Welcome to an Executive Spotlight edition of the InsuranceAUM.com Podcast, where host Stewart Foley sits down with Phil Titolo, Head of Direct Private Investments at MassMutual, to discuss how his team identifies unique investment opportunities outside traditional asset allocation buckets. They dive into MassMutual’s approach to private investments, focusing on assets that can provide diversification and resilience in a complex economic environment.
Phil shares his insights on the growing role of private credit in filling gaps left by banks, especially in today’s shifting regulatory landscape. Stewart and Phil also cover the dynamics of the credit cycle, including the rise of “zombie companies,” and where Phil sees potential mispricing and hidden risks in the market. This episode wraps up with a fascinating take on who Phil would choose to meet from the history of the Federal Reserve.