Insurance Companies

Fubon Life sells PE, infra fund stakes worth more than $1bn

Part of the portfolio, which includes exposure to Advent International and Antin Infrastructure Partners, was picked up by Hamilton Lane.

Coller snaps up $1.6bn LP-led credit portfolio from American National

Credit transactions accounted for 8% of the total $89bn LP-led volume last year, according to a report from Evercore.

Taiwanese insurer Nan Shan Life shops sizeable portfolio

The Taiwanese insurer’s portfolio sale deal could be around $2bn in size, Secondaries Investor has learned.

Munich Re on the co-invest dealflow ratio fallacy

MEAG MUNICH ERGO, the asset management arm of European insurer, would rather see one good co-investment opportunity than be shown multiple bad ones, says head of PE and co-investments Gregory Schmitt.

Montana rejigs leadership, poaches Lazard MD in NY

Managing partner Stephan Wessel has been promoted to CEO with the firm hiring a new managing partner to lead its North America growth.

Manulife secondaries co-heads to depart the firm

Paul Sanabria and Jeff Hammer joined the asset management unit of Canada’s largest insurer in 2019 and have overseen its debut GP-led fundraise.

Ardian, Blackstone and Pantheon line up as buyers on Shin Kong’s fund sales

The deals come as Taiwanese insurers cut their private market exposure in anticipation of a new regulatory capital regime set to begin next year.

Ares emerges as buyer on AXA’s LP-led deal

The process involves moving stakes into a new managed fund, Secondaries Investor has learned.

AXA on the tailwinds and headwinds affecting infrastructure secondaries

Infrastructure secondaries will benefit from the same drivers of turnover as the private equity market, write AXA IM Prime’s Jean-Pascal Asseman and Faraz Qureshi.

AlpInvest and Montana lead Ping An’s latest secondaries deal to seed new fund

The process involved moving a portfolio of buyout and growth stakes from North American and European managers into a new vehicle.