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Announced

Completed

Reinsurance Group of America completed the investment in Velocity Capital Advisors.

Synopsis

Reinsurance Group of America, a global life and health reinsurer, completed the investment in Velocity Capital Advisors, an alternative asset management company dedicated to providing asset-based liquidity solutions in the form of senior loans or preferred stock supported by portfolios of alternative assets. Financial terms were not disclosed. "The entire Velocity team is grateful for and humbled by the support that all of our borrowers and investors have shown in our business since inception. RGA is the ideal partner for our firm as we enter our next phase of growth. They share our strategic vision for the business which is premised on providing tailored capital solutions to meet the unique liquidity needs of the alternative asset secondary market. With RGA’s support, and that of our other investors, we believe that we can continue to strengthen our market position by delivering a differentiated value proposition to all of the constituents that we serve," Ed Levy, Velocity Managing Partner.

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