SLC Global Insurance Group

Customized solutions to meet the complex needs of leading insurance companies.

Heritage is our greatest asset

Insurance companies require investment solutions that reflect a comprehensive understanding of the industry’s continuously changing and region-specific regulatory, capital and accounting constraints. Our insurance heritage has guided the deliberate evolution of a global investment and insurance solutions platform that has been constructed to meet insurers’ specialized needs.

$207B

Insurance AUM

260+

Insurance company clients

55%

of SLC Management's total AUM represented by insurance clients

750+

Investment professionals

North America

$189B AUM

Europe

$10B AUM

Asia

$6B AUM

Information as of March 31, 2024, and in Canadian dollar terms unless otherwise stated. Total insurance AUM represents the combined assets managed by Sun Life Capital Management (Canada) Inc., Sun Life Capital Management (U.S) LLC, BentallGreenOak, Crescent Capital Group, InfraRed Capital Partners and Sun Life Financial, on behalf of third-party insurance clients and the Sun Life general account. Data include unfunded commitments and cash for the previously noted entities. Percentage of total firm AUM represents the assets managed for insurance clients on behalf of the SLC Management platform, including by its affiliate entities. Investment professionals include individuals from across the SLC Management group of companies, including Sun Life and affiliated entities; not all entities and their investment professionals will represent the insurance business. Region-specific data are based on client domicile and includes assets managed by Sun Life Capital Management (Canada) Inc., Sun Life Capital Management (U.S) LLC, BentallGreenOak, Crescent Capital Group, InfraRed Capital Partners and Sun Life Financial on behalf of third-party insurance clients and the Sun Life general account. Region-specific data include unfunded commitments and cash for the previously noted entities. 

A platform of public and private credit and real asset strategies built for insurers

The SLC Global Insurance Group provides access to a diverse suite of investment capabilities across multiple asset classes, leveraging the expertise and resources of various SLC Management companies. These strategies are delivered in capital efficient structures when practical and serve as critical building blocks that help meet insurers’ needs for enhanced income and total return, downside risk mitigation and liquidity management.

Public Credit

CA$139B in assets under management
(as of March 31, 2024)

Investment Grade

  • Core/insurance core
  • Short duration
  • Long credit/LDI
  • Long government
  • Structured credit/CLO
  • Derivatives and overlays

Below Investment Grade

  • High yield
  • Senior secured loans
  • Narrowly syndicated loans
  • Special situations
  • Multi-asset credit

Private Credit

CA$92B in assets under management
(as of March 31, 2024)

Investment Grade

  • Corporate private placement
  • Infrastructure debt
  • Structured credit/ asset-backed finance

Below Investment Grade

  • Core middle market direct lending
  • Lower middle market direct lending (U.S. and Europe) 
  • BDCs
  • Insurance dedicated funds (IDFs)
  • Multi-strategy

Real Estate Equity and Debt

CA$84B in assets under management
(as of March 31, 2024)

Equity

  • Core
  • Core plus
  • Value add
  • Cold storage
  • Industrial
  • Single family rental

Debt

  • Core mortgages
  • High yield mortgages
  • Secured debt

Infrastructure

CA$13B in assets under management
(as of March 31, 2024)

Equity

  • Core
  • Value add
  • Renewables

Information as of March 31, 2024, and in U.S. dollar terms unless otherwise stated. Data include unfunded commitments and cash for each relevant entity. AUM represents the assets managed for insurance clients on behalf of the SLC Management platform by each entity.

Bespoke solutions from a like-minded partner

Our client-centric solutions are constructed utilizing our broad global investment platform, sophisticated modeling and analytics tools, and our team’s in depth knowledge of the specialized needs of insurance companies, including the varied regulatory environments in which they operate.

Crafting customized investment portfolios for insurance companies

1.

Determine goals/objectives

2.

Understand and assess risk tolerance

3.

Estimate liquidity needs

4.

Identify and model portfolio constraints

5.

Incorporate regulatory and capital efficiency considerations

6.

Construct and monitor
portfolio

A rich history navigating the complexities of insurance portfolios across global regulatory regimes

Our experience working with more than 200 insurance companies across the globe gives us valuable insight into our clients and their unique operational and investment dynamics. We believe that our expertise in portfolio construction, risk management, credit analysis and deal sourcing leads to a highly differentiated and bespoke client experience.

Contact us for more information

About SLC Management

SLC Management is the brand name for the institutional asset management business of Sun Life Financial Inc. (“Sun Life”) under which Sun Life Capital Management (U.S.) LLC in the United States, and Sun Life Capital Management (Canada) Inc. in Canada operate.

Sun Life Capital Management (Canada) Inc. is a Canadian registered portfolio manager, investment fund manager, exempt market dealer and, in Ontario, a commodity trading manager. Sun Life Capital Management (U.S.) LLC is registered with the U.S. Securities and Exchange Commission as an investment adviser and is also a Commodity Trading Advisor and Commodity Pool Operator registered with the Commodity Futures Trading Commission under the Commodity Exchange Act and Members of the National Futures Association.

BentallGreenOak, InfraRed Capital Partners (InfraRed), Crescent Capital Group (Crescent) and Advisors Asset Management (AAM) are also part of SLC Management.

BentallGreenOak is a global real estate investment management advisor and a provider of real estate services. In the U.S., real estate mandates are offered by BentallGreenOak (U.S.) Limited Partnership, who is registered with the SEC as an investment adviser, or Sun Life Institutional Distributors (U.S.) LLC, an SEC registered broker-dealer and a member of the Financial Industry Regulatory Authority (“FINRA”). In Canada, real estate mandates are offered by BentallGreenOak (Canada) Limited Partnership, BGO Capital (Canada) Inc. or Sun Life Capital Management (Canada) Inc. BGO Capital (Canada) Inc. is a Canadian registered portfolio manager and exempt market dealer and is registered as an investment fund manager in British Columbia, Ontario and Quebec.

InfraRed Capital Partners is an international investment manager focused on infrastructure. Operating worldwide, InfraRed manages equity capital in multiple private and listed funds, primarily for institutional investors across the globe. InfraRed Capital Partners Ltd. is authorized and regulated in the UK by the Financial Conduct Authority.

Crescent Capital Group is a global alternative credit investment asset manager registered with the U.S. Securities and Exchange Commission as an investment adviser. Crescent provides private credit financing (including senior, unitranche and junior debt) to middle-market companies in the U.S. and Europe, and invests in high-yield bonds and broadly syndicated loans.

Securities will only be offered and sold in compliance with applicable securities laws.

AAM is an independent U.S. retail distribution firm that provides a range of solutions and products to financial advisors at wirehouses, registered investment advisors and independent broker-dealers.

Website content

The content of this website is intended for institutional investors only. It is not for retail use or distribution to individual investors. All investments involve risk including the possible loss of capital. This website is for informational and educational purposes only. Past performance is not a guarantee of future results.

The information contained in this website is not intended to provide specific financial, tax, investment, insurance, legal or accounting advice and should not be relied upon and does not constitute a specific offer to buy and/or sell securities, insurance or investment services. Investors should consult with their professional advisors before acting upon any information contained on this website. The assets under management (AUM) represent the combined AUM of Sun Life Capital Management (Canada) Inc., Sun Life Capital Management (U.S) LLC, BentallGreenOak, Crescent Capital Group, InfraRed Capital Partners and Advisors Asset Management.

AUM as of March 31, 2024. Total firm AUM includes approximately $32B in cash, other, unfunded commitments, and Advisors Asset Management equity. Total firm AUM excludes $38 billion in assets under administration by AAM.

Currency conversion rate: U$1.00: C$1.3245 as of March 31, 2024.

SLC Management Newsroom: SLC-20221101-2566004

UK Tax Strategy - InfraRed (UK) Holdco 2020 Limited

InfraRed (UK) Holdco 2020 Ltd is the UK holding company of InfraRed Partners LLP and a subsidiary of Sun Life (U.S.) Holdco 2020 Inc, which has its headquarters in the U.S. The company was incorporated to purchase InfraRed Partners LLP and acts solely as a passive holding company. The Tax Strategy for the InfraRed Holdco Group sets out our approach to the management of InfraRed Holdco Group UK tax affairs in supporting business activities in the UK.

This UK tax strategy is published in accordance with the requirements set out in Schedule 19 of Finance Act 2016. The strategy, which has been approved by the Board of Directors of InfraRed (UK) Holdco 2020 Ltd, is effective for the period ending 31 March 2024. It applies to InfraRed (UK) Holdco 2020 Ltd and its dormant subsidiary Sun Life (UK) Designated Member Ltd, referred to as the “InfraRed Holdco Group”.