T. Rowe Price, Alpha Wave Global, and Temasek led a $1.6bn round in Hub International.

Investment firms T. Rowe Price, Alpha Wave Global, and Temasek led a $1.6bn round in Hub International, a global insurance brokerage and financial services firm, with participation from other new and existing investors. "HUB's unparalleled middle market experience over the past 25+ years delivering industry and product specialization and risk management solutions brings a significant differentiation and level of expertise to our clients. Our ongoing investments in innovation, proprietary products, and strategic M&A, along with our commitment to learning and development, has led to consistent performance and strength in our organic growth and new business generation," Marc Cohen, HUB International Chairman and CEO.