded
1912
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Hartford
Corporate office
Hartford, CT, United States
Additional offices
London · Cologne · Hong Kong · Tokyo · New York
Principals
John H. Richardson
Chief Executive Officer
Thomas C. Wenzel
Chief Investment Officer
Sector focus
Frequently asked questions
Who runs investment decisions at Conning?
John H. Richardson is the CEO of Conning Inc., and Thomas C. Wenzel serves as Chief Investment Officer. Together they oversee the firm's investment strategy and operations. The firm's leadership combines deep expertise in insurance liability analysis with asset management, as reflected in its proprietary risk platform.
How does Conning source proprietary deal flow?
Conning sources investments primarily through its long-standing relationships with insurance companies and its insurance analytics platform, which identifies asset-liability matching opportunities. The firm also leverages its global network of offices in North America, Europe, and Asia to source private credit and real estate deals directly.
Does Conning participate in fund commitments or only direct deals?
Conning operates primarily as a direct investor in fixed income, private credit, real estate, and infrastructure, rather than as a fund-of-funds. The firm structures investments as separately managed accounts or commingled funds tailored to insurance client needs, with liability-awareness as a core feature.
What investment stages does Conning typically target?
Conning typically targets investment-grade and below-investment-grade fixed income, private placements, and real assets. The firm does not engage in venture capital or early-stage equity; its focus is on stable, yield-oriented strategies that match insurance liability durations.
How is Conning related to Aon?
Conning has a strategic partnership with Aon, the global insurance broker. In 2023, the two firms deepened their collaboration to develop liability-aware investment strategies for insurance clients. Conning operates as an independent asset manager, not a subsidiary of Aon, but leverages Aon's distribution and risk expertise.
What sectors does Conning explicitly avoid?
Conning generally avoids venture capital, private equity, and long-only public equities. The firm's mandate is centered on fixed income and real assets that align with insurance solvency requirements, so it does not pursue growth equity or speculative strategies.
Does Conning maintain philanthropic structures, and how are they separated?
Conning operates as a for-profit asset manager and does not run a public philanthropic foundation. The firm's corporate social responsibility activities, if any, are not a material part of its public profile, and no separate philanthropic vehicle is disclosed.
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.
Need institutional-grade insight on registered investment advisers?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: