Alternative Investing Through Private Placement Life Insurance and Variable Annuities (Wells Fargo)

Highlights from Wells Fargo Prime Services’ On the Horizon Conference Series



Wendy Beer, Director, Head of Business Consulting, Wells Fargo Prime Services

  • Wells Fargo Prime Services


Investing in alternative asset managers through Private Placement Insurance products – PPLI (Life Insurance) or PPVA (Variable Annuities) – through Insurance Dedicated Funds (“IDFs”) is a growing trend in tax-sensitive investing. Managers have found that these fund structures may help attract incremental AUM due to certain tax features and may provide clients with investment returns that accumulate on a tax-deferred basis (through variable annuities) or are fully exempt from income tax (via life insurance).