# Voya Financial

Voya Financial is an Insurance based in Windsor, United States.

## Overview

- **Organization type:** Insurance
- **Headquarters:** Windsor, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Founded:** 1994
- **Assets under management:** Undisclosed
- **Website:** voya.com

## About

Voya Financial is an SEC-registered investment adviser in Windsor, CT, since 1994. It manages $3.9 billion in regulatory assets and $70 million on a discretionary basis. The firm has 638 employees and 638 investment advisers.

## Sectors

- Insurance
- Public Equities
- Private Credit
- Real Estate
- Energy Transition & Renewables
- Digital Assets

## People

- Heather Lavallee — Chief Executive Officer and Director

## Questions

### Who runs investment decisions at Voya?

Heather Lavallee serves as CEO of Voya Financial and sets enterprise-wide capital priorities. Day-to-day portfolio management for third-party assets sits inside Voya Investment Management, which operates with separate CIOs across fixed income, equities, and multi-asset solutions. The corporate general-account portfolio is overseen by the CFO and treasurer functions under board-approved risk limits, per public filings.

### What is Voya's arrangement with Blue Owl Capital?

Voya established a strategic partnership with Blue Owl in 2023–2024 to distribute private-market strategies — including GP stakes, real estate, and direct lending — to retirement plan participants. Voya provides the recordkeeping and plan-sponsor relationships, while Blue Owl supplies the underlying fund vehicles, with the partnership targeting defined-contribution plans that have historically lacked access to illiquid alternatives.

### Does Voya run a proprietary private-credit book?

Yes. Voya IM manages private credit strategies through its fixed-income platform, focusing on middle-market direct lending and structured credit. These allocations sit alongside the commercial mortgage and securitized-debt books that have long been core to the insurance general account.

### How did Voya's current structure come about?

Voya was rebranded from ING U.S. after a 2013 IPO that separated the American retirement, investment, and insurance businesses from Dutch parent ING Groep. The firm subsequently exited most closed-block life insurance and annuity liabilities through a 2018 sale to Venerable Holdings, sharpening the focus on fee-based retirement, wealth, and health solutions.

### What is the Voya Foundation, and is it material to the investment operation?

The Voya Foundation is a corporate charitable entity that directs grants primarily to K–12 financial literacy and children's education programs. It is not a repository of investible assets and operates separately from the Investment Management division, managed through the firm's corporate communications and ESG function.

### Is Voya active in digital assets?

Voya offers public-equity crypto exposure through a retirement plan digital-asset option introduced in 2024. The firm does not custody crypto directly or trade spot tokens; the offering is structured as a fund held within participant accounts, reflecting a cautious approach to meeting plan-sponsor demand for digital-asset access.

### How does Voya source private-markets deal flow?

Origination leverages three channels: the Blue Owl partnership for defined-contribution alts, Voya IM's internal credit underwriters for middle-market direct lending, and the general-account commercial mortgage desk for real estate loans. The firm does not operate a venture capital or growth equity sourcing team.

## Related profiles

- [Votorantim Asset Management](https://altss.com/profile/votorantim-asset-management)
- [Voya Financial Advisors](https://altss.com/profile/voya-financial-advisors)

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

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