Exhibit 21.1

	Subsidiary	% Parent Interest Held	State/Country of Jurisdiction	Parent
1	Benefit Strategies, LLC	100	New Hampshire	Voya Benefits Company, LLC
2	ILICA LLC	100	Connecticut	Voya Holdings Inc.
3	ING Pomona Private Equity Management (Luxembourg) S.A.	99.2	Luxembourg	Voya Investment Management Alternative Assets LLC
4	ING Pomona Private Equity Management (Luxembourg) S.A.	0.8	Luxembourg	Voya Pomona Holdings LLC
5	Oconee Real Estate Holdings LLC	19	Delaware	ReliaStar Life Insurance Company
6	Oconee Real Estate Holdings LLC	31	Delaware	Voya Retirement Insurance and Annuity Company
7	Opportunity Investor P Associates, L.P.	49	Delaware	Pomona G.P. Holdings LLC
8	Opportunity Investor P Associates, L.P.	1	Delaware	Opportunity Investor P Secondary Associates, LLC
9	Opportunity Investor P Secondary Associates, LLC	100	Delaware	Pomona G.P. Holdings LLC
10	Opportunity Investor P, L.P.	1	Delaware	Opportunity Investor P Associates, L.P.
11	Pen-Cal Administrators, Inc.	100	California	Voya Financial, Inc.
12	Pomona Associates V, LP	49	Delaware	Pomona G.P. Holdings LLC
13	Pomona Associates V, LP	1	Delaware	Pomona Secondary Associates V LLC
14	Pomona Associates VI, LP	49	Delaware	Pomona G.P. Holdings LLC
15	Pomona Associates VI, LP	1	Delaware	Pomona Secondary Associates VI LLC
16	Pomona Associates VII, L.P.	49	Delaware	Pomona G.P. Holdings LLC
17	Pomona Associates VII, L.P.	1	Delaware	Pomona Secondary Associates VII LLC
18	Pomona Associates VIII, L.P.	49	Delaware	Pomona G.P. Holdings LLC
19	Pomona Associates VIII, L.P.	1	Delaware	Pomona Secondary Associates VIII, 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 III LLC	100	Delaware	Pomona Primary Associates III LLC

Exhibit 21.1

27	Pomona Investors III, L.P.	49	Delaware	Pomona G.P. Holdings LLC
28	Pomona Investors III, L.P.	1	Delaware	Pomona Primary Associates III LLC
29	Pomona Investors IV, L.P.	49	Delaware	Pomona G.P. Holdings LLC
30	Pomona Investors IV, L.P.	1	Delaware	Pomona Primary Associates IV LLC
31	Pomona Investors V L.P.	49	Delaware	Pomona G.P. Holdings LLC
32	Pomona Investors V L.P.	1	Delaware	Pomona Primary Associates V LLC
33	Pomona Management LLC	100	Delaware	Voya Pomona Holdings LLC
34	Pomona Primary Associates III LLC	100	Delaware	Pomona G.P. Holdings LLC
35	Pomona Primary Associates IV LLC	100	Delaware	Pomona G.P. Holdings LLC
36	Pomona Primary Associates V LLC	100	Delaware	Pomona G.P. Holdings LLC
37	Pomona Secondary Associates V LLC	100	Delaware	Pomona G.P. Holdings LLC
38	Pomona Secondary Associates VI LLC	100	Delaware	Pomona G.P. Holdings LLC
39	Pomona Secondary Associates VII LLC	100	Delaware	Pomona G.P. Holdings LLC
40	Pomona Secondary Associates VIII, LLC	100	Delaware	Pomona G.P. Holdings LLC
41	Pomona Secondary Co-Investment Associates, LLC	100	Delaware	Pomona G.P. Holdings LLC
42	Pomona Secondary Co-Investment Associates, LP	1	Delaware	Pomona Secondary Co-Investment Associates, LLC
43	Pomona Secondary Co-Investment Associates, LP	49	Delaware	Pomona G.P. Holdings LLC
44	Pomona Voya (US) Holdings Associates II LLC	100	Delaware	Pomona G.P. Holdings LLC
45	Pomona Voya (US) Holdings Associates II, L.P.	1	Delaware	Pomona Voya (US) Holdings Associates II LLC
46	Pomona Voya (US) Holdings Associates II, L.P.	49	Delaware	Pomona G.P. Holdings LLC
47	Pomona Voya (US) Holdings Associates III LLC	100	Delaware	Pomona G.P. Holdings LLC
48	Pomona Voya (US) Holdings Associates III LP	1	Delaware	Pomona Voya (US) Holdings Associates III LLC
49	Pomona Voya (US) Holdings Associates III LP	49	Delaware	Pomona G.P. Holdings LLC
50	Pomona Voya (US) Holdings Associates IV LLC	100	Delaware	Pomona G.P. Holdings LLC
51	Pomona Voya (US) Holdings Associates IV, L.P.	1	Delaware	Pomona Voya (US) Holdings Associates IV LLC
52	Pomona Voya (US) Holdings Associates IV, L.P.	49	Delaware	Pomona G.P. Holdings LLC
53	Pomona Voya (US) Holdings Associates LLC	100	Delaware	Pomona G.P. Holdings LLC

Exhibit 21.1

54	Pomona Voya (US) Holdings Associates V, L.P.	49	Delaware	Pomona G.P. Holdings LLC
55	Pomona Voya (US) Holdings Associates V, L.P.	1	Delaware	Pomona Voya (US) Holdings Associates V, LLC
56	Pomona Voya (US) Holdings Associates V, LLC	100	Delaware	Pomona G.P. Holdings LLC
57	Pomona Voya (US) Holdings Associates, L.P.	1	Delaware	Pomona Voya (US) Holdings Associates LLC
58	Pomona Voya (US) Holdings Associates, L.P.	49	Delaware	Pomona G.P. Holdings LLC
59	Pomona Voya (US) Holdings Co- Investment Associates II, L.P.	1	Delaware	Pomona Voya (US) Holdings Associates II, L.P.
60	Pomona Voya (US) Holdings Co- Investment Associates II, L.P.	49	Delaware	Pomona G.P. Holdings LLC
61	Pomona Voya (US) Holdings Co-Investment Associates L.P.	1	Delaware	Pomona Voya (US) Holdings Associates II LLC
62	Pomona Voya (US) Holdings Co-Investment Associates L.P.	49	Delaware	Pomona G.P. Holdings LLC
63	Pomona Voya (US) Holdings Co-Investment II, L.P.	24.29	Delaware	ReliaStar Life Insurance Company
64	Pomona Voya (US) Holdings Co-Investment II, L.P.	0.14	Delaware	Pomona Voya (US) Holdings Co- Investment Associates II, L.P.
65	Pomona Voya (US) Holdings Co-Investment II, L.P.	1	Delaware	Pomona Voya (US) Holdings Associates II, L.P.
66	Pomona Voya (US) Holdings Co-Investment II, L.P.	29.69	Delaware	Voya Retirement Insurance and Annuity Company
67	Pomona Voya (US) Holdings IV, L.P.	11.46	Delaware	ReliaStar Life Insurance Company
68	Pomona Voya (US) Holdings IV, L.P.	0.13	Delaware	Pomona Voya (US) Holdings Associates IV, L.P.
69	Pomona Voya (US) Holdings IV, L.P.	13.50	Delaware	Voya Retirement Insurance and Annuity Company
70	Pomona Voya (US) Holdings V L.P.	32.22	Delaware	ReliaStar Life Insurance Company
71	Pomona Voya (US) Holdings V L.P.	0.12	Delaware	Pomona Voya (US) Holdings Associates V, L.P.
72	Pomona Voya (US) Holdings V L.P.	40.28	Delaware	Voya Retirement Insurance and Annuity Company
73	Pomona Voya (US) Holdings V-A, L.P.	33.30	Delaware	ReliaStar Life Insurance Company
74	Pomona Voya (US) Holdings V-A, L.P.	0.12	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 Asia Pacific Associates, L.P.	49	Delaware	Pomona G.P. Holdings LLC
77	Pomona Voya Asia Pacific Associates, L.P.	1	Delaware	Pomona Voya Asia Pacific Associates, LLC
78	Pomona Voya Asia Pacific Associates, LLC	100	Delaware	Pomona G.P. Holdings LLC
79	Rancho Mountain Properties, Inc.	100	Delaware	Voya Holdings Inc.
80	ReliaStar Life Insurance Company	100	Minnesota	Voya Holdings Inc.

Exhibit 21.1

81	ReliaStar Life Insurance Company of New York	100	New York	ReliaStar Life Insurance Company
82	RiverRoch LLC	10.8	Delaware	ReliaStar Life Insurance Company
83	RiverRoch LLC	53.7	Delaware	Voya Retirement Insurance and Annuity Company
84	Security Life Assignment Corporation	100	Colorado	Voya Financial, Inc.
85	The Voya Proprietary Alpha Fund, LLC	30.2	Delaware	ReliaStar Life Insurance Company
86	The Voya Proprietary Alpha Fund, LLC	1	Delaware	Voya Alternative Asset Management LLC
87	VFI SLK Global Services Private Limited	49	India	Voya Financial, Inc.
88	Voya Alternative Asset Management Ireland Limited	100	Ireland	Voya Investment Management Alternative Assets LLC
89	Voya Alternative Asset Management LLC	100	Delaware	Voya Investment Management Alternative Assets LLC
90	Voya Benefits Company, LLC	100	Delaware	Voya Holdings Inc.
100	Voya Capital, LLC	100	Delaware	Voya Investment Management LLC
101	Voya Custom Investments LLC	100	Delaware	Voya Financial Holdings II, LLC
102	Voya Financial Advisors, Inc.	100	Minnesota	Voya Holdings Inc.
103	Voya Financial Partners, LLC	100	Delaware	Voya Retirement Insurance and Annuity Company
104	Voya Funds Services, LLC	100	Delaware	Voya Capital, LLC
105	Voya Holdings Inc.	100	Connecticut	Voya Financial, Inc.
106	Voya Institutional Plan Services, LLC	100	Delaware	Voya Retirement Insurance and Annuity Company
107	Voya Institutional Trust Company	100	Connecticut	Voya Holdings Inc.
108	Voya Insurance Solutions, Inc.	100	Connecticut	Voya Holdings Inc.
109	Voya International Nominee Holdings, Inc.	100	Connecticut	Voya Holdings Inc.
110	Voya Investment Management (UK) Limited	100	United Kingdom	Voya Investment Management Co. LLC
111	Voya Investment Management Alternative Assets LLC	100	Delaware	Voya Investment Management LLC
112	Voya Investment Management Co. LLC	100	Delaware	Voya Investment Management LLC
113	Voya Investment Management LLC	100	Delaware	Voya Holdings Inc.
114	Voya Investment Management Services (UK) Limited	100	United Kingdom	Voya Investment Management Co. LLC
115	Voya Investment Trust Co.	100	Connecticut	Voya Investment Management Co. LLC
116	Voya Investments Distributor, LLC	100	Delaware	Voya Funds Services, LLC

Exhibit 21.1

117	Voya Investments, LLC	100	Arizona	Voya Funds Services, LLC
118	Voya Multi-Strategy Opportunity Fund LLC	100	Delaware	Voya Alternative Asset Management LLC
119	Voya Payroll Management, Inc.	100	Delaware	Voya Financial, Inc.
120	Voya Pomona Asia Pacific G.P. Limited	100	Hong Kong	Pomona Voya Asia Pacific Associates, L.P.
121	Voya Pomona Asia Pacific Private Equity Co-Invest I L.P.	1.35	Delaware	Voya Pomona Asia Pacific G.P. Limited
122	Voya Pomona Asia Pacific Private Equity Co-Invest I L.P.	39.99	Delaware	Voya Retirement Insurance and Annuity Company
123	Voya Pomona Holdings LLC	100	Delaware	Voya Investment Management Alternative Assets LLC
124	Voya Realty Group LLC	100	Delaware	Voya Investment Management Alternative Assets LLC
125	Voya Retirement Advisors, LLC	100	New Jersey	Voya Retirement Insurance and Annuity Company
126	Voya Retirement Insurance and Annuity Company	100	Connecticut	Voya Holdings Inc.
127	Voya Services Company	100	Delaware	Voya Financial, Inc.
128	Voya Special Investments, Inc.	0.20	Delaware	Voya Financial, Inc.
129	Voya Special Investments, Inc.	49.99	Delaware	Voya Financial, Inc.
130	Voya Special Investments, Inc.	49.99	Delaware	Voya Financial, Inc.