Venerable is pleased to announce the appointment of Michal Levy to President of Venerable Investment Advisers, LLC (VIA) and SunAmerica Asset Management, LLC (SAAMCo), reporting to Miles Kaschalk, Head of Corporate Development.
In this role, Ms. Levy will manage approximately $52bn in assets under management and oversee all aspects of Venerable’s investment adviser business, including strategy, product development, sub-adviser relations and oversight, fund administration, operations, and fund board relations. Since joining Venerable in 2023, she has served as Head of VIA, playing an instrumental role in the establishment and growth of the investment adviser, along with the acquisition of SAAMCo earlier this year.
In her prior role as President of Equitable Investment Management, Ms. Levy was responsible for approximately $110bn of assets under management across more than 120 investment options. She also spent a portion of her career at Duff & Phelps (formerly Standard & Poors Corporate Value Consulting) and Putnam Investments in a variety of asset management, strategy, and business development roles.
“Michal is perfectly suited to take on oversight of our investment advisers, driving efficiencies within and across the organizations and ensuring their capabilities align to Venerable’s growth aspirations,” said Miles Kaschalk, Head of Corporate Development. “Her leadership and expertise will be a tremendous asset to this critically important part of our business and to our overall corporate strategy.”
Ms. Levy holds a Bachelor of Science in Finance and General Business with International Option from the University of Maryland and is a CFA Charterholder.
About Venerable
Venerable is a privately held company with business operations based in West Chester, Pennsylvania, Des Moines, Iowa and New York, NY. Venerable owns and manages legacy variable annuity business, including variable annuities acquired from other entities. Created by an investor group led by affiliates of Apollo Global Management, Inc., Crestview Partners, Reverence Capital Partners, and Athene Holding Ltd., Venerable is a business with well-established, strategic investors, experienced in successfully building and growing insurance businesses with patient, long-term capital.
Venerable Investment Advisers, LLC was established in 2023 and SunAmerica Asset Management, LLC was acquired in 2026. Both entities have overall responsibility for the management of mutual funds underlying the variable annuity businesses of Venerable Insurance and Annuity Company and Corebridge, respectively.
For more information, please visit www.venerable.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260429378051/en/
Contacts
Venerable
Allison Proud
Corporate Communications
(610) 249-9730












