Venerable to Merge $4.5B of Guardian Separate Account Assets into Funds

The transition of assets to SunAmerica Asset Management “feels like the next step in the evolution of this market,” as private equity firms and private equity-backed companies have backstopped firms that have been acquiring annuity books of business, according to Craig Kilgallen, director of relationship development at FUSE Research.

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Article published on July 23, 2026.