42 Asset Management

What 42 Asset Management does

42 Asset Management is a New York-based, insurance-focused asset management firm founded in 2025 by Colbey Arden and Bryan Robertson under the legal entity 42 AM, LLC. The firm provides customized reinsurance and outsourced asset management solutions to life and annuity insurers, delivering investment-grade fixed income and alternative investment strategies across senior lending, asset-based finance, liquid credit, structured products, and commercial real estate mortgages. Its core products include Outsourced Asset Management Solutions (liability matching, capital-efficient alternatives, strategic asset allocation), Reinsurance Transactions (structured reinsurance design, fronting/retrocession solutions), Investment Grade Senior Loans (middle-market lending with conservative leverage), and Rated Note Feeder Equity (structured note strategies).

The firm operates a partnership-driven platform that combines proprietary origination with a network of more than 60 institutional investment managers and family office relationships (including a December 2025 alliance with White Bay Group and an April 2026 alliance with MP Real Estate Capital) to deliver scalable solutions to insurance counterparties. The investment team consists of the two co-founders, one Vice President (Michael Dhom), two junior team members (Investment Analyst Charlotte Fink and Investment Associate Rose Myer), and four Senior Advisors, supplemented by the institutional partner network.

Revenue is generated through asset management fees on insurance AUM, with pricing negotiated directly with institutional clients based on assets under management and the complexity of solutions provided. The go-to-market combines direct enterprise field sales targeting insurance executives, CFOs, and investment teams with channel-driven origination through strategic partners. Geographic focus is currently North America. The firm is privately held and independently owned by its founders, with a single disclosed seed funding round of $2.76M in September 2025.

Name

42 Asset Management

Legal name

42 AM, LLC

Website

https://42am.com

Company type

Private

Founded year

2025

Operating status

Operating

Headcount range

1–10 employees

Short description

42 Asset Management is a New York-based, insurance-focused asset management firm founded in 2025 that provides customized reinsurance and outsourced fixed income investment solutions for life and annuity insurers via a partnership-driven platform.

Ownership category

akta.pro rank

Product category

Insurance Asset Management

NAICS

Insurance Carriers (5241), Finance and Insurance (52)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Run-off / Legacy Treaty Reinsurance Portfolio Management (FSAOAJAE)

akta.pro secondary industries

Run-off / Legacy Life & Health Reinsurance Portfolio Management (FSAOAJAB), Reinsurance Run-off Acquisitions & Portfolio Transfers (LPT/Adverse Development Cover) (FSAOAJAH), Run-off Litigation, Dispute Resolution & Legacy Remediation (FSAOAJAN)

Keywords

• Insurance asset management
• Reinsurance solutions
• Fixed income investments
• Annuity portfolio management
• Liability driven investing

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Asset Management Fees: Fees earned from managing insurance assets under management (AUM), including outsourced asset management solutions, reinsurance transactions, and investment portfolio management for life and annuity insurers.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels2 records

Core offering

42 Asset Management provides outsourced asset management and reinsurance solutions tailored for life and annuity insurers. Its offerings include liability-matched fixed income portfolios, investment-grade senior loans, structured products, and asset-aligned reinsurance execution delivered through a platform that combines proprietary origination with a network of more than 60 institutional investment partners.

Product overview

42 Asset Management operates as a specialized insurance-focused asset management platform offering a comprehensive suite of fixed income and alternative investment solutions for life and annuity insurers. The platform is built on a partnership-driven model combining proprietary origination with partnerships across 60+ institutional managers. The core product offerings include: Outsourced Asset Management Solutions (liability matching, capital-efficient alternatives, strategic asset allocation), Reinsurance Transactions (structured reinsurance, fronting/retrocession solutions), Investment Grade Senior Loans (middle market lending with conservative leverage), and Rated Note Feeder Equity (structured note strategies). All offerings target investment-grade assets designed to enhance yield and capital efficiency for insurance balance sheets.

Differentiator

Problem solved

Functional benefit

Products and services

• Outsourced Asset Management Solutions
• Reinsurance Transactions
• Investment Grade Senior Loans
• Rated Note Feeder Equity

Quantifiable outcome

• $4 billion in assets under management deployed across reinsurance transactions
• +1 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Two partnerships are on record, tiered core.

• MP Real Estate CapitalcoreStrategic or Co-development Partner · 1 April 2026Partnership to enhance commercial real estate mortgage originations targeted at insurers. The collaboration aims to meet growing demand from insurers for well-structured, investment-grade loans with focus on resilience and risk-adjusted returns. Aligns platforms' strengths to deliver scalable pipeline of CRE mortgage assets.
• White Bay GroupcoreStrategic or Co-development Partner · 16 December 2025Long-term partnership providing insurance-focused asset management solutions tailored for annuity-focused insurers. Collaboration supports insurers' growth by offering diversified fixed income assets and enhancing portfolio construction. Targets mid-cap insurers seeking to scale policy issuance while delivering competitive crediting rates. Aims to expand scalable investment platform for insurance assets under management.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Conning & Company: Insurance-focused asset manager providing outsourced investment management, risk modeling, and capital markets solutions to life and annuity insurers. Closely comparable business model, customer base, and product set to 42 AM.
• New England Asset Management (NEAM): Subsidiary of NLC Insurance Companies specializing in investment management solutions for insurance balance sheets, including general account, surplus, and capital solutions. Directly comparable insurance-vertical asset manager.
• Phoenix Merchant Partners: Specialist credit and reinsurance investment platform where both 42 AM founders previously held senior roles (Arden as Partner/MD and Robertson as Portfolio Manager). Operates in the same insurance credit and reinsurance transaction space.

Broad incumbents

• Apollo Insurance Solutions: Division of Apollo Global Management focused on insurance balance sheet solutions, reinsurance platforms (Athene), and asset-intensive insurance investments. Overlaps directly with 42 AM's life/annuity focus but operates at vastly greater scale and balance sheet.
• KKR Insurance Group: KKR's insurance-focused investment platform (including Global Atlantic) providing general account asset management, reinsurance, and insurance solutions. Competes for similar life/annuity mandates with materially larger resources.
• Brookfield Reinsurance: Public reinsurance and insurance services platform offering capital solutions, reinsurance transactions, and asset management to insurers and pension plans. A broad incumbent in the same reinsurance and insurance investment space.
• Enstar Group: Specialty insurance and reinsurance acquirer and run-off manager, with growing insurance investment management capabilities. Comparable in its reinsurance and insurance balance sheet focus though broader in scope.
• PGIM Fixed Income: Large-scale fixed income asset manager within Prudential's PGIM, with dedicated insurance general account capabilities. A broad incumbent competing for outsourced fixed income mandates from insurers.
• Voya Investment Management: Insurance-affiliated asset manager spun out from ING, with deep relationships across life/annuity insurers and a broad fixed income and alternatives platform. A broad incumbent in the insurance asset management space.

Emerging players

• Crestline Investors: Multi-strategy alternative credit and structured products manager serving institutional and insurance clients. Comparable in offering structured credit and insurance-balance-sheet products though with broader mandates.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/42-asset-management

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 42 Asset Management