Investment Management

Voya Solution 2055 Portfolio - Class I

Portfolio Management Team

Directed Services LLC

Investment Advisor

Directed Services LLC, Asset Management Arm is a privately owned investment manager. The firm primarily provides its services to investment companies.

Voya Investment Management Co. LLC

Investment Sub-Adviser

Voya Investment Management (Voya IM) is a leading active asset management firm with over 200 investment professionals and clients ranging from affiliated and external institutions to individual investors. Voya IM has the experience and resources to invest responsibly across asset classes, geographies and investment styles. Through our global asset management network, we provide clients with access to domestic, regional and global investment solutions.

Paul Zemsky, CFA

Chief Investment Officer of Multi-Asset Strategies

Managed Fund since 2005

Paul Zemsky, CFA

Paul Zemsky is the Chief Investment Officer for Multi-Asset Strategies and Solutions (MASS) at Voya Investment Management. He is responsible for the firm’s suite of value-added, customized products and solutions that are supported by asset allocation, manager research, quantitative research, portfolio implementation and multi-manager capabilities. Prior to joining the firm, he co-founded CaliberOne Private Funds Management, a macro hedge fund. Paul began his career at JPMorgan Investment Management, where he held a number of key positions, including head of investments for over $300 Billion of Fixed Income assets. Paul is a member of the firm’s Management Committee and a board member of Pomona capital. He holds a dual degree in finance and electrical engineering from the Management and Technology Program at the University of Pennsylvania and holds the Chartered Financial Analyst® designation.

Halvard Kvaale, CIMA

Head of Manager Research and Selection

Managed Fund since 2012

Halvard Kvaale, CIMA

Halvard Kvaale is head of manager research and selection for Multi-Asset Strategies and Solutions (MASS) at Voya Investment Management. Prior to joining the firm, Halvard was managing director and head of Morgan Stanley Smith Barney consulting group’s portfolio advisory services group. In this role, he was responsible for the management of the firm’s discretionary programs within Morgan Stanley Smith Barney overseeing more than $26 billion. Upon joining Morgan Stanley, he served as the head of global advisor research in the consulting services group overseeing the research and due diligence of third party investment managers. Previously, he served as the head of global manager research and fee-based advisory solutions at Deutsche Bank, and at Prudential Investments he managed the third party consulting programs, ran the investment management analysis unit and the senior consulting group. Halvard graduated from the Norwegian School of Management with an MS in general business, and graduated Summa Cum Laude with an MS in investing from San Francisco State University. Halvard holds a Certified Investment Management Analyst (CIMA) designation from the Wharton School of Business.

Frank van Etten

Portfolio Manager

Managed Fund since 2013

Frank van Etten

Frank van Etten is the Deputy Chief Investment Officer for Multi-Asset Strategies and Solutions (MASS) at Voya Investment Management. He is responsible for managing the research and investment teams that design and implement investment products and solutions with asset allocation, manager selection and/or structured investment components. Frank also drives product development and business management. Previously, he was a portfolio manager on the structured investment strategies team in Europe, where he initially carried out research in equity derivatives markets. Subsequently, as a portfolio manager, he oversaw two investment teams that managed a range of liability-driven investment solutions, structured funds and alternative investments and executed hedging programs and derivatives trading. Frank received his master’s degree in econometrics from Tilburg University in the Netherlands, specializing in quantitative finance.