# Security Benefit Life Insurance Company

Security Benefit Life Insurance Company is an Insurance based in Topeka, United States.

## Overview

- **Organization type:** Insurance
- **Headquarters:** Topeka, United States
- **Region:** North America
- **Address:** One Security Benefit Place, Topeka, KS 66636, United States
- **Founded:** 1892
- **Assets under management:** Undisclosed
- **Website:** securitybenefit.com
- **LinkedIn:** https://www.linkedin.com/company/security-benefit

## Regulatory record

- **Reports private funds:** No

## About

Security Benefit Life Insurance Company was founded in 1892 and operates from Topeka, Kansas as a retirement-solutions provider for educators, government employees, and individual investors. The firm became a subsidiary of Eldridge Industries, the holding company controlled by Todd Boehly, which uses the insurer's general account as an anchored source of long-duration capital. The firm deploys primarily through directly originated private credit and equity real estate. Its known positions include the PacWest Real Estate Loan Portfolio in New York, the Coopers Cross mixed-use complex in Dublin, and the 830 Brickell office tower in Miami. The portfolio also holds operating businesses like Topeka Grand Hotels and a real-estate-backed music royalty strategy, reflecting an asset mix that blends core commercial property with esoteric cash-flowing credits. Security Benefit's investment team, led by CIO Joseph Wittrock, operates within the broader Eldridge ecosystem alongside affiliated vehicles such as Cain International and Eldridge's direct-investment arm. The firm maintains an aircraft fleet and a charitable trust, and holds industry memberships in LIMRA and the American Council of Life Insurers. The firm's structural differentiation lies in its insurance general account serving as a captive capital pool for Eldridge's private-credit and real-estate strategies, a model that provides cost-of-capital advantages versus externally raised funds while requiring state-regulatory oversight of its portfolio composition.

## Sectors

- Real Estate
- Private Credit
- Infrastructure

## People

- Todd Boehly — Chairman
- Doug Wolff — CEO
- Joseph Wittrock — Chief Investment Officer

## Questions

### Who runs investment decisions at Security Benefit Life?

Joseph Wittrock serves as Chief Investment Officer, overseeing the insurer's general-account portfolio. Todd Boehly, as Chairman of parent company Eldridge Industries, sets the strategic capital-allocation framework that shapes how the insurer deploys into private credit and real estate.

### How is Security Benefit related to Eldridge Industries?

Security Benefit Life is a wholly owned subsidiary of Eldridge Industries, the holding company founded and controlled by Todd Boehly. Eldridge uses the insurer's policyholder capital as a permanent-funding source for its credit and real-estate investment strategies.

### What investment stages and asset classes does Security Benefit target?

The portfolio concentrates on directly originated private credit and equity commercial real estate. Known holdings include large-scale office and mixed-use properties in New York, Miami, and Dublin, as well as specialty credit tranches and real-estate-backed operating businesses.

## Related profiles

- [Securitize](https://altss.com/profile/securitize)
- [Security Capital](https://altss.com/profile/security-capital)

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Last updated: 2026-06-03T20:00:00.000Z

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