Lightyear Capital has completed the acquisition of AIG Advisor Group.

Lightyear Capital, a New York-based private equity firm focused on financial services investing, has completed the acquisition of AIG Advisor Group, a broker-dealer network. Financial terms were not disclosed. “We see enormous opportunity to grow and expand Advisor Group, and we look forward to working with Valerie Brown and Erica McGinnis, the Advisor Group management team, the PSP Investments team, and the Advisor Group’s high-quality advisor force to grow the company.” Mark Vassallo, Lightyear Managing Partner.