Episode 160: Private ABS with Aegon Asset Management’s Jim Baskin and Transamerica Life’s Ryan Patterson

In this episode of the InsuranceAUM.com podcast, Stewart Foley welcomes Ryan Patterson, Head of Investment Strategy at Transamerica, and Jim Baskin, Head of Private Structured Finance at Aegon Asset Management. The conversation dives into private structured finance and the close relationship between Aegon Asset Management and Transamerica Life. Jim reflects on the evolution of the private structured finance market since the late 80s, highlighting the increasing sophistication in insurance asset management. Ryan shares insights into how Transamerica navigates the growing universe of private credit, focusing on finding the right fit for their liabilities.

Both guests discuss the growing role of private credit in insurance portfolios and how new dynamics—such as private equity-backed acquisitions of insurance companies—have shaped the landscape. They also explore the importance of collaboration between insurance companies and asset managers in navigating the complexities of insurance asset management, offering a unique look into the partnership between Transamerica and Aegon Asset Management. Whether you’re an insurance investment professional or curious about private credit markets, this conversation offers deep insights into managing risk and finding value in private structured finance.