In this episode of the InsuranceAUM.com podcast, host Stewart Foley, CFA, is joined by Matthew Bass, Head of Private Alternatives at AllianceBernstein, to explore the investment opportunities emerging from recent disruptions in the U.S. banking sector. Matthew shares his expert insights into the ongoing trend of bank disintermediation, which has been accelerated by events like the Silicon Valley Bank collapse. He explains how these changes are shifting the financial landscape, particularly in private credit and non-bank lending, creating unique opportunities for insurance companies to step in as key players.

Matthew also discusses the importance of strategic partnerships between banks and asset managers, highlighting how insurers are well-positioned to benefit from these collaborations. With their long-term investment horizons and stable capital, insurers can provide the diversified funding that banks increasingly need. This episode offers valuable perspectives for insurance investment professionals looking to navigate and capitalize on the evolving private markets amid banking sector challenges.