Episode 275: StepStone Insights: Demystifying Venture Capital for Insurance Portfolio Managers

In this episode of the InsuranceAUM.com Podcast, host Stewart Foley, CFA, sits down with Anthony Giambrone and Stephen West, both Managing Directors on the Venture Capital and Growth team at StepStone, to explore an asset class that isn’t traditionally front and center for insurance portfolios: venture capital. They discuss why insurers may want to consider VC exposure, how the asset class has evolved over the years, and what strategies can help insurance investors navigate this space.

 

With insurance investment portfolios becoming more diversified, Anthony and Stephen share insights on why venture capital has gained traction among institutional investors, how secondaries and emerging managers fit into the equation, and why consistency is key when allocating to VC. They also touch on the impact of AI, changing IPO dynamics, and the role of data in investment decision-making. Don’t miss this deep dive into an asset class that could reshape insurance investing.