Exhibit

Exhibit 21.1



	Subsidiary	% Parent Interest Held	State/Country of Jurisdiction	Parent
1	200 Connecticut LLC	52.4	Delaware	Voya Retirement Insurance and Annuity Company
2	200 Connecticut LLC	11.03	Delaware	ReliaStar Life Insurance Company
3	IIPS OF FLORIDA, LLC	100	Florida	Voya Financial, Inc.
4	ILICA Inc.	100	Connecticut	Voya Holdings Inc.
5	ING Pomona Private Equity Management (Luxembourg) S.A.	100	Luxembourg	Voya Investment Management Alternative Assets LLC
6	Langhorne I, LLC	100	Missouri	Voya Holdings Inc.
7	Midwestern United Life Insurance Company	100	Indiana	Security Life of Denver Insurance Company
8	Opportunity Investor P Associates, L.P.	49	Delaware	Pomona G.P. Holdings LLC
9	Opportunity Investor P Associates, L.P.	1	Delaware	Opportunity Investor P Secondary Associates, LLC
10	Opportunity Investor P Secondary Associates, LLC	100	Delaware	Pomona G.P. Holdings LLC
11	Pen-Cal Administrators, Inc.	100	California	Voya Financial, Inc.
12	Pomona Associates IV LP	49	Delaware	Pomona G.P. Holdings LLC
13	Pomona Associates IV LP	1	Delaware	Pomona Secondary Associates IV LLC
14	Pomona Associates V, LP	49	Delaware	Pomona G.P. Holdings LLC
15	Pomona Associates V, LP	1	Delaware	Pomona Secondary Associates V LLC
16	Pomona Associates VI, LP	49	Delaware	Pomona G.P. Holdings LLC
17	Pomona Associates VI, LP	1	Delaware	Pomona Secondary Associates VI LLC
18	Pomona Associates VII, L.P.	49	Delaware	Pomona G.P. Holdings LLC
19	Pomona Associates VII, L.P.	1	Delaware	Pomona Secondary Associates VII LLC
20	Pomona Capital Asia Limited	100	Hong Kong	Pomona Management LLC
21	Pomona Energy Partners US, L.P.	99.75	Delaware	Pomona Capital VII, L.P.
22	Pomona Energy Partners, L.P.	100	Delaware	Pomona Associates VII, L.P.
23	Pomona Europe Advisers Limited	100	United Kingdom	Pomona Europe, Ltd.
24	Pomona Europe, Ltd.	100	United Kingdom	Pomona Management LLC
25	Pomona G.P. Holdings LLC	50	Delaware	Voya Pomona Holdings LLC
26	Pomona Holdings Associates II, LLC	100	Delaware	Pomona Primary Associates II LLC
27	Pomona Holdings Associates III LLC	100	Delaware	Pomona Primary Associates III LLC
28	Pomona Investors II, L.P.	49	Delaware	Pomona G.P. Holdings LLC
29	Pomona Investors II, L.P.	1	Delaware	Pomona Primary Associates II LLC
30	Pomona Investors III, L.P.	49	Delaware	Pomona G.P. Holdings LLC
31	Pomona Investors III, L.P.	1	Delaware	Pomona Primary Associates III LLC
32	Pomona Investors IV, L.P.	49	Delaware	Pomona G.P. Holdings LLC
33	Pomona Investors IV, L.P.	1	Delaware	Pomona Primary Associates IV LLC
34	Pomona Investors V L.P.	49	Delaware	Pomona G.P. Holdings LLC
35	Pomona Investors V L.P.	1	Delaware	Pomona Primary Associates V LLC
36	Pomona Management LLC	100	Delaware	Voya Pomona Holdings LLC
37	Pomona Primary Associates II LLC	100	Delaware	Pomona G.P. Holdings LLC



	Subsidiary	% Parent Interest Held	State/Country of Jurisdiction	Parent
38	Pomona Primary Associates III LLC	100	Delaware	Pomona G.P. Holdings LLC
39	Pomona Primary Associates IV LLC	100	Delaware	Pomona G.P. Holdings LLC
40	Pomona Primary Associates V LLC	100	Delaware	Pomona G.P. Holdings LLC
41	Pomona Secondary Associates IV LLC	100	Delaware	Pomona G.P. Holdings LLC
42	Pomona Secondary Associates V LLC	100	Delaware	Pomona G.P. Holdings LLC
43	Pomona Secondary Associates VI LLC	100	Delaware	Pomona G.P. Holdings LLC
44	Pomona Secondary Associates VII LLC	100	Delaware	Pomona G.P. Holdings LLC
45	Pomona Secondary Associates VIII, LLC	100	Delaware	Pomona G.P. Holdings LLC
46	Pomona Secondary Co-Investment Associates, LLC	100	Delaware	Pomona G.P. Holdings LLC
47	Pomona Secondary Co-Investment Associates, LP	1	Delaware	Pomona Secondary Co-Investment Associates, LLC
48	Pomona Secondary Co-Investment Associates, LP	49	Delaware	Pomona G.P. Holdings LLC
49	Pomona Voya (US) Holdings Associates II LLC	100	Delaware	Pomona G.P. Holdings LLC
50	Pomona Voya (US) Holdings Associates II, L.P.	1	Delaware	Pomona Voya (US) Holdings Associates II LLC
51	Pomona Voya (US) Holdings Associates II, L.P.	49	Delaware	Pomona G.P. Holdings LLC
52	Pomona Voya (US) Holdings Associates III LLC	100	Delaware	Pomona G.P. Holdings LLC
53	Pomona Voya (US) Holdings Associates III LP	1	Delaware	Pomona Voya (US) Holdings Associates III LLC
54	Pomona Voya (US) Holdings Associates III LP	49	Delaware	Pomona G.P. Holdings LLC
55	Pomona Voya (US) Holdings Associates IV LLC	100	Delaware	Pomona G.P. Holdings LLC
56	Pomona Voya (US) Holdings Associates IV, L.P.	1	Delaware	Pomona Voya (US) Holdings Associates IV LLC
57	Pomona Voya (US) Holdings Associates V, LLC	100	Delaware	Pomona G.P. Holdings LLC
58	Pomona Voya (US) Holdings Associates, L.P.	1	Delaware	Pomona Voya (US) Holdings Associates LLC
59	Pomona Voya (US) Holdings Associates, L.P.	49	Delaware	Pomona G.P. Holdings LLC
60	Pomona Voya (US) Holdings Co- Investment Associates II, L.P.	1	Delaware	Pomona Voya (US) Holdings Associates II, L.P.
61	Pomona Voya (US) Holdings Co- Investment Associates II, L.P.	1	Delaware	Pomona Voya (US) Holdings Associates IV LLC
62	Pomona Voya (US) Holdings Co- Investment Associates II, L.P.	49	Delaware	Pomona G.P. Holdings LLC
63	Pomona Voya (US) Holdings Co-Investment Associates L.P.	1	Delaware	Pomona Voya (US) Holdings Associates II LLC



	Subsidiary	% Parent Interest Held	State/Country of Jurisdiction	Parent
64	Pomona Voya (US) Holdings Co-Investment Associates L.P.	49	Delaware	Pomona G.P. Holdings LLC
65	Pomona Voya (US) Holdings Co-Investment II, L.P.	45.88	Delaware	Security Life of Denver Insurance Company
66	Pomona Voya (US) Holdings Co-Investment II, L.P.	24.28	Delaware	ReliaStar Life Insurance Company
67	Pomona Voya (US) Holdings Co-Investment II, L.P.	0.1	Delaware	Pomona Voya (US) Holdings Co- Investment Associates II, L.P.
68	Pomona Voya (US) Holdings Co-Investment II, L.P.	1	Delaware	Pomona Voya (US) Holdings Associates II, L.P.
69	Pomona Voya (US) Holdings Co-Investment II, L.P.	29.69	Delaware	Voya Retirement Insurance and Annuity Company
70	Pomona Voya (US) Holdings V L.P.	22.64	Delaware	Security Life of Denver Insurance Company
71	Pomona Voya (US) Holdings V L.P.	26.64	Delaware	ReliaStar Life Insurance Company
72	Pomona Voya (US) Holdings V L.P.	0.1	Delaware	Pomona Voya (US) Holdings Associates V, L.P.
73	Pomona Voya (US) Holdings V L.P.	33.3	Delaware	Voya Retirement Insurance and Annuity Company
74	Pomona Voya (US) Holdings V-A, L.P.	0.1	Delaware	Pomona Voya (US) Holdings Associates V, L.P.
75	Pomona Voya (US) Holdings V-A, L.P.	32.69	Delaware	Voya Retirement Insurance and Annuity Company
76	Pomona Voya (US) Holdings V-A, L.P.	21.8	Delaware	Security Life of Denver Insurance Company
77	Pomona Voya (US) Holdings V-A, L.P.	27.25	Delaware	ReliaStar Life Insurance Company
78	Pomona Voya Asia Pacific Associates, L.P.	49	Delaware	Pomona G.P. Holdings LLC
79	Pomona Voya Asia Pacific Associates, L.P.	1	Delaware	Pomona Voya Asia Pacific Associates, LLC
80	Pomona Voya Asia Pacific Associates, LLC	100	Delaware	Pomona G.P. Holdings LLC
81	Rancho Mountain Properties, Inc.	100	Delaware	Voya II Custom Investments LLC
82	ReliaStar Life Insurance Company	100	Minnesota	Voya Holdings Inc.
83	ReliaStar Life Insurance Company of New York	100	New York	ReliaStar Life Insurance Company
84	RiverRoch LLC	53.7	Delaware	Voya Retirement Insurance and Annuity Company
85	RiverRoch LLC	10.8	Delaware	ReliaStar Life Insurance Company
86	RiverRoch LLC	10.8	Delaware	Security Life of Denver Insurance Company
87	Roaring River II, Inc.	100	Arizona	Security Life of Denver International Limited
88	Roaring River IV Holding, LLC	100	Delaware	Security Life of Denver Insurance Company
89	Roaring River IV, LLC	100	Missouri	Roaring River IV Holding, LLC
90	Roaring River, LLC	100	Missouri	ReliaStar Life Insurance Company



	Subsidiary	% Parent Interest Held	State/Country of Jurisdiction	Parent
91	Security Life Assignment Corporation	100	Colorado	Voya Financial, Inc.
92	Security Life of Denver Insurance Company	100	Colorado	Voya Financial, Inc.
93	Security Life of Denver International Limited	100	Arizona	Voya Financial, Inc.
94	SLDI Georgia Holdings, Inc.	100	Georgia	Roaring River II, Inc.
95	The Voya Proprietary Alpha Fund, LLC	36.6	Delaware	Security Life of Denver Insurance Company
96	The Voya Proprietary Alpha Fund, LLC	30.2	Delaware	ReliaStar Life Insurance Company
97	The Voya Proprietary Alpha Fund, LLC	1	Delaware	Voya Alternative Asset Management LLC
98	VFI SLK Global Services Private Limited	49	India	Voya Financial, Inc.
99	Voya Alternative Asset Management Ireland Limited	100	Ireland	Voya Investment Management Alternative Assets LLC
100	Voya Alternative Asset Management LLC	100	Delaware	Voya Investment Management Alternative Assets LLC
101	Voya America Equities, Inc.	100	Colorado	Security Life of Denver Insurance Company
102	Voya Benefits Company, LLC	100	Delaware	Voya Holdings Inc.
103	Voya Capital, LLC	100	Delaware	Voya Investment Management LLC
104	Voya Custom Investments LLC	100	Delaware	Roaring River II, Inc.
105	Voya Financial Advisors, Inc.	100	Minnesota	Voya Holdings Inc.
106	Voya Financial Partners, LLC	100	Delaware	Voya Retirement Insurance and Annuity Company
107	Voya Financial Products Company, Inc.	100	Delaware	Voya Financial, Inc.
108	Voya Funds Services, LLC	100	Delaware	Voya Capital, LLC
109	Voya Furman Selz Investments III LLC	95.81	Delaware	Voya Investment Management Alternative Assets LLC
110	Voya Holdings Inc.	100	Connecticut	Voya Financial, Inc.
111	Voya II Custom Investments LLC	100	Delaware	SLDI Georgia Holdings, Inc.
112	Voya Institutional Plan Services, LLC	100	Delaware	Voya Retirement Insurance and Annuity Company
113	Voya Institutional Trust Company	100	Connecticut	Voya Holdings Inc.
114	Voya Insurance Solutions, Inc.	100	Connecticut	Voya Holdings Inc.
115	Voya International Nominee Holdings, Inc.	100	Connecticut	Voya Holdings Inc.
116	Voya Investment Management (UK) Limited	100	Bermuda	Voya Investment Management Co. LLC
117	Voya Investment Management Alternative Assets LLC	100	Delaware	Voya Investment Management LLC
118	Voya Investment Management Co. LLC	100	Delaware	Voya Investment Management LLC
119	Voya Investment Management LLC	100	Delaware	Voya Holdings Inc.



	Subsidiary	% Parent Interest Held	State/Country of Jurisdiction	Parent
120	Voya Investment Trust Co.	100		Voya Investment Management Co. LLC
121	Voya Investments Distributor, LLC	100	Delaware	Voya Funds Services, LLC
122	Voya Investments, LLC	100	Arizona	Voya Funds Services, LLC
123	Voya Multi-Strategy Opportunity Fund LLC	100	Delaware	Voya Alternative Asset Management LLC
124	Voya Payroll Management, Inc.	100	Delaware	Voya Financial, Inc.
125	Voya Pomona Asia Pacific G.P. Limited	100	Hong Kong	Pomona Voya Asia Pacific Associates, L.P.
126	Voya Pomona Asia Pacific Private Equity Co-Invest I L.P.	58.65	Delaware	Security Life of Denver Insurance Company
127	Voya Pomona Asia Pacific Private Equity Co-Invest I L.P.	1.3	Delaware	Voya Pomona Asia Pacific G.P. Limited
128	Voya Pomona Asia Pacific Private Equity Co-Invest I L.P.	39.99	Delaware	Voya Retirement Insurance and Annuity Company
129	Voya Pomona Holdings LLC	100	Delaware	Voya Investment Management Alternative Assets LLC
130	Voya Realty Group LLC	100	Delaware	Voya Investment Management Alternative Assets LLC
131	Voya Retirement Advisors, LLC	100	New Jersey	Voya Institutional Plan Services, LLC
132	Voya Retirement Insurance and Annuity Company	100	Connecticut	Voya Holdings Inc.
133	Voya Services Company	100	Delaware	Voya Financial, Inc.