Transamerica Pension Plan

The plan's named executive is Will Fuller, President and CEO of Transamerica Corporation, though the specific investment committee members are not publicly disclosed. Governance is managed through Transamerica Corporation as sponsor, with ultimate ownership under Aegon Ltd. In practice, the plan's visible commitments to private equity flow through relationships with Blackstone and KKR, suggesting those GP relationships are managed by an internal investment team whose composition is unpublished.

The pension does not publicly detail its sourcing model. Known co-investors include Blackstone and KKR, both of which serve as primary private equity partners — indicating the plan likely participates in fund commitments and co-investment vehicles rather than pursuing a direct-sourcing strategy. The firm's commercial mortgage and CMBS portfolios suggest additional internal origination capabilities through Transamerica's insurance subsidiaries.

Yes. The plan is a defined-benefit entity with assets segregated from Transamerica Corporation's general account. While the sponsor is a regulated insurance holding company that originates mortgages and manages policyholder capital, the pension's fiduciary assets are ring-fenced. The plan's reporting lines and investment-committee structure are not publicly detailed.

Yes. The plan tags venture capital as a general strategy, though no specific stage targets, check sizes, or portfolio companies are publicly disclosed. The presence of KKR as a known co-investor may indicate exposure to growth equity through their private equity platforms alongside any venture-specific allocations.

No negative screens or exclusion lists are publicly disclosed. The pension has allocated to commercial real estate, natural resources, and derivatives, and works with Blackstone and KKR across their diversified platforms — a posture that suggests broad-sleeve rather than exclusionary mandates.

The Aegon Transamerica Foundation and the Transamerica Institute are separate philanthropic entities funded by the corporation, not the pension. Their endowments and grantmaking are independent of the defined-benefit pool, which remains strictly a fiduciary vehicle for plan participants under ERISA.

Transamerica Corporation is a wholly owned subsidiary of Aegon Ltd., a publicly traded financial-services group headquartered in the Netherlands. The pension itself is a US-based defined-benefit plan whose obligations are backed by Transamerica Corporation, creating a chain of ownership that runs from Dutch public shareholders through to the Cedar Rapids fiduciary entity.