Corebridge Institutional Investments (u.s.), LLC

Corebridge Institutional Investments (U.S.), LLC, a registered investment adviser, is a subsidiary of Corebridge Financial, Inc., specializing in private credit investments. Established in 2009, the firm manages approximately $112 billion in regulatory assets under management as of December 31, 2024. Corebridge offers discretionary investment advice and asset management services to institutional clients, focusing on various investment strategies such as commercial real estate debt, residential mortgage lending, real estate equity, public fixed income, private credit, and alternatives & equities. The firm charges management fees based on the client's pro rata portion of total budgeted operating costs. Corebridge provides investment analysis focusing on credit quality, structure, and pricing, with an emphasis on risk-adjusted returns. The firm's investment philosophy includes a fundamentals-based underwriting approach for illiquid credit instruments. Corebridge also discloses potential risks associated with investments, such as asset allocation risk, borrowing risk, and currency risk. Regarding brokerage practices, the firm prioritizes best execution for clients, selecting broker-dealers based on their capabilities and services rather than solely on commission rates. Corebridge does not engage in soft dollar arrangements and follows strict policies for trade aggregation, allocation, and correction. The firm's compliance and risk management teams conduct regular reviews of client accounts, ensuring alignment with investment objectives and strategy parameters. Corebridge does not maintain custody of client funds and exercises full investment discretion as granted by clients. The firm also handles proxy voting for client securities and maintains a strong financial position to meet contractual commitments. For more information, clients can contact the Chief Compliance Officer, Matthew Slomienski.