Private-equity firm KKR said Wednesday it is buying the rest of retirement and life-insurance company Global Atlantic for $2.7 billion.
Tag: private equity and insurance
U.S. Insurance Asset Sales Attract New Private Equity Players, Strategies
U.S. insurers are stepping up sales of annuities and other capital-intensive assets amid a surge in interest from new and established private equity buyers hungry to boost the amount of money they manage, according to industry sources and public data. Companies such as Sixth Street Partners and KKR & Co Inc have spent billions of… Continue reading U.S. Insurance Asset Sales Attract New Private Equity Players, Strategies