MetLife Investment Management, LLC

MetLife Investment Management (MIM) enables insurance companies to leverage the 150-year history of our parent, MetLife, Inc., and partner together to invest on their behalves. MIM has a long track record of investing for insurance companies globally; we combine this experience with a client-centric approach and deep asset class expertise. Focused on managing private debt, real estate and public fixed income, we aim to create customized portfolio solutions across the risk spectrum, including income oriented, constrained portfolios as well as total return strategies. We listen first, strategize second, and collaborate constantly to meet clients’ long-term investment objectives.

2019 YE — All values in USD billionsDefinitions

Firm Information

AUM, Firm Distribution

Insurance GenAcct 3rd PartyInsurance GenAcct AffilInsurance SepAcctAll Other FirmAUMTotal Firm AUM73.241457.469.389600.03
MetLife Investment Management, LLC

www.metlife.com/investments
One MetLife Way, Whippany, New Jersey 07981

Nela D’Agosta
Managing Director- Global Head, Insurance and Banking
ndagosta@metlife.com
973-355-4528

Service Offerings & Client Profiles

Insurer Services
Investment Accounting OutsourcingNALM PartneringY
Customized Portfolio ReportingYRegulatory AssistanceY
Insurance Client Web PortalNStrategic Asset Allocation AdviceY
Peer AnalyticsYTactical Asset Alloc / Multi-Asset Portfolio MgtY
Capital Modelling & ManagementYInsurance Client ConferencesY
Income & Cash Flow ProjectionsYESG Specific Products Placed with InsurersN

Client Type Count

Life HealthPropertyCasualtyReinsurance(All Lines)Multi-LineOtherTotal ClientCount38221676

Client Relationship Size

<$250mn$250mn – $1bn$1 – $5bn5 – $10bn>$10bn38231212

AUM Summary

3rd Party General Account Public Private Total
Fixed Income15.08846.12961.217
Equities10.8491.17512.024
Total25.93747.30473.241
Firm Public Private Total
Fixed Income354.157193.854548.011
Equities28.44123.57852.019
Total382.598217.432600.03
Regions 3P-GA Firm
N America67.983583.42
Europe & UK3.38810.08
APAC1.2421.408
Offshore0.62.746
Other0.0282.376

AUM Details

Public Fixed Income 3P-GA Firm
Cash/Short-Term23.601
Governments & Agencies116.088
Corporates0.662109.746
Municipals, Tax-Preferenced
Municipals, Taxable13.6
Securitized – RMBS34.57
Securitized – All Other5.52520.343
Convertibles
High Yield1.0427.728
Bank/Leveraged Loans0.7075.821
CLOs7.974
Emerging Markets – Sovereigns1.6037.13
Emerging Markets – Corporates7.556
Other5.549
Public Equities 3P-GA Firm
Large Cap
Mid Cap
Small Cap
Global Developed Markets
Emerging Markets
Quant/Smart Beta
Mkt Neutral / Long-Short / Liquid Alts
Dividend-Tilt
Passive SMAs
Other10.84928.441
Private Fixed Income 3P-GA Firm
Private Placements – Traditional24.6860.157
Corporate – Middle Market0.0710.871
RE – CMLs17.60268.172
RE – All Other Debt38.126
Infrastructure Debt1.68425.569
Structured
High Yield
Other2.0920.959
Private Equity, Equity Alts 3P-GA Firm
PE / VC
RE Equity0.59723.578
Infrastructure Equity
Hedge Funds
Other0.578

Notes
Public FI, 3P-GA, Other includes: $2.6bn in FI Index AUM, $1.8bn in Insurance Advisory Multi-Sector, $0.8bn in Short-Term, and $0.4bn in Intermediate Duration