TPG to invest $500m in Jackson Financial.

TPG, a global alternative asset management firm, agreed to invest $500m in Jackson Financial, a US retirement services firm. “Today marks a significant milestone for Jackson’s next phase of growth and our commitment to provide long-term value for all stakeholders. I am proud to form this strategic partnership with an organization that shares our commitment to delivering world-class performance through a collaborative and client-centric approach. The complementary strengths of Jackson and TPG will enhance our competitiveness in the market, supporting our efforts to bring more value to consumers to meet the growing needs of Americans seeking financial security in retirement,” Laura Prieskorn, Jackson President and Chief Executive Officer.