Phil Waldeck

Phil Waldeck, Head of Multi-Asset and Quantitative Solutions at PGIM, shares his extensive experience at the crossroads of insurance and asset management. He discusses the evolution of insurers allocating to private markets and emphasizes the central role of asset-liability management. Phil explains how insurers leverage their balance sheets to engage with private credit, why they partner with alternative managers, and the benefits of integrated investment platforms. He also highlights the need for rigorous governance and the opportunities in underdeveloped markets like Europe and Japan.