Aflac to acquire a 40% stake in Tree Line Capital Partners from Stone Point.

Aflac, a financial services company, agreed to acquire a 40% stake in Tree Line Capital Partners, a direct lending company, from Stone Point, an alternative investment management firm. Financial terms were not disclosed. "We are pleased to announce this strategic partnership with Tree Line as we continue to advance our growth strategy for Aflac Global Investments and leverage our outsourcing capabilities to generate additional value for Aflac and our stakeholders. Tree Line's disciplined approach to credit underwriting aligns strongly with our core investment principles. We are pleased to partner with them and gain their expertise in middle market direct lending, which remains a strategically important asset class for our $100bn investment portfolio," Bradley E. Dyslin, Aflac CIO.