Voya Financial Reports $360 Billion in Assets Under Management as of June 30, 2025.

Voya Financial reported $360 billion in assets under management as of June 30, 2025, including equity, fixed income, and alternative assets. The company's robust market presence may impact operational strategies and stakeholder interests. Analysts rate Voya Financial's stock as a Hold with a $76.00 price target. Voya Financial operates in the financial services industry, providing investment management services for institutional and retail clients.

Voya Financial, a leading retirement services provider, has partnered with Blue Owl Capital to develop private markets investment products for all-in-one target date funds in employer-sponsored retirement savings plans. This strategic collaboration aims to provide retirement plan participants with access to a broader range of investment opportunities, thereby enhancing their portfolios' resilience and optimizing retirement outcomes.

The partnership focuses initially on collective investment trusts (CITs), which grant access to private equity, credit, real estate, and infrastructure investments. These CITs will be available through advisor-managed accounts on Voya's retirement platform and through target date solutions managed by Voya Investment Management. As the markets for these products evolve, Blue Owl and Voya will collaborate to develop retirement-focused private investment solutions accessible through third-party retirement platforms and target date account providers [1].

Voya Financial, with over 39,000 U.S. employers and nine million retirement plan participants, holds more than $630 billion in defined contribution assets on its retirement platform. Blue Owl, with nearly 150,000 investors globally, is a global leader in bringing premier private markets solutions to the private wealth channel. Together, they aim to address the growing demand for alternative investment solutions within retirement portfolios.

However, the integration of private market investments into 401(k) plans has faced scrutiny. Empower, the nation’s second largest 401(k) plan provider, launched a similar initiative in May, which has since been criticized by Senator Elizabeth Warren (D-MA) due to potential investment risks. Empower's CEO, Edmund F. Murphy III, responded to Warren's concerns, stating that the company aims to provide carefully structured access to private markets. Despite this, Warren has requested further clarification on the safeguards in place to protect plan participants [1].

In a similar move, BlackRock, another major player in the asset management business, announced a new private market partnership in June. BlackRock partnered with Great Gray Trust Company to provide a target date solution with a 5%-to-20% allocation to private investments by the first half of 2026. This initiative highlights the expanding retirement landscape and the potential for stronger long-term returns through private market assets [1].

The partnership between Voya Financial and Blue Owl Capital underscores the industry's shift towards incorporating private market investments into retirement plans. As the market for these products continues to evolve, the collaboration will likely lead to innovative solutions that cater to the diverse needs of retirement plan participants.

References:
[1] https://www.benefitspro.com/2025/07/17/voya-blue-owl-team-up-to-offer-private-market-investments-for-401k-plans/?amp=1