In this episode of the InsuranceAUM.com Podcast, host Stewart Foley, CFA, sits down with Chris Gudmastad, head of Private Credit at Securian Asset Management, to discuss the growing role of investment-grade private credit in insurance portfolios. As insurers continue to face a low-yield environment, this asset class offers an attractive illiquidity premium, downside protection, and strong covenant structures that differentiate it from public bonds.
Chris shares insights on sourcing deals, structuring covenants, and how Securian’s long-standing expertise in private credit helps insurers optimize risk-adjusted returns. The conversation also covers market trends, sector preferences, and how investors can navigate the evolving private credit landscape. Tune in for a deep dive into this compelling investment opportunity.