Sixth Street, a global investment firm, completed the acquisition of Talcott Resolution, an insurance firm, from a consortium of investors led by Cornell Capital, Atlas Merchant Capital, TRB Advisors, Global Atlantic Financial Group, Pine Brook, J. Safra Group and The Hartford, for $2bn. "We want to thank the consortium for their tremendous support over the past few years as we established Talcott Resolution as an independent growth platform for risk transfer solutions. We are looking forward to our partnership with Sixth Street and the next chapter in Talcott's evolution. Sixth Street's commitment to expand its presence in the insurance industry along with its stable, long-term capital base will be significant catalysts for our company's growth," Pete Sannizzaro, Talcott Resolution CEO and President.