Tag: AIG

Private Equity Continues To Acquire Insurance Assets

Private Equity Continues To Acquire Insurance Assets

Blackstone (ticker: BX) and AIG (ticker: AIG) announced a deal where Blackstone would pay $2.2 billion to acquire a 9.9% stake in AIG's life insurance and retirement services group ("AIG L&R"). The deal will take Blackstone's insurance business to approximately $150 billion AUM. We will have a TEK2day "Spotlight" report on this subject in the … Continue reading Private Equity Continues To Acquire Insurance Assets