Form 485BPOS TRANSAMERICA VARIABLE
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As filed with the Securities and Exchange Commission on December 6, 2022
Registration No. | 33-73734 | |||
811-08264 |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM N-4
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
Pre-Effective Amendment No.
Post-Effective Amendment No. 49
and
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF
1940
Amendment No. 49
TRANSAMERICA VARIABLE FUNDS
(Exact Name of Registrant)
TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY
(Name of Depositor)
440 Mamaroneck Avenue
Harrison, NY 10528
(Address of Depositors Principal Executive Offices)
Depositors Telephone Number: (914) 627-3000
Brian Stallworth, Esquire
Transamerica Financial Life Insurance Company
c/o Office of the General Counsel
440 Mamaroneck Avenue
Harrison, NY 10528
Brian Stallworth, Esquire
Transamerica Retirement Solutions
1801 California St., Suite 5200
Denver, CO 80202
(Name and Address of Agent for Service)
It is proposed that this filing become effective:
immediately upon filing pursuant to paragraph (b)
X on December 8, 2022 pursuant to paragraph (b)
60 days after filing pursuant to paragraph (a)(1)
on (date) pursuant to paragraph (a)(1)
If appropriate, check the following box:
This post-effective amendment designates a new effective date for a previously filed post-effective amendment.
Registrant is filing this post-effective amendment (the Amendment) for the purpose of adding a supplement to the prospectus dated May 1, 2022 for the Transamerica Variable Funds contract included in the Registration Statement. The Amendment is not intended to amend or delete any part of the Registration Statement, except as specifically noted herein. Parts A and B filed in Post-Effective Amendment No .47 to the Registration Statement (File No. 33-73734) and Amendment No.47 to the Registration Statement (File No. 811-08264) are hereby incorporated by reference to the extent required by applicable law.
TRANSAMERICA VARIABLE FUNDS
TRANSAMERICA ASSET ALLOCATION VARIABLE FUNDS
GROUP VARIABLE ANNUITY CONTRACTS
Sections 401(a), 401(k), 403(b), 408(IRA), 457 and NQDC
Issued By
TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY (TFLIC)
Supplement dated December 8, 2022
to the
Prospectus dated May 1, 2022
Horizon Subaccounts. On June 28, 2022, the Managing Board of the Transamerica Asset Allocation Variable Funds considered and approved the liquidation and dissolution (Liquidation) of the Short Horizon Subaccount, the Intermediate Horizon Subaccount and the Intermediate/Long Horizon Subaccounts (each a Horizon Subaccount and collectively, the Horizon Subaccounts). Contract owners holding units in the Horizon Subaccounts were advised of their options with respect their interest in the Horizon Subaccounts through a series of notices sent before and after the Liquidation. The Horizon Subaccounts were liquidated on October 28, 2022 and are no longer available investment options under the Contract.
Transamerica Intermediate Bond Subaccount. On November 1, 2022, the Transamerica Intermediate Bond Fund changed its name to the Transamerica Core Bond Fund. The name of the Subaccount has changed to the Transamerica Core Bond Subaccount.
Addition of New Subaccount. On December 8, 2022, the Transamerica Short Term Bond Subaccount was made available as a new subaccount under the Contract. The Transamerica Short Term Bond Subaccount invests in the Transamerica Short Term Bond Fund Class I3 shares (STB Fund). The STB Fund is advised by Transamerica Asset Management, Inc. and is subadvised by Aegon Asset Management LLC. The STB Funds principal investment objective is to seek to provide a high risk-adjusted return while focusing on preservation of capital.
Merger of Underlying Funds. On November 11, 2022, the shareholders of the Transamerica High Quality Bond Fund (HQB Fund) approved the merger of the HQB Fund with an into the STB Fund (Merger). Contract owners holding units in the Transamerica High Quality Bond Subaccount (Existing Subaccount) as of the record date (August 19, 2022) received proxy materials regarding the Merger and were entitled to provide voting instructions to TFLIC whether to approve or reject the Merger. The closing date of the Merger is expected to occur on or about December 9, 2022 (Closing Date). On the Closing Date, Contract owners holding units of the Existing Subaccount will receive units of the Transamerica Short Term Bond Subaccount (New Subaccount) having the same aggregate value as their units in the Existing Subaccount on such date. After the Closing Date, Contract owners with standing instructions to allocate contributions into the Existing Subaccount will be directed to the New Subaccount. Contract owners receiving units in the New Subaccount may transfer those units to other investment options under the Contract at any time without penalty.
Updated Appendix. Effective December 8, 2022, based on changes to the underlying portfolios described above, the Appendix-Portfolio Company/Investment Options Available Under Your Contract will be revised as indicated below.
Appendix- Portfolio Companies/Investment Options Available Under The Contract
The following is a list of current Portfolio Companies/Investment Options available under the Contract which are subject to change as discussed in this prospectus. Depending on the separate account of your Contract, you may not be able to invest in certain Portfolio Companies/Investment Options. Not all investment options listed in this prospectus may be available to you. Please refer to your employers plan documents for a list of Portfolio Companies/Investment Options that are available in your Plan.
More information about the Portfolio Companies/Investment Option is available in the prospectuses for the Portfolio Companies/Investment Options, which may be amended from time to time and can be found online at www.trsretire.com. You can also request this information at no cost by calling our Administrative Office at 1-(800) 755-5801.
The current expenses and performance below reflects fee and expenses of the Portfolio Companies/Investment Options, but do not reflect the other fees and expenses that your Contract may charge. Expenses would be higher and performance would be lower if these other charges were included. Each Portfolio Companies/Investment Options past performance is not necessarily an indication of future performance.
Type/ Investment |
Portfolio Company/ Investment Option and Adviser/Subadviser(14) |
Current Expenses |
Average Annual Total Returns (as of 12/31/2021) | |||||||
1 Year | 5 Years | 10 Years | ||||||||
Transamerica Variable Funds | ||||||||||
Money Market | Transamerica Government Money Market1 Sub-Adviser: BlackRock Investment Management, LLC |
0.06% | 0.03% | 0.29% | 0.14% | |||||
Bond | Transamerica Short Term Bond2, 13 Sub-Adviser: Aegon USA Investment Management, LLC |
0.41% | N/A | N/A | N/A | |||||
High Yield Bond5 Sub-Adviser: Aegon USA Investment Management, LLC |
0.60% | 5.03% | 4.60% | 5.29% | ||||||
Transamerica Inflation-Protected Securities3 Sub-Adviser: PineBridge Investments LLC |
0.49% | 3.62% | 3.61% | 1.55% | ||||||
Transamerica Core Bond, 12 Sub-Adviser: Aegon USA Investment Management, LLC |
0.41% | -2.02% | 2.67% | 2.50% | ||||||
Allocation | Transamerica Balanced II6 Sub-Adviser: Aegon USA Investment Management, LLC |
0.58% | 15.78% | 11.52% | 10.24% | |||||
U.S. Equity | Transamerica Large Value Opportunities7 Sub-Adviser: PineBridge Investments LLC |
0.49% | 27.46% | 9.54% | 11.23% | |||||
Transamerica Large Core8 Sub-Adviser: PineBridge Investments LLC |
0.51% | 28.33% | 15.78% | 14.64% | ||||||
Transamerica Large Growth9 Sub-Adviser: Morgan Stanley Investment Management Inc. |
0.69% | 8.77% | 26.33% | 19.19% | ||||||
Transamerica Small Cap Growth10 Sub-Adviser: Ranger Investment Management, L.P |
0.99% | 16.55% | N/A | N/A | ||||||
Transamerica Small Cap Value 10 Sub-Adviser: Peregrine Capital Management, LLC |
0.83% | 26.61% | N/A | N/A | ||||||
International Equity | Transamerica International Equity11 Sub-Adviser: Thompson, Siegel & Walmsley LLC |
0.75% | 12.04% | 7.49% | 5.27% | |||||
Multi-asset | Calvert VP SRI Balanced Portfolio Adviser: Calvert Research and Management |
0.63% | 13.87% | 11.31% | 9.32% |
Government Money Market: The 7-Day Yield was 0.00% as of December 31, 2021. The 7-Day Effective Yield was 0.00% as of December 31, 2021 |
(1) Total returns calculated for any period for the Government Money Market Subaccount reflect the performance of the Transamerica Partners Government Money Market Portfolio prior to October 13, 2017 and the performance of the Transamerica Government Money Market Fund thereafter. |
(2) Transamerica Short Term Bond was added effective 12/9/2022 and as of December 31, 2021 does not have any annualized total returns. |
(3) Total returns calculated for any period for the Inflation-Protected Subaccount reflect the performance of the Transamerica Partners Inflation-Protected Portfolio prior to April 21, 2017 and the performance of the Transamerica Inflation-Protected Fund thereafter. |
(4) Total returns calculated for any period for the Intermediate Bond Subaccount reflect the performance of the Transamerica Partners Core Bond Portfolio prior to March 24, 2017 and the performance of the Transamerica Intermediate Bond Fund thereafter. |
(5) Total returns calculated for any period for the High Yield Bond Subaccount reflect the performance of the Transamerica Partners High Yield Bond Portfolio prior to March 24, 2017 and the performance of the Transamerica High Yield Bond Fund thereafter. |
(6) Total returns calculated for any period for the Balanced II Subaccount reflect the performance of the Transamerica Partners Balanced Portfolio prior to September 15, 2017 and the performance of the Transamerica Balanced II Fund thereafter. |
(7) Total returns calculated for any period for the Large Value Opportunities Subaccount reflect the performance of the Transamerica Partners Large Value Portfolio prior to May 5, 2017 and the performance of the Transamerica Large Value Opportunities thereafter. |
(8) Total returns calculated for any period for the Large Core Subaccount reflect the performance of the Transamerica Partners Large Core Portfolio prior to March 10, 2017 and the performance of the Transamerica Large Core Fund thereafter. |
(9) Total returns calculated for any period for the Large Growth Subaccount reflect the performance of the Transamerica Partners Large Growth Portfolio prior to March 10, 2017 and the performance of the Transamerica Large Growth Fund thereafter. |
(10) Small Cap Growth and Small Cap Value were added effective 7/31/2020 and as of December 31, 2020 do not have any annualized total returns. |
(11) Total returns calculated for any period for the International Equity Subaccount reflect the performance of the Transamerica Partners International Equity Portfolio prior to March 10, 2017 and the performance of the Transamerica International Equity Fund thereafter. |
(12) Effective on November 1, 2022, Transamerica Intermediate Bond was renamed Transamerica Core Bond. |
(13) Effective on about December 9, 2022, Transamerica High Quality Bond Fund merged into Transamerica Short-Term Bond. |
(14) Some Portfolio Companies/Investment Options may not be available in all plans. Please contact your plan administrator for the available options. |
This Supplement updates certain information in the above referenced prospectuses (the Prospectuses). Except as indicated in this Supplement, all other information included in the Prospectuses remains unchanged. We will send you another copy of the applicable Prospectus or any supplement without charge upon request. Please contact our Administrative Office referenced in the Prospectus.
Please read this Supplement carefully and retain it for future reference.
PART C
OTHER INFORMATION
Item 27. Exhibits
Exhibit No: | Description | |||
(a) | Board of Directors Resolution | |||
(i) | Any form of Form N-4 exhibits previously filed with the Commission as part of Pre-Effective Amendment No. 1 dated July 7, 1994 to the Registrants N-4 Registration Statement, Registration No. 33-73734 under the Securities Act of 1933, are incorporated herein by reference. (P) | |||
(b) | Custodian Agreements. Not applicable | |||
(c) | Underwriting Contracts | |||
(c) | (i) | Underwriting Agreement with Transamerica Capital, Inc. (i) | ||
(d) | Contracts | |||
(i) | Any form of Form N-4 exhibits previously filed with the Commission as part of Pre-Effective Amendment No. 1 dated July 7, 1994 to the Registrants N-4 Registration Statement, Registration No. 33-73734 under the Securities Act of 1933, are incorporated herein by reference. (P) | |||
(e) | Applications | |||
(i) | Any form of Form N-4 exhibits previously filed with the Commission as part of Pre-Effective Amendment No. 1 dated July 7, 1994 to the Registrants N-4 Registration Statement, Registration No. 33-73734 under the Securities Act of 1933, are incorporated herein by reference. (P) | |||
(f) | Depositors Certificate of Incorporation and By-laws | |||
(i) | Any form of Form N-4 exhibits previously filed with the Commission as part of Pre-Effective Amendment No. 1 dated July 7, 1994 to the Registrants N-4 Registration Statement, Registration No. 33-73734 under the Securities Act of 1933, are incorporated herein by reference. (P) | |||
(g) | Reinsurance Contracts. Not applicable | |||
(h) | Participation Agreements | |||
(i) | Any form of Form N-4 exhibits previously filed with the Commission as part of Pre-Effective Amendment No. 1 dated July 7, 1994 to the Registrants N-4 Registration Statement, Registration No. 33-73734 under the Securities Act of 1933, are incorporated herein by reference. (P) | |||
(i) | Administrative Contracts. | |||
(i) | Any form of Form N-4 exhibits previously filed with the Commission as part of Pre-Effective Amendment No. 1 dated July 7, 1994 to the Registrants N-4 Registration Statement, Registration No. 33-73734 under the Securities Act of 1933, are incorporated herein by reference. (P) | |||
(j) | Other Material Contracts. Not applicable. | |||
(k) | Legal Opinion | |||
(i) | Opinion and Consent of Counsel. Filed Herewith. | |||
(l) | Other Opinions | |||
(i) | Consent of Independent Registered Public Accounting Firm. Filed Herewith. | |||
(m) | Omitted Financial Statements. Not applicable | |||
(n) | Initial Capital Agreements. Not applicable | |||
(o) | Form of Initial Summary Prospectuses. Not applicable. |
(p) | Powers of Attorney. Filed Herewith | |||
Note | ||||
(1) | Incorporated herein by reference to the Post-Effective Amendment No. 30 to Form N-4 (File No. 33-73734) filed on February 28, 2008. | |||
Item 28. Directors and Officers of the Depositor (Transamerica Financial Life Insurance Company)
Name and Business Address | Principal Positions and Offices with Depositor | |
Jamie Ohl 1801 California St. Suite 5200 Denver, CO 80202 |
President and Chief Executive Officer, Individual Solutions Division | |
Bonnie T. Gerst 6400 C Street SW Cedar Rapids, IA 52499 |
Director and Chairman of the Board | |
Christopher S. Fleming 100 Light Street Baltimore, MD 21202 |
Director and Chief Operating Officer, Individual Solutions | |
Gregory E. Miller-Breetz 100 Light Street Baltimore, MD 21202 |
Director and Secretary and Senior Vice President | |
Matt Kepler 100 Light Street Baltimore, MD 21202 |
Chief Financial Officer, Executive Vice President and Treasurer | |
Zachary Harris 6400 C Street SW Cedar Rapids, IA 52499 |
Director, Chief Operating Officer, Workplace Solutions Division | |
Wendy E. Cooper 245 East 93 Street New York, NY 10128 |
Director | |
Anne C. Kronenberg 187 Guard Hill Road Bedford Corner, NY 10549 |
Director | |
June Yuson 245 East 93rd Street New York, NY 10128 |
Director |
Item 29. Persons Controlled by or under Common Control with the Depositor or Registrant.
ITEM 29 LISTING
Name | Jurisdiction of Incorporation |
Percent of Voting Securities Owned |
Business | |||
25 East 38th Street, LLC | Delaware | Sole Member: Yarra Rapids, LLC
|
Real estate investments | |||
239 West 20th Street, LLC | Delaware | Sole Member: Yarra Rapids, LLC
|
Real estate investments | |||
313 East 95th Street, LLC | Delaware | Sole Member: Yarra Rapids, LLC
|
Real estate investments | |||
319 East 95th Street, LLC | Delaware | Sole Member: Yarra Rapids, LLC
|
Real estate investments | |||
AEGON Affordable Housing Debt Fund I, LLC | Delaware | Members: AHDF Manager I, LLC (0.01%), Mangaging Member; Transamerica Life Insurance Company (5%); non-AEGON affiliates: Dominium Taxable Fund I, LLC (94.99%)
|
Affordable housing loans | |||
AEGON AM Funds, LLC | Delaware | AEGON USA Investment Management, LLC is the Manager; equity will be owned by clients/Investors of AEGON USA Investment Management, LLC
|
To serve as a fund for a client and offer flexilbility to accommodate other similarly situated clients. | |||
AEGON AM Private Equity Partners I, LLC | Delaware | Sole Member: AEGON USA Investment Management, LLC
|
Investments | |||
AEGON Asset Management Services, Inc. | Delaware | 100% AUSA Holding, LLC
|
Registered investment advisor | |||
Aegon Community Investments 50, LLC | Delaware | Members: Aegon Community Investments 50, LLC (0.10%); Transamerica Financial Life Insurance Company (25.49750%); Transamerica Life Insurance Company (25.49750%); non-AEGON affiliate, Citibank, N.A. (48.9950%)
|
Investments | |||
Aegon Community Investments 51, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments | |||
Aegon Community Investments 52, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments | |||
Aegon Community Investments 53, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments | |||
Aegon Community Investments 54, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments | |||
Aegon Community Investments 55, LLC | Delaware | Sole Member - Transamerica Life Insurance Company
|
Investments | |||
Aegon Community Investments 56, LLC | Delaware | Sole Member - Transamerica Life Insurance Company
|
Investments | |||
Aegon Community Investments 57, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments | |||
Aegon Community Investments 58, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments | |||
Aegon Community Investments 59, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments |
As of 6/30/2022 |
Page 1 |
ITEM 29 LISTING
Name | Jurisdiction of Incorporation |
Percent of Voting Securities Owned |
Business | |||
Aegon Community Investments 60, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments | |||
Aegon Community Investments 61, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments | |||
Aegon Community Investments 62, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments | |||
Aegon Community Investments 63, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments | |||
Aegon Community Investments 64, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments | |||
Aegon Community Investments 65, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments | |||
Aegon Community Investments 66, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments | |||
Aegon Community Investments 67, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments | |||
AEGON Direct Marketing Services, Inc. | Maryland | Transamerica Life Insurance Company owns 73.548%; Commonwealth General Corporation owns 26.452%
|
Marketing company | |||
AEGON Direct Marketing Services International, LLC | Maryland | 100% AUSA Holding, LLC | Marketing arm for sale of mass marketed insurance coverage
| |||
AEGON Direct Marketing Services Mexico, S.A. de C.V. |
Mexico | 100% AEGON DMS Holding B.V. | Provide management advisory and technical consultancy services.
| |||
AEGON Direct Marketing Services Mexico Servicios, S.A. de C.V. | Mexico | 100% AEGON DMS Holding B.V. | Provide marketing, trading, telemarketing and advertising services in favor of any third party, particularly in favor of insurance and reinsurance companies.
| |||
AEGON Energy Management, LLC | Delaware | Sole Member: AEGON USA Realty Advisors, LLC
|
Investments | |||
AEGON Financial Services Group, Inc. | Minnesota | 100% Transamerica Life Insurance Company
|
Marketing | |||
AEGON Funding Company, LLC. | Delaware | Sole Member: Transamerica Corporation | Issue debt securities-net proceeds used to make loans to affiliates
| |||
Aegon Global Services, LLC | Iowa | Sole Member: Commonwealth General Corporation
|
Holding company | |||
AEGON Institutional Markets, Inc. | Delaware | 100% Commonwealth General Corporation | Provider of investment, marketing and administrative services to insurance companies
|
As of 6/30/2022 |
Page 2 |
ITEM 29 LISTING
Name | Jurisdiction of Incorporation |
Percent of Voting Securities Owned |
Business | |||
Aegon LIHTC Fund 50, LLC | Delaware | Members: Members: Managing Member - Aegon Community Investments 50, LLC (0%); Aegon LIHTC Fund 63, LLC (51.0049%); non- affiliate of AEGON, Citibank, N.A. (48.9951%)
|
Investments | |||
Aegon LIHTC Fund 51, LLC | Delaware | Members: Aegon Community Investments 51, LLC (.01%) as Managing Member; non-affiliate of AEGON, Citibank, N.A. (99.99%)
|
Investments | |||
Aegon LIHTC Fund 52, LLC | Delaware | Members: Transamerica Financial Life Insurance Company (10.18%); Transamerica Life Insurance Company (1%); Managing Member - Aegon Community Investments 52, LLC (0.01%); non-affiliates of AEGON, Citibank, N.A. (49%); California Bank & Trust (5.21%); Pacific West Bank (7.58%); Ally Bank (11.35%); US Bank (7.58%); Bank of the West (7.46%)
|
Investments | |||
Aegon LIHTC Fund 54, LLC | Delaware | Non-Member Manager Aegon Community Investments 54, LLC (0%); Members: non-affiliate of Aegon, FNBC Leasing Corporation (100%)
|
Investments | |||
Aegon LIHTC Fund 55, LLC | Delaware | Members: Managing Member - Aegon Community Investments 55, LLC (.01%); Transamerica Life Insurance Company (2.82%); non-affiliates of AEGON, Bank of Hope (14.26%); CMFG Life Insurance Company (9.72%); Citibank, N.A. (21.69%); ZB National Association (1.81%); Ally Bank (8.21%); U.S. Bancorp Community Development Corporation (22.10%); Lake City Bank (1.47%); The Guardian Life Insurance Company of America (10.45%); Minnesota Life Insurance Company (7.46%)
|
Investments | |||
Aegon LIHTC Fund 57, LLC | Delaware | Members: Managing Member - Aegon Community Investments 57, LLC (.01%); non-affiliate of AEGON, Bank of America, N.A. as Investor Member (99.99%)
|
Investments |
As of 6/30/2022 |
Page 3 |
ITEM 29 LISTING
Name | Jurisdiction of Incorporation |
Percent of Voting Securities Owned |
Business | |||
Aegon LIHTC Fund 58, LLC | Delaware | Members: Managing Member - Aegon Community Investments 58, LLC (0.01%); Transamerica Life Insurance Company (12%); non-affiliates of AEGON, Allstate Insurance Company (24%); Ally Bank (17%); CMFG Life Insurance Company (8.05%); Santander Bank, N.A. (22.25%); U.S. Bancorp Community Development Corporation (19.47%); Zions Bancorporation, N.A. (6.35%)
|
Investments | |||
Aegon LIHTC Fund 60, LLC | Delaware | Non-Member Manager Aegon Community Investments 60, LLC (0%); Member: non-affiliate of Aegon, FNBC Leasing Corporation (100%)
|
Investments | |||
Aegon LIHTC Fund 61, LLC | Delaware | Non-Member Manager Aegon Community Investments 61, LLC (0%); Members: non-affiliate of Aegon, HSBC Bank, N.A. (100%)\
|
Investments | |||
Aegon LIHTC Fund 62, LLC | Delaware | Non-Member Manager: Aegon Community Investments 62, LLC (.01%); non-affiliates of AEGON, Ally Bank (10.11%); Allstate (20.48%); Bank of the West (6.57%); Farm Bureau Property & Casualty (6.74%); Minnesota Life Insurance Company (6.74%); Santander Bank, N.A. (5.39%); State Street Bank and Trust Company (34.22%); U.S. Bancorp Community Development Corporation (6.57%); Zions Bancorporation, N.A. (3.17%)
|
Investments | |||
Aegon LIHTC Fund 63, LLC | Delaware | Non-Member Manager: Aegon Community Investments 63, LLC (0%); non-affiliate of AEGON, FNBC Leasing Corporation (100%)
|
Investments | |||
Aegon LIHTC Fund 64, LLC | Delaware | Sole Member: Aegon Community Investments 64, LLC |
Investments | |||
Aegon LIHTC Fund 65, LLC | Delaware | Members: Aegon Community Investments 65, LLC, Managing Member (.01%) and non-affiliate of AEGON, Bank of America, N.A., Investor Member (99.99%)
|
Investments | |||
Aegon LIHTC Fund 66, LLC | Delaware | Members: Aegon Community Investments 66, LLC (.01%); non- affiliates of AEGON, Bank of the West (49.995%) and Cedar Rapids Bank & Trust (49.995%)
|
Investments |
As of 6/30/2022 |
Page 4 |
ITEM 29 LISTING
Name | Jurisdiction of Incorporation |
Percent of Voting Securities Owned |
Business | |||
Aegon LIHTC Fund 67, LLC | Delaware | Non-Member Manager: Aegon Community Investments 67, LLC; Member: non-affiliate of AEGON: FNBC Leasing Corp (100%)
|
Investments | |||
Aegon Loan Opportunitities Partners, LLC | Delaware | Sole Member: AEGON USA Investment Management, LLC
|
Investments | |||
Aegon Loan Opportunitities Fund I, LP | Delaware | Sole Member: AEGON USA Investment Management, LLC
|
Investments | |||
AEGON Managed Enhanced Cash, LLC | Delaware | Sole Member: Tramsamerica Life Insurance Company
|
Investment vehicle for securities lending cash collateral | |||
AEGON Management Company | Indiana | 100% Transamerica Corporation
|
Holding company | |||
Aegon Multi-Family Equity Fund, LLC | Delaware | Members: Transamerica Life Insurance Company (20%); Transamerica Financial Life Insurance Company (5%); non-affiliate of AEGON: Landmark Real Estate Partners VIII, L.P. (72.1591%)
|
Investments | |||
Aegon Opportunity Zone Fund Joint Venture 1, LLC | Delaware | Sole Member: Aegon OZF Investments 1, LLC
|
Investments | |||
Aegon OZF Investments 1, LLC | Delaware | Sole Member: AEGON USA Realty Advisors, LLC
|
Investments | |||
Aegon Upstream Energy Fund, LLC | Delaware | Sole Member: AEGON Energy Management, LLC
|
Investments | |||
AEGON USA Asset Management Holding, LLC | Iowa | Sole Member: AUSA Holding, LLC
|
Holding company | |||
AEGON USA Investment Management, LLC | Iowa | Sole Member: AEGON USA Asset Management Holding, LLC
|
Investment advisor | |||
AEGON USA Real Estate Services, Inc. | Delaware | 100% AEGON USA Realty Advisors, Inc.
|
Real estate and mortgage holding company | |||
AEGON USA Realty Advisors, LLC | Iowa | Sole Member: AEGON USA Asset Management Holding, LLC
|
Administrative and investment services | |||
AEGON USA Realty Advisors of California, Inc.
|
Iowa | 100% AEGON USA Realty Advisors, Inc. | Investments | |||
Aegon Workforce Housing Boynton Place REIT, LLC | Delaware | Sole Member: Aegon Worforce Housing Separate Account 1, LLC
|
Multifamily private equity structure with third- party Investor | |||
Aegon Workforce Housing Fund 2 Holding Company, LLC | Delaware | Sole Member: Aegon Workforce Housing Fund 2, LP
|
Holding company | |||
Aegon Workforce Housing Fund 2 Holding Company B, LLC | Delaware | Sole Member: Aegon Workforce Housing Fund 2, LLC
|
Holding company | |||
Aegon Workforce Housing Fund 2 Holding Company C, LLC | Delaware | Sole Member: Aegon Workforce Housing Fund 2 Holding Company, LLC
|
Holding Company |
As of 6/30/2022 |
Page 5 |
ITEM 29 LISTING
Name | Jurisdiction of Incorporation |
Percent of Voting Securities Owned |
Business | |||
Aegon Workforce Housing Fund 2, LP | Delaware | General Partner is AWHF2 General Partner, LLC. Fund Partners: Transamerica Life Insurance Company (80%) and Transamerica Financial Life Insurance Company (20%)
|
Investments | |||
Aegon Workforce Housing Fund 3 Holding Company, LLC | Delaware | Sole Member: Aegon Workforce Housing Fund 3, LP
|
Holding company | |||
Aegon Workforce Housing Fund 3,LP | Delaware | General Partner is AWHF3 General Partner, LLC. Fund Partners: Transamerica Life Insurance Company (90%) and Transamerica Financial Life Insurance Company (10%)
|
Investments | |||
Aegon Workforce Housing JV 4A, LLC | Delaware | Members: Aegon Workforce Housing Fund 2 Holding Company, LLC (44.5%); non-affiliates of AEGON: Strategic Partners Real Estate VII Investments, L.P. (27.75%), Landmark Real Estate Partners VIII, L.P. (26.6988578%), NCL Investments II, L.P. (1.05111422%)
|
Investments | |||
Aegon Workforce Housing JV 4B, LLC | Delaware | Members: Aegon Workforce Housing Fund 2 Holding Company, LLC (25%); non-affiliates of AEGON: Strategic Partners Real Estate VII Investments, L.P. (37.5%), Landmark Real Estate Partners VIII, L.P. (36.0795375%), NCL Investments II, L.P. (1.4204625%)
|
Investments | |||
Aegon Workforce Housing JV 4C, LLC | Delaware | Members: Aegon Workforce Housing Fund 2 Holding Company, LLC (10%); non-affiliates of AEGON: Strategic Partners Real Estate VII Investments, L.P. (45%), Landmark Real Estate Partners VIII, L.P. (43.295445%), NCL Investments II, L.P. (1.704555%)
|
Investments | |||
Aegon Workforce Housing Park at Via Rosa REIT, LLC | Delaware | Sole Member: Aegon Worforce Housing Separate Account 1, LLC
|
Multifamily private equity structure with third- party Investor | |||
Aegon Workforce Housing Separate Account 1, LLC | Delaware | Members: Transamerica Life Insurance Company (20.08%); Transamerica Financial Life Insurance Company (4.170%); non-affiliates of AEGON: Lake Tahoe IV, L.P. (23.860%); Townsend RE Global Special Solutions, L.P. (10.230%); Townsend Real Estate Alpha Fund III, L.P. (40.910%). Member Manager: AWHSA Manager 1, LLC.
|
Multifamily private equity structure with third- party Investor | |||
AHDF Manager I, LLC | Delaware | Sole Member: AEGON USA Realty Advisors, LLC
|
Investments |
As of 6/30/2022 |
Page 6 |
ITEM 29 LISTING
Name | Jurisdiction of Incorporation |
Percent of Voting Securities Owned |
Business | |||
ALH Properties Eight LLC | Delaware | Sole Member: FGH USA LLC
|
Real estate | |||
ALH Properties Eleven LLC | Delaware | Sole Member: FGH USA LLC
|
Real estate | |||
ALH Properties Four LLC | Delaware | Sole Member: FGH USA LLC
|
Real estate | |||
ALH Properties Nine LLC | Delaware | Sole Member: FGH USA LLC
|
Real estate | |||
ALH Properties Seven LLC | Delaware | Sole Member: FGH USA LLC
|
Real estate | |||
ALH Properties Seventeen LLC | Delaware | Sole Member: FGH USA LLC
|
Real estate | |||
ALH Properties Sixteen LLC | Delaware | Sole Member: FGH USA LLC
|
Real estate | |||
ALH Properties Ten LLC | Delaware | Sole Member: FGH USA LLC
|
Real estate | |||
ALH Properties Twelve LLC | Delaware | Sole Member: FGH USA LLC
|
Real estate | |||
ALH Properties Two LLC | Delaware | Sole Member: FGH USA LLC
|
Real estate | |||
AMFETF Manager, LLC | Delaware | Sole Member: AEGON USA Realty Advisors, LLC
|
Investments | |||
AMTAX HOLDINGS 308, LLC | Ohio | TAHP Fund II, LLC - 100% Member; TAH Pentagon Funds LLC - non-owner Manager
|
Affordable housing | |||
AMTAX HOLDINGS 388, LLC | Ohio | TAHP Fund II, LLC - 100% Member; TAH Pentagon Funds LLC - non-owner Manager
|
Affordable housing | |||
AMTAX HOLDINGS 483, LLC | Ohio | TAHP Fund I, LLC - 100% Member; TAH Pentagon Funds LLC - non-owner Manager
|
Affordable housing | |||
AMTAX HOLDINGS 559, LLC | Ohio | TAHP Fund I, LLC - 100% Member; TAH Pentagon Funds LLC - non-owner Manager
|
Affordable housing | |||
AMTAX HOLDINGS 561, LLC | Ohio | TAHP Fund VII, LLC - 100% Member; TAH Pentagon Funds LLC - non-owner Manager
|
Affordable housing | |||
AMTAX HOLDINGS 588, LLC | Ohio | TAHP Fund I, LLC - 100% Member; TAH Pentagon Funds LLC - non-owner Manager
|
Affordable housing | |||
AMTAX HOLDINGS 613, LLC | Ohio | Garnet LIHTC Fund VII, LLC - 99% Member; Cupples State LIHTC Investors, LLC - 1% Member; TAH Pentagon Funds, LLC - non-owner Manager
|
Affordable housing | |||
AMTAX HOLDINGS 639, LLC | Ohio | TAHP Fund I, LLC - 100% Member; TAH Pentagon Funds LLC - non-owner Manager
|
Affordable housing | |||
AMTAX HOLDINGS 649, LLC | Ohio | TAHP Fund I, LLC - 100% Member; TAH Pentagon Funds LLC - non-owner Manager
|
Affordable housing |
As of 6/30/2022 |
Page 7 |
ITEM 29 LISTING
Name | Jurisdiction of Incorporation |
Percent of Voting Securities Owned |
Business | |||
AMTAX HOLDINGS 672, LLC | Ohio | TAHP Fund I, LLC - 100% Member; TAH Pentagon Funds LLC - non-owner Manager
|
Affordable housing | |||
AMTAX HOLDINGS 713, LLC | Ohio | TAHP Fund II, LLC - 100% Member; TAH Pentagon Funds LLC - non-owner Manager
|
Affordable housing | |||
Apollo Housing Capital Arrowhead Gardens, LLC | Delaware | Sole Member: Garnet LIHTC Fund XXXV, LLC
|
Affordable housing | |||
APOP III, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments | |||
AUIM Credit Opportunities Fund, LLC | Delaware | Members: AEGON USA Invesmtent Management, LLC (98.36%); non- affiliate of AEGON (1.64%)
|
Investment vehicle | |||
AUSA Holding, LLC | Maryland | Sole Member: 100% Transamerica Corporation
|
Holding company | |||
AUSA Properties, Inc. | Iowa | 100% AEGON USA Realty Advisors, LLC
|
Own, operate and manage real estate | |||
AWHF2 General Partner, LLC | Delaware | Sole Member: AEGON USA Realty Advisors, LLC
|
Investments | |||
AWHF2 Subsidiary Holding Company C, LLC | Delaware | Sole Member: Aegon Workforce Housing Fund 2 Holding Company C, LLC
|
Holding Company | |||
AWHF3 General Partner, LLC | Delaware | Sole Member: AEGON USA Realty Advisors, LLC
|
Investments | |||
AWHJV4 Manager, LLC | Delaware | Member: AEGON USA Realty Advisors, LLC
|
Investments | |||
AWHSA Manager 1, LLC | Delaware | Sole Member: AEGON USA Realty Advisors, LLC
|
Multifamily private equity structure with third- party Investor | |||
Barfield Ranch Associates, LLC | Florida | Members: Mitigation Manager, LLC (50%); non-affiliate of AEGON, OBPFL- Barfield, LLC (50%)
|
Investments | |||
Bay State Community Investments II, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments in low income housing tax credit properties | |||
Carle Place Leasehold SPE, LLC | Delaware | Sole Member: Transamerica Financial Life Insurance Company
|
Lease holder | |||
Commonwealth General Corporation | Delaware | 100% Transamerica Corporation
|
Holding company | |||
Creditor Resources, Inc. | Michigan | 100% AUSA Holding, LLC
|
Credit insurance | |||
CRI Solutions Inc. | Maryland | 100% Creditor Resources, Inc.
|
Sales of reinsurance and credit insurance | |||
Cupples State LIHTC Investors, LLC | Delaware | Sole Member: Garnet LIHTC Fund VIII, LLC
|
Investments |
As of 6/30/2022 |
Page 8 |
ITEM 29 LISTING
Name | Jurisdiction of Incorporation |
Percent of Voting Securities Owned |
Business | |||
Equitable AgriFinance, LLC | Delaware | Members: AEGON USA Realty Advisors, LLC (50%); AXA Equitable Life Insurance Company, a non-affiliate of AEGON (50%)
|
Agriculturally-based real estate advisory services | |||
FD TLIC, Limited Liability Company | New York | 100% Transamerica Life Insurance Company
|
Broadway production | |||
FGH Realty Credit LLC | Delaware | Sole Member: FGH USA, LLC
|
Real estate | |||
FGH USA LLC | Delaware | Sole Member: RCC North America LLC
|
Real estate | |||
Fifth FGP LLC | Delaware | Sole Member: FGH USA LLC
|
Real estate | |||
Financial Planning Services, Inc. | District of Columbia | 100% Commonwealth General Corporation
|
Management services | |||
First FGP LLC | Delaware | Sole Member: FGH USA LLC
|
Real estate | |||
Fourth FGP LLC | Delaware | Sole Member: FGH USA LLC
|
Real estate | |||
FSBA AAM Strategic Fund I, LP | Delaware | Sole Member: Aegon AM Private Equity Parnters I, LLC
|
Investments | |||
Garnet Assurance Corporation | Kentucky | 100% Transamerica Life Insurance Company
|
Investments | |||
Garnet Assurance Corporation II | Iowa | 100% Commonwealth General Corporation
|
Business investments | |||
Garnet Assurance Corporation III | Iowa | 100% Transamerica Life Insurance Company
|
Business investments | |||
Garnet Community Investments, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments | |||
Garnet Community Investments IV, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments | |||
Garnet Community Investments V, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments | |||
Garnet Community Investments VI, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments | |||
Garnet Community Investments VII, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments | |||
Garnet Community Investments VIII, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments | |||
Garnet Community Investments IX, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments | |||
Garnet Community Investments X, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments | |||
Garnet Community Investments XI, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments |
As of 6/30/2022 |
Page 9 |
ITEM 29 LISTING
Name | Jurisdiction of Incorporation |
Percent of Voting Securities Owned |
Business | |||
Garnet Community Investments XII, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments | |||
Garnet Community Investments XVIII, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments | |||
Garnet Community Investments XX, LLC | Delaware | Sole Member - Transamerica Life Insurance Company
|
Investments | |||
Garnet Community Investments XXIV, LLC | Delaware | Sole Member - Transamerica Life Insurance Company
|
Investments | |||
Garnet Community Investments XXV, LLC | Delaware | Sole Member - Transamerica Life Insurance Company
|
Investments | |||
Garnet Community Investment XXVI, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments | |||
Garnet Community Investments XXVII, LLC | Delaware | Sole Member - Transamerica Life Insurance Company
|
Investments | |||
Garnet Community Investment XXVIII, LLC | Delaware | Sole Member - Transamerica Life Insurance Company
|
Investments | |||
Garnet Community Investments XXIX, LLC | Delaware | Sole Member - Transamerica Life Insurance Company
|
Investments | |||
Garnet Community Investments XXX, LLC | Delaware | Sole Member - Transamerica Life Insurance Company
|
Investments | |||
Garnet Community Investments XXXI, LLC | Delaware | Sole Member - Transamerica Life Insurance Company
|
Investments | |||
Garnet Community Investments XXXII, LLC | Delaware | Sole Member - Transamerica Life Insurance Company
|
Investments | |||
Garnet Community Investments XXXIII, LLC | Delaware | Sole Member - Transamerica Life Insurance Company
|
Investments | |||
Garnet Community Investments XXXIV, LLC | Delaware | Sole Member - Transamerica Life Insurance Company
|
Investments | |||
Garnet Community Investments XXXV, LLC | Delaware | Sole Member - Transamerica Life Insurance Company
|
Investments | |||
Garnet Community Investments XXXVI, LLC | Delaware | Sole Member - Transamerica Life Insurance Company
|
Investments | |||
Garnet Community Investments XXXVII, LLC | Delaware | Sole Member - Transamerica Life Insurance Company
|
Investments | |||
Garnet Community Investments XXXVIII, LLC | Delaware | Sole Member - Transamerica Life Insurance Company
|
Investments | |||
Garnet Community Investments XXXIX, LLC | Delaware | Sole Member - Transamerica Life Insurance Company
|
Investments | |||
Garnet Community Investments XL, LLC | Delaware | Sole Member - Transamerica Life Insurance Company
|
Investments |
As of 6/30/2022 |
Page 10 |
ITEM 29 LISTING
Name | Jurisdiction of Incorporation |
Percent of Voting Securities Owned |
Business | |||
Garnet Community Investments XLI, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments | |||
Garnet Community Investments XLII, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments | |||
Garnet Community Investments XLIII, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments | |||
Garnet Community Investments XLIV, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments | |||
Garnet Community Investments XLVI, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments | |||
Garnet Community Investments XLVII, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments | |||
Garnet Community Investments XLVIII, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments | |||
Garnet Community Investments XLIX, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments | |||
Garnet ITC Fund XLIII, LLC | Delaware | Members: Garnet Community Investments XLIII, LLC (0%) asset Manager: non-affiliate of AEGON, Solar TC Corp. (100%) Investor Member
|
Investments | |||
Garnet LIHTC Fund IV, LLC | Delaware | Members: Garnet Community Investments IV, LLC (99.99%); Transamerica Life Insurance Company (.01%)
|
Investments | |||
Garnet LIHTC Fund V, LLC | Delaware | Members: Garnet Community Investments V, LLC (99.99%); Transamerica Life Insurance Company (.01%)
|
Investments | |||
Garnet LIHTC Fund VI, LLC | Delaware | Members: Garnet Community Investments VI, LLC (99.99%); Transamerica Life Insurance Company (0.01%)
|
Investments | |||
Garnet LIHTC Fund VII, LLC | Delaware | Members: Garnet Community Investments VII, LLC (99.99%); Transamerica Life Insurance Company (.01%)
|
Investments | |||
Garnet LIHTC Fund VIII, LLC | Delaware | Members: Garnet Community Investments VIII, LLC (99.99%); Transamerica Life Insurance Company (0.01%)
|
Investments | |||
Garnet LIHTC Fund IX, LLC | Delaware | Members: Garnet Community Investments IX, LLC (99.99%); Transamerica Life Insurance Company (0.01%)
|
Investments |
As of 6/30/2022 |
Page 11 |
ITEM 29 LISTING
Name | Jurisdiction of Incorporation |
Percent of Voting Securities Owned |
Business | |||
Garnet LIHTC Fund X, LLC | Delaware | Members: Garnet Community Investments X, LLC (0.01%); Goldenrod Asset Management, a non- AEGON affiliate (99.99%)
|
Investments | |||
Garnet LIHTC Fund XI, LLC | Delaware | Members: Garnet Community Investments XI, LLC (99.99%) and Transamerica Life Insurance Company (0.01%)
|
Investments | |||
Garnet LIHTC Fund XII, LLC | Delaware | Members: Managing Member, Garnet Community Investments XII (.01%), Garnet LIHTC Fund XII-A, LLC (79.9%); Garnet LIHTC Fund XII-B (13.30%), Garnet LIHTC Fund XII-C (13.30%)
|
Investments | |||
Garnet LIHTC Fund XII-A, LLC | Delaware | Members: Garnet Community Investments XII, LLC (99.99%); Transamerica Life Insurance Company (0.01%)
|
Investments | |||
Garnet LIHTC Fund XII-B, LLC | Delaware | Members: Garnet Community Investments XII, LLC (99.99%) and Transamerica Life Insurance Company (.01%).
|
Investments | |||
Garnet LIHTC Fund XII-C, LLC | Delaware | Members: Garnet Community Investments XII, LLC (99.99%) and Transamerica Life Insurance Company (.01%)
|
Investments | |||
Garnet LIHTC Fund XIII, LLC | Delaware | Members: Managing Member, Garnet Community Investments .01%; Garnet LIHTC Fund XIII-A (68.10%); Garnet LIHTC Fund XIII-B (31.89%)
|
Investments | |||
Garnet LIHTC Fund XIII-A, LLC | Delaware | Members: Managing Member, Garnet Community Investments XIII, LLC (99.99%) and Transamerica Life Insurance Company (.01%)
|
Investments | |||
Garnet LIHTC Fund XIII-B, LLC | Delaware | Members: Managing Member, Garnet Community Investments XIII, LLC (99.99%) and Transamerica Life Insurance Company (.01%)
|
Investments | |||
Garnet LIHTC Fund XIV, LLC | Delaware | Members: Garnet Community Investments, LLC (99.99%) and Transamerica Life Insurance Company (.01%)
|
Investments | |||
Garnet LIHTC Fund XV, LLC | Delaware | Member: Transamerica Life Insurance Company (99.99%)
|
Investments | |||
Garnet LIHTC Fund XVI, LLC | Delaware | Members: Garnet Community Investments, LLC (0.01%); FNBC Leasing Corporation, a non-AEGON entity (99.99%)
|
Investments |
As of 6/30/2022 |
Page 12 |
ITEM 29 LISTING
Name | Jurisdiction of Incorporation |
Percent of Voting Securities Owned |
Business | |||
Garnet LIHTC Fund XVII, LLC | Delaware | Members: Garnet Community Investments, LLC (0.01%); Special Situations Investing Group II, LLC, a non-affiliate of AEGON (99.99%)
|
Investments | |||
Garnet LIHTC Fund XVIII, LLC | Delaware | Members: Garnet Community Investments XVIII, LLC (99.99%); Transamerica Life Insurance Company (.01%)
|
Investments | |||
Garnet LIHTC Fund XIX, LLC | Delaware | Members: Garnet Community Investments, LLC (0.01%); Bank of America, N.A., a non-AEGON affiliate (99.99%)
|
Investments | |||
Garnet LIHTC Fund XX, LLC | Delaware | Sole Member - Garnet Community Investments XX, LLC
|
Investments | |||
Garnet LIHTC Fund XXII, LLC | Delaware | Members: Garnet Community Investments, LLC (0.01%); NorLease, Inc., a non-AEGON affiliate (99.99%)
|
Investments | |||
Garnet LIHTC Fund XXIII, LLC | Delaware | Members: Garnet Community Investments, LLC (99.99%); Transamerica Life insurance Company (.01%)
|
Investments | |||
Garnet LIHTC Fund XXIV, LLC | Delaware | Members: Garnet Community Investments XXIV, LLC (0.01% as Managing Member); Transamerica Life Insurance Company (21.26%); non- affiliates of AEGON: New York Life Insurance Company (25.51%), New York Life Insurance and Annuity Corporation (21.73%) and Principal Life Insurance Company (31.49%)
|
Investments | |||
Garnet LIHTC Fund XXV, LLC | Delaware | Members: Garnet Community Investment XXV, LLC (0.01%); Garnet LIHTC Fund XXVIII LLC (1%); non- affiliates of AEGON: Mt. Hamilton Fund, LLC (97.99%); Google Affordable housing I LLC (1%)
|
Investments | |||
Garnet LIHTC Fund XXVI, LLC | Delaware | Members: Garnet Community Investments XXVI, LLC (0.01%); American Income Life Insurance Company, a non-affiliate of AEGON (99.99%)
|
Investments |
As of 6/30/2022 |
Page 13 |
ITEM 29 LISTING
Name | Jurisdiction of Incorporation |
Percent of Voting Securities Owned |
Business | |||
Garnet LIHTC Fund XXVII, LLC | Delaware | Members: Garnet Community Investments XXVII, LLC (0.01%); Transamerica Life Insurance Company (16.7045%); non-affiliates of AEGON: Aetna Life Insurance Company (30.2856%); New York Life Insurance Company (22.7142%); ProAssurance Casualty Company (3.6343%); ProAssurance Indemnity Company (8.4800%); State Street Bank and Trust Company (18.1714%)
|
Investments | |||
Garnet LIHTC Fund XXVIII, LLC | Delaware | Members: Garnet Community Investments XXVIII LLC (0.01%); non- affiliates of AEGON: USAA Casualty Insurance Company (17.998%); USAA General Indemnity Company (19.998%); USAA Life Insurance Company (3.999%); United Services Automobile Association (57.994%)
|
Investments | |||
Garnet LIHTC Fund XXIX, LLC | Delaware | Members: Garnet Community Investments XXIX, LLC (.01%); non- affiliate of AEGON: Bank of America, N.A. (99.99%)
|
Investments | |||
Garnet LIHTC Fund XXX, LLC | Delaware | Members: Garnet Community Investments XXX, LLC (0.01%); non- affiliate of AEGON, New York Life Insurance Company (99.99%)
|
Investments | |||
Garnet LIHTC Fund XXXI, LLC | Delaware | Members: Garnet Community Investments XXXI, LLC (0.1%); non- affiliates of AEGON: Thunderbolt Peak Fund, LLC (98.99%); Google Affordable Housing I, LLC (1%)
|
Investments | |||
Garnet LIHTC Fund XXXII, LLC | Delaware | Sole Member: Garnet Community Investments XXXVII, LLC.
|
Investments | |||
Garnet LIHTC Fund XXXIII, LLC | Delaware | Members: Garnet Community Investment XXXIII, LLC (0.01%); non- affiliate of AEGON, NorLease, Inc. (99.99%)
|
Investments | |||
Garnet LIHTC Fund XXXIV, LLC | Delaware | Members: Garnet Community Investments XXXIV, LLC (99.99%) and Transamerica Life Insurance Company (0.01%)
|
Investments | |||
Garnet LIHTC Fund XXXV, LLC | Delaware | Members: Garnet Community Investment XXXV, LLC (0.01%); non- affiliate of AEGON, Microsoft Corporation (99.99%)
|
Investments |
As of 6/30/2022 |
Page 14 |
ITEM 29 LISTING
Name | Jurisdiction of Incorporation |
Percent of Voting Securities Owned |
Business | |||
Garnet LIHTC Fund XXXVI, LLC | Delaware | Members: Garnet Community Investments XXXVI, LLC (1%) as Managing Member; JPM Capital Corporation, a non-AEGON affiliate (99%) as Investor Member
|
Investments | |||
Garnet LIHTC Fund XXXVII, LLC | Delaware | Members: Garnet Community Investments XXXVII, LLC (.01%); Transamerica Life Insurance Company (99.99%)
|
Investments | |||
Garnet LIHTC Fund XXXVIII, LLC | Delaware | Members: Garnet Community Investments XXXVIII, LLC, non- Member Manager; non-affiliate of AEGON, Norlease, Inc. (100%)
|
Investments | |||
Garnet LIHTC Fund XXXIX, LLC | Delaware | Members: Garnet Community Investments XXXIX, LLC a Managing Member (1%); non-AEGON affiliate, FNBC Leasing Corporation as Investor Member (99%)
|
Investments | |||
Garnet LIHTC Fund XL, LLC | Delaware | Members: Garnet Community Investments XL, LLC (.01%); non- AEGON affiliate, Partner Reinsurance Company of the U.S. (99.99%)
|
Investments | |||
Garnet LIHTC Fund XLI, LLC | Delaware | Members: Transamerica Life Insurance Company (9.990%) and Garnet Community Investments XLI, LLC (.01% Managing Member); non- AEGON affiliates : BBCN Bank (1.2499%), East West Bank (12.4988%), Opus Bank (12.4988%), Standard Insurance Company (24.9975%), Mutual of Omaha (12.4988%), Pacific Western Bank (7.4993%) and Principal Life Insurance Company (18.7481%).
|
Investments | |||
Ganet LIHTC Fund XLII, LLC | Delaware | Members: Garnet Community Investments XLII, LLC (.01%) Managing Member; non-affiliates of AEGON: Community Trust Bank (83.33%) Investor Member; Metropolitan Bank (16.66%) Investor Member.
|
Investments | |||
Garnet LIHTC Fund XLIV-A, LLC | Delaware | Sole Member: ING Capital, LLC; Asset Manager: Garnet Community Investments XLIV, LLC (0% interest)
|
Investments | |||
Garnet LIHTC Fund XLIV-B, LLC | Delaware | Sole Member: Lion Capital Delaware, Inc.; Asset Manager: Garnet Community Investments XLIV, LLC (0% interest)
|
Investments |
As of 6/30/2022 |
Page 15 |
ITEM 29 LISTING
Name | Jurisdiction of Incorporation |
Percent of Voting Securities Owned |
Business | |||
Garnet LIHTC Fund XLVI, LLC | Delaware | Members: Garnet Community Investments XLVI, LLC (0.01%) Managing Member; non-affiliate of AEGON, Standard Life Insurance Company (99.99%) Investor Member
|
Investments | |||
Garnet LIHTC Fund XLVII, LLC | Delaware | Members: Garnet Community Investments XLVII, LLC (1%) Managing Member; Transamerica Life Insurance Company (14%) Investor Member; non - affiliate of AEGON: Citibank, N.A. (49%) Investor Member; New York Life Insurance Company (20.5%) Investor Member and New York Life Insurance and Annuity Corporation (15.5%) Investor Member
|
Investments | |||
Garnet LIHTC Fund XLVIII, LLC | Delaware | Members: Transamerica Financial Life Insurance Company (75.18%) and Garnet Community Investments XXXLVIII, LLC (.01%); non - affiliates of AEGON: U.S. Bancorp Community Development Corporation (21.04%), American Republic Insurance Company (2.84%), Bank of Hope (.93%)
|
Investments | |||
Horizons Acquisition 5, LLC | Florida | Sole Member - PSL Acquisitions Operating, LLC
|
Development company | |||
Horizons St. Lucie Development, LLC | Florida | Sole Member - PSL Acquisitions Operating, LLC
|
Development company | |||
Imani Fe, LP | California | Partners: Garnet Community Investments, LLC (99.99%); Transamerica Life Insurance Company (.01%)
|
Affordable housing | |||
Investors Warranty of America, LLC | Iowa | Sole Member: RCC North America LLC
|
Leases business equipment | |||
Ironwood Re Corp. | Hawaii | 100% Commonwealth General Corporation
|
Captive insurance company | |||
LCS Associates, LLC | Delaware | Sole Member: RCC North America LLC
|
Investments | |||
Life Investors Alliance LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Purchase, own, and hold the equity interest of other entities | |||
LIHTC Fund 53, LLC | Delaware | Non-Member Manager, AEGON Community Investments 53, LLC (0%); non-affiliates of AEGON: Bank of America, National Association (98%); MUFG Union Bank, N.A. (2%)
|
Investments |
As of 6/30/2022 |
Page 16 |
ITEM 29 LISTING
Name | Jurisdiction of Incorporation |
Percent of Voting Securities Owned |
Business | |||
LIHTC Fund 56, LLC | Delaware | Members: Managing Member - Aegon Community Investments 56, LLC (0%); non-affiliates of AEGON, Bank of America, National Association (90%) and MUFG Union Bank, N.A. (10%)
|
Investments | |||
LIHTC Fund 59, LLC | Delaware | Members: Non-Member Manager Aegon Community Investments 59, LLC (0%); non-affiliates of AEGON, Bank of America, National Association (99.99%); Dominium Taxable Fund II, LLC (0.01%)
|
Investments | |||
LIHTC Fund XLV, LLC | Delaware | Non-Member Manager: Garnet Community Investments XLV, LLC (0%)
|
Investments | |||
LIHTC Fund XLIX, LLC | Delaware | Sole Member: Garnet Community Investments XLIX, LLC
|
Investments | |||
LIICA Re II, Inc. | Vermont | 100% Transamerica Life Insurance Company
|
Captive insurance company | |||
Massachusetts Fidelity Trust Company | Iowa | 100% AUSA Holding, LLC
|
Trust company | |||
Mitigation Manager, LLC | Delaware | Sole Member: RCC North America LLC
|
Investments | |||
Money Services, Inc. | Delaware | 100% AUSA Holding, LLC | Provides certain financial services for affiliates including, but not limited to, certain intellectual property, computer and computer- related software and hardware services, including procurement and contract services to some or all of the Members of the AEGON Group in the United States and Canada.
| |||
Monumental Financial Services, Inc. | Maryland | 100% Transamerica Corporation
|
DBA in the State of West Virginia for United Financial Services, Inc. | |||
Monumental General Administrators, Inc. | Maryland | 100% AUSA Holding, LLC
|
Provides management services to unaffiliated third party administrator | |||
Natural Resources Alternatives Portfolio I, LLC | Delaware | Members: Transamerica Life Insurance Company (96%); Transamerica Financial Life Insurance Company (4%); Managing Member: AEGON USA Realty Advisors, LLC
|
Investment vehicle - to invest in Natural Resources | |||
Natural Resources Alternatives Portfolio II, LLC | Delaware | Members: Transamerica Life Insurance Company (95%); Transamerica Financial Life Insurance Company (5%)
|
Investment vehicle | |||
Natural Resources Alternatives Portfolio 3, LLC | Delaware | Members: Transamerica Life Insurance Company (90%); Transamerica Financial Life Insurance Company (10%)
|
Investment vehicle |
As of 6/30/2022 |
Page 17 |
ITEM 29 LISTING
Name | Jurisdiction of Incorporation |
Percent of Voting Securities Owned |
Business | |||
Nomagon Title Grandparent, LLC | Delaware | Sole member is AEGON USA Asset Management Holding, LLC; AEGON USA Realty Advisors, LLC is the non - member manager of this entity
|
Investment vehicle | |||
Nomagon Title Holding 1, LLC | Delaware | Sole member is Nomagon Title Parent, LLC; AEGON USA Realty Advisors, LLC is the non - member manager of this entity
|
Investment vehicle | |||
Nomagon Title Parent, LLC | Delaware | Sole member is Nomagon Title Grandparent, LLC; AEGON USA Realty Advisors, LLC is the non-member manager of this entity
|
Investment vehicle | |||
Osceola Mitigation Partners, LLC | Florida | Members: Mitigation Manager, LLC (50%); non-affiliate of AEGON, OBPFL - MITBK, LLC (50%)
|
Investmetns | |||
Pearl Holdings, Inc. I | Delaware | 100% AEGON USA Asset Management Holding, LLC
|
Holding company | |||
Pearl Holdings, Inc. II | Delaware | 100% AEGON USA Asset Management Holding, LLC
|
Holding company | |||
Peoples Benefit Services, LLC | Pennsylvania | Sole Member - Transamerica Life Insurance Company
|
Marketing non-insurance products | |||
Placer 400 Investors, LLC | California | Members: RCC North Amerivca LLC (50%); non-affiliate of AEGON, AKT Placer 400 Investors, LLC (50%)
|
Investments | |||
Primus Guaranty, Ltd. | Bermuda | Members: Transamerica Life Insurance Company (20% 13.1%) and non - affiliates of AEGON and the public holders own the remainder.
|
Provides protection from default risk of investment grade corporate and sovereign issues of financial obligations. | |||
PSL Acquisitions Operating, LLC | Iowa | Sole Member: RCC North America LLC
|
Owner of Core subsidiary entities | |||
RCC North America LLC | Delaware | Sole Member: Transamerica Corporation
|
Real estate | |||
Real Estate Alternatives Portfolio 2 LLC | Delaware | Members are: Transamerica Life Insurance Company (92.%); Transamerica Financial Life Insurance Company (7.5%). Manager: AEGON USA Realty Advisors, Inc.
|
Real estate alternatives investment | |||
Real Estate Alternatives Portfolio 3 LLC | Delaware | Member: Transamerica Life Insurance Company. Manager: AEGON USA Realty Advisors, Inc.
|
Real estate alternatives investment | |||
Real Estate Alternatives Portfolio 3A, Inc. | Delaware | Members: Transamerica Financial Life Insurance Company (9.4%); Transamerica Life Insurance Company (90.6%).
|
Real estate alternatives investment |
As of 6/30/2022 |
Page 18 |
ITEM 29 LISTING
Name | Jurisdiction of Incorporation |
Percent of Voting Securities Owned |
Business | |||
Real Estate Alternatives Portfolio 4 HR, LLC | Delaware | Members: Transamerica Life Insurance Company (96%); Transamerica Financial Life Insurance Company (4%). Manager: AEGON USA Realty Advisors, Inc.
|
Investment vehicle for alternative real estate investments that are established annually for our affiliated companies common investment | |||
Real Estate Alternatives Portfolio 4 MR, LLC | Delaware | Members: Transamerica Life Insurance Company (96%); Transamerica Financial Life Insurance Company (4%). Manager: AEGON USA Realty Advisors, Inc.
|
Investment vehicle for alternative real estate investments that are established annually for our affiliated companies common investment | |||
River Ridge Insurance Company | Vermont | 100% AEGON Management Company
|
Captive insurance company | |||
SB Frazer Owner, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments | |||
Second FGP LLC | Delaware | Sole Member: FGH USA LLC
|
Real estate | |||
Seventh FGP LLC | Delaware | Sole Member: FGH USA LLC
|
Real estate | |||
St. Lucie West Development Company, LLC | Florida | Sole Member - PSL Acquisitions Operating, LLC
|
Development company | |||
Stonebridge Benefit Services, Inc. | Delaware | 100% Commonwealth General Corporation
|
Health discount plan | |||
TA Private Equity Assets, LLC | Delaware | Sole Member - Transamerica Life Insurance Company
|
Investments (private equity) | |||
TA-APOP I, LLC | Delaware | Sole Member - Transamerica Life Insurance Company
|
Private equity vehicle | |||
TA-APOP I-A, LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Investments (private equity) | |||
TA-APOP II, LLC | Delaware | Members: Transamerica Life Insurance Company (56%); Transamerica Financial Life Insurance Company (44%)
|
Private equity vehicle | |||
TABR Realty Services, LLC | Delaware | Sole Member: AUSA Holding, LLC
|
Real estate investments | |||
TAG Resources, LLC | Tennessee | Sole Member: AUSA Holding, LLC
|
Retirement services | |||
TAH-MCD IV, LLC | Iowa | Sole Member - Transamerica Affordable Housing, Inc.
|
Serve as the general partner for McDonald Corporate Tax Credit Fund IV Limited Partnership. | |||
TAH Pentagon Funds, LLC | Iowa | Sole Member - Transamerica Affordable Housing, Inc.
|
Serve as a general partner in a lower-tier tax credit entity | |||
TAHP Fund 1, LLC | Delaware | Sole Member - Garnet LIHTC Fund IX, LLC
|
Real estate investments | |||
TAHP Fund 2, LLC | Delaware | Sole Member - Garnet LIHTC Fund VIII, LLC
|
Low incoming housing tax credit |
As of 6/30/2022 |
Page 19 |
ITEM 29 LISTING
Name | Jurisdiction of Incorporation |
Percent of Voting Securities Owned |
Business | |||
TAHP Fund VII, LLC | Delaware | Investor Member: Garnet LIHTC Fund XIX, LLC
|
Real estate investments | |||
THH Acquisitions, LLC | Iowa | Sole Member - Transamerica Life Insurance Company
|
Acquirer of Core South Carolina mortgage loans from Investors Warranty of America, LLC and holder of foreclosed real estate. | |||
TLIC Oakbrook Reinsurance, Inc. | Iowa | 100% Transamerica Life Insurance Company
|
Limited purpose subsidiary life insurance company | |||
TLIC Watertree Reinsurance Inc. | Iowa | 100% Transamerica Life Insurance Company
|
Limited purpose subsidiary life insurance company | |||
Tradition Development Company, LLC | Florida | Sole Member - PSL Acquisitions Operating, LLC
|
Development company | |||
Tradition Land Company, LLC | Iowa | Sole Member: RCC North America LLC
|
Acquirer of Core Florida mortgage loans from Investors Warranty and holder of foreclosed real estate. | |||
Transamerica Affordable Housing, Inc. | California | 100% Transamerica Realty Services, LLC
|
General partner LHTC Partnership | |||
Transamerica Agency Network, Inc. | Iowa | 100% AUSA Holding, LLC
|
Special purpose subsidiary | |||
Transamerica Asset Management, Inc. | Florida | Transamerica Life Insurance Company owns 77%; AUSA Holding, LLC owns 23%.
|
Fund advisor | |||
Transamerica Capital, Inc. | California | 100% AUSA Holding, LLC
|
Broker/Dealer | |||
Transamerica Casualty Insurance Company | Iowa | 100% Transamerica Corporation
|
Insurance company | |||
Transamerica Corporation | Delaware | 100% AEGON International B.V.
|
Major interest in insurance and finance | |||
Transamerica Corporation | Oregon | 100% Transamerica Corporation
|
Holding company | |||
Transamerica Finance Corporation | Delaware | 100% Transamerica Corporation
|
Commercial & Consumer Lending & equipment leasing | |||
Transamerica Financial Advisors, Inc. | Delaware | 1,000 shares owned by AUSA Holding, LLC; 209 shares owned by Commonwealth General Corporation; 729 shares owned by AEGON Asset Management Services, Inc.
|
Broker/Dealer | |||
Transamerica Financial Life Insurance Company | New York | 88% Transamerica Corporation; 12% Transamerica Life Insurance Company
|
Insurance | |||
Transamerica Fund Services, Inc. | Florida | Transamerica Life Insurance Company owns 44%; AUSA Holding, LLC owns 56%
|
Mutual fund | |||
Transamerica International Direct Marketing Consultants, LLC | Maryland | Members: 51% Beth Lewellyn; 49% AEGON Direct Marketing Services, Inc.
|
Provide consulting services ancillary to the marketing of insurance products overseas. |
As of 6/30/2022 |
Page 20 |
ITEM 29 LISTING
Name | Jurisdiction of Incorporation |
Percent of Voting Securities Owned |
Business | |||
Transamerica International RE (Bermuda) Ltd. | Bermuda | 100% Transamerica Corporation
|
Reinsurance | |||
Transamerica Investors Securities Corporation | Delaware | 100% Transamerica Retirement Solutions, LLC
|
Broker/Dealer | |||
Transamerica Leasing Holdings Inc. | Delaware | 100% Transamerica Finance Corporation
|
Holding company | |||
Transamerica Life Insurance Company | Iowa | 100% - Commonwealth General Corporation
|
Insurance | |||
Transamerica Life (Bermuda) Ltd. | Bermuda | 100% Transamerica Life Insurance Company
|
Long-term life insurer in Bermuda - - will primarily write fixed universal life and term insurance | |||
Transamerica Pacific Re, Inc. | Vermont | 100% Transamerica Life Insurance Company
|
Captive insurance company | |||
Transamerica Pyramid Properties LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Realty limited liability company | |||
Transamerica Realty Investment Properties LLC | Delaware | Sole Member: Transamerica Life Insurance Company
|
Realty limited liability company | |||
Transamerica Resources, Inc. | Maryland | 100% Monumental General Administrators, Inc.
|
Provides education and information regarding retirement and economic issues. | |||
Transamerica Retirement Advisors, LLC | Delaware | Sole Member: Transamerica Retirement Solutions, LLC
|
Investment advisor | |||
Transamerica Retirement Insurance Agency, LLC | Delaware | Sole Member: Transamerica Retirement Solutions, LLC
|
Conduct business as an insurance agency. | |||
Transamerica Retirement Solutions, LLC | Delaware | Sole Member: AUSA Holding, LLC
|
Retirement plan services. | |||
Transamerica Stable Value Solutions Inc. | Delaware | 100% Commonwealth General Corporation
|
Principle Business: Provides management services to the stable value division of AEGON insurers who issue synthetic GIC contracts. | |||
Transamerica Travel and Conference Services, LLC | Iowa | Sole Member: Money Services, Inc.
|
Travel and conference services | |||
Transamerica Ventures Fund II, LLC | Delaware | Sole Member: AUSA Holding, LLC | Investments | |||
ULI Funding, LLC | Iowa | Sole Member: AUSA Holding, LLC
|
Holding Company | |||
United Financial Services, Inc. | Maryland | 100% Transamerica Corporation
|
General agency | |||
Universal Benefits, LLC | Iowa | Sole Member: AUSA Holding, LLC
|
Third party administrator | |||
WFG Insurance Agency of Puerto Rico, Inc. | Puerto Rico | 100% World Financial Group Insurance Agency, Inc.
|
Insurance agency | |||
WFG Properties Holdings, LLC | Georgia | Sole Member: World Financial Group, Inc.
|
Marketing | |||
WFG Securities Inc. | Canada | 100% World Financial Group Holding Company of Canada, Inc.
|
Mutual fund dealer |
As of 6/30/2022 |
Page 21 |
ITEM 29 LISTING
Name | Jurisdiction of Incorporation |
Percent of Voting Securities Owned |
Business | |||
World Financial Group Canada Inc. | Canada | 100% World Financial Group Holding Company of Canada Inc.
|
Marketing | |||
World Financial Group Holding Company of Canada Inc. | Canada | 100% Commonwealth General Corporation
|
Holding company | |||
World Financial Group, Inc. | Delaware | 100% AEGON Asset Management Services, Inc.
|
Marketing | |||
World Financial Group Insurance Agency of Canada Inc. | Ontario | 50% World Financial Group Holding Co. of Canada Inc.; 50% World Financial Group Subholding Co. of Canada Inc.
|
Insurance agency | |||
World Financial Group Insurance Agency of Hawaii, Inc. | Hawaii | 100% World Financial Group Insurance Agency, Inc.
|
Insurance agency | |||
World Financial Group Insurance Agency of Massachusetts, Inc. | Massachusetts | 100% World Financial Group Insurance Agency, Inc.
|
Insurance agency | |||
World Financial Group Insurance Agency of Wyoming, Inc. | Wyoming | 100% World Financial Group Insurance Agency, Inc.
|
Insurance agency | |||
World Financial Group Insurance Agency, LLC | Iowa | Sole Member: AUSA Holding, LLC
|
Insurance agency | |||
World Financial Group Subholding Company of Canada Inc. | Canada | 100% World Financial Group Holding Company of Canada, Inc.
|
Holding company | |||
Yarra Rapids, LLC | Delaware | Members are: Real Estate Alternatives Portfolio 4MR, LLC (49%) and non - AEGON affiliate (51%)
|
Real estate investments | |||
Zahorik Company, Inc. | California | 100% AUSA Holding, LLC
|
Inactive | |||
Zero Beta Fund, LLC | Delaware | Members are: Transamerica Life Insurance Company (69.15%); Transamerica Financial Life Insurance Company (16.58%); Transamerica Pacific Insurance Company, Ltd. (14.27%). Manager: AEGON USA Investment Management LLC
|
Aggregating vehicle formed to hold various fund investments. |
As of 6/30/2022 |
Page 22 |
Item 30. Indemnification
Any person made a party to any action, suit, or proceeding by reason of the fact that he, his testator or intestate, is or was a director, officer, or employee of the Company or of any Company which he served as such at the request of the Company, shall be indemnified by the Company against the reasonable expenses, including attorneys fees, actually and necessarily incurred by him in connection with the defense of such action, suit or proceeding, or in connection with appeal therein, except in relation to matters as to which it shall be adjudged in such action, suit or proceeding that such officer, Director, or employee is liable for negligence or misconduct in the performance of his duties. The Company may also reimburse to any Director, officer, or employee the reasonable costs of settlement of any such action, suit, or proceeding, if it shall be found by a majority of a committee composed of the Directors not involved in the matter in controversy (whether or not a quorum) that it was in the interest of the Company that such settlement be made and that such Director, officer or employee was not guilty of negligence or misconduct. The amount to be paid by way of indemnity shall be determined and paid, in each instance, pursuant to action of the Board of Directors, and the stockholders shall be given notice thereof in accordance with applicable provisions of law. Such right of indemnification shall not be deemed exclusive of any other rights to which such Director, officer, or employee may be entitled.
Insofar as indemnification for liability arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.
Item 31. Principal Underwriters
(a) | Transamerica Capital, Inc. serves as the principal underwriter for: |
Transamerica Capital, Inc. serves as the principal underwriter for the Retirement Builder Variable Annuity Account, Separate Account VA B, Separate Account VA Q, Separate Account VA FF, Separate Account VA HH, Separate Account VA-1, Separate Account VA-2L, Separate Account VA-5, Separate Account VA-6, Separate Account VA-7, Separate Account VA-8, Separate Account Fund B, Separate Account Fund C, Transamerica Corporate Separate Account Sixteen, Transamerica Separate Account R3, Separate Account VL, Separate Account VUL-1; Separate Account VUL-2, Separate Account VUL-3, Separate Account VUL-4, Separate Account VUL-5, Separate Account VUL-6, Separate Account VUL-A, and Variable Life Account A, Merrill Lynch Life Variable Annuity Separate Account, Merrill Lynch Life Variable Annuity Separate Account A, Merrill Lynch Life Variable Annuity Separate Account B, Merrill Lynch Life Variable Annuity Separate Account C, Merrill Lynch Life Variable Annuity Separate Account D, Merrill Lynch Variable Life Separate Account, and Merrill Lynch Life Variable Life Separate Account II, Separate Account VA BB, Separate Account VA CC, Separate Account VA U, Separate Account VA V, Separate Account VA AA, WRL Series Annuity Account, WRL Series Annuity Account B, WRL Series Life Account, WRL Series Life Account G, WRL Series Life Corporate Account and Separate Account VL E. These accounts are separate accounts of Transamerica Life Insurance Company.
Transamerica Capital, Inc. serves as principal underwriter for Separate Account VA BNY, Separate Account VA QNY, TFLIC Separate Account VNY, Separate Account VA-2LNY, TFLIC Separate Account C, Separate Account VA-5NLNY, Separate Account VA-6NY, TFLIC Series Annuity Account, TFLIC Series Life Account, TFLIC Pooled Account No. 44, Transamerica Variable Funds, ML of New York Variable Annuity Separate Account A, ML of New York Variable Annuity Separate Account B, ML of New York Variable Annuity Separate Account C, ML of New York Variable Annuity Separate Account D and ML of New York Variable Life Separate Account II. These accounts are separate accounts of Transamerica Financial Life Insurance Company.
Transamerica Capital, Inc. also serves as principal underwriter for Transamerica Series Trust, Transamerica Funds, and Transamerica Asset Allocation Variable Funds.
(b) | Directors and Officers of Transamerica Capital, Inc.: |
Name |
Principal Business Address |
Position and Offices with Underwriter | ||
Brian Beitzel | (2) | Director, Treasurer and Chief Financial Officer | ||
Mark Halloran | (3) | Director, Chairman of the Board, Chief Executive Officer and President | ||
Doug Hellerman | (3) | Director, Chief Compliance Officer and Vice President | ||
Timothy Ackerman | (3) | Director and Vice President | ||
Jennifer Pearce | (3) | Director and Vice President | ||
Gregory E. Miller-Breetz | (1) | Secretary |
(1) | 100 Light Street, Floor B1, Baltimore, MD 21202 |
(2) | 6400 C Street S.W., Cedar Rapids, IA 52499-0001 |
(3) | 1801 California Street, Suite 5200, Denver, CO 80202 |
(c) Compensation to Principal Underwriter:
Name of Principal Underwriter |
Net Underwriting Discounts and |
Compensation on Redemption |
Brokerage |
Compensation | ||||
Transamerica Capital, Inc. |
$ 0 | 0 | 0 | 0 |
(1) Fiscal Year 2020
Item 32. Location of Accounts and Records
Accounts, books, and other documents required to be maintained by Section 31(a) of the Investment Company Act of 1940 and the Rules promulgated thereunder are primarily maintained by (a) Transamerica Financial Life Insurance Company, in whole or in part, at its principal offices at 440 Mamaroneck Avenue, Harrison, NY 10528, (b) by State Street Bank & Trust Company, in whole or in part, at its principal offices at 200 Clarendon Street, Boston, MA 02116, and (c) by Transamerica Asset Management, Inc., in whole or in part, at its principal offices at 1801 California Street, Suite 5200, Denver, CO 80202
Item 33. Management Services
Not Applicable
Item 34. Fee Representation
The Depositor hereby represents that the fees and charges deducted under the Policy, in the aggregate, are reasonable in relation to the services rendered, the expenses expected to be incurred, and the risks assumed by the Depositor.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933 and the Investment Company Act of 1940, the Registrant certifies that it meets the requirements for effectiveness of this Registration Statement under Rule 485(b) under the Securities Act and has duly caused this Registration Statement to be signed on its behalf by the undersigned, duly authorized, in the City of Denver and State of Colorado, on December 6, 2022.
TRANSAMERICA VARIABLE FUNDS | ||
(Registrant) | ||
TRANSAMERICA FINANCIAL LIFE INSURANCE COMPANY | ||
Depositor
| ||
Jamie Ohl * | ||
President and Chief Executive Officer |
Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on December 6, 2022.
Signatures
|
Title
| |||
* Jamie Ohl |
President and Chief Executive Officer (principal executive officer) | |||
* Bonnie T. Gerst |
Director and Chairman of the Board (principal accounting officer) | |||
* Christopher S. Fleming |
Director and Chief Operating Officer, Individual Solutions Division | |||
* Gregory E. Miller-Breetz |
Director and Secretary | |||
* Matt Kepler |
Chief Financial Officer, Executive Vice President and Treasurer (principal financial officer) | |||
* Zachary Harris |
Director, Chief Operating Officer, Workplace Solutions Division | |||
* Wendy E. Cooper |
Director | |||
* Anne C. Kronenberg |
Director | |||
* June Yuson |
Director | |||
/s/ Brian Stallworth Brian Stallworth |
Assistant Secretary |
*By: Brian Stallworth Attorney-in-Fact pursuant to Powers of Attorney filed previously and/or herewith.
.
ATTACHMENTS / EXHIBITS
OPINION AND CONSENT OF COUNCEL
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