Venerable

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Venerable company description

Venerable is a privately held company with business operations based in West Chester, PA, Des Moines, IA, Houston, TX, and New York, NY. Venerable owns and manages legacy variable annuity business, including variable annuities acquired from other entities. Created by an investor group led by affiliates of Apollo Global Management, Inc., Crestview Partners, Reverence Capital Partners, and Athene Holding Ltd., Venerable is a business with well-established, strategic investors, experienced in successfully building and growing insurance businesses with patient, long-term capital. Venerable Investment Advisers, LLC was established in 2023 and SunAmerica Asset Management, LLC was acquired in 2026. Both entities have overall responsibility for the management of mutual funds underlying the variable annuity businesses of Venerable Insurance and Annuity Company and Corebridge, respectively.