Announced
Financials
Tags
Domestic
Private Equity
Private
Minority
Pending
Life Insurance
life insurance
United States
Acquisition
Friendly
Single Bidder
Synopsis
Blackstone agreed to invest $500m in Resolution Life, a global life insurance group focusing on the acquisition and management of portfolios of life insurance policies. “This partnership accelerates Resolution Life’s growth through access to Blackstone’s capital and investment capabilities. It is a continuation of Resolution’s 20-year mission to be the partner of choice for the life insurance industry and a custodian for its in-force policyholders globally," Clive Cowdery, Resolution Life Founder and Executive Chairman.
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