Reinsurance Group of America Announces Investment in PACT Capital LLC
15 1월 2025 - 6:10AM
Business Wire
Reinsurance Group of America, Incorporated (NYSE: RGA), a
leading global life and health reinsurer, announced today that,
through a wholly-owned subsidiary, it has made a strategic
investment in, and anchor commitment to, PACT Capital LLC (PACT),
an independent investment firm focused on providing capital and
strategic support to middle market alternative asset managers. PACT
will seek to partner with high-performing established and emerging
private capital firms to help them achieve their strategic growth
objectives.
“Our strategic investment in PACT demonstrates our commitment to
forging collaborative relationships that drive shared value for all
stakeholders. This partnership provides us with valuable exposure
to a specialized asset class and exemplifies the type of
opportunities and relationships RGA is actively pursuing to enhance
our investment capabilities,” said Leslie Barbi, Executive Vice
President and Chief Investment Officer, RGA. “RGA will continue to
grow our strategic investment portfolio focused on asset management
partners with unique sourcing and underwriting capabilities that
complement RGA’s global investment platform.”
“I believe our partnership with RGA, a recognized global
reinsurance leader, both validates PACT’s differentiated investment
approach and strategically positions us as a preferred capital
solutions provider for middle market companies,” said Christian von
Schimmelmann, Managing Partner and Co-Founder, PACT. “With RGA’s
support, we will be able to accelerate our development and
strengthen our market position. We look forward to a productive
long-term partnership.”
Goodwin Procter LLP served as legal advisor to RGA. Additional
terms of the transaction are not being disclosed.
About RGA
Reinsurance Group of America, Incorporated (NYSE: RGA) is a
global industry leader specializing in life and health reinsurance
and financial solutions that help clients effectively manage risk
and optimize capital. Founded in 1973, RGA is today one of the
world’s largest and most respected reinsurers and remains guided by
a powerful purpose: to make financial protection accessible to all.
As a global capabilities and solutions leader, RGA empowers
partners through bold innovation, relentless execution, and
dedicated client focus — all directed toward creating sustainable
long-term value. RGA has approximately $4.0 trillion of life
reinsurance in force and assets of $120.3 billion as of September
30, 2024. To learn more about RGA and its businesses, please visit
rgare.com or follow RGA on LinkedIn and Facebook. Investors can
learn more at investor.rgare.com.
About PACT Capital
PACT Capital is an independent investment firm focused on
providing capital and strategic support to middle-market
alternative asset management firms. PACT seeks to partner with
high-performing established and emerging private capital firms and
help them to achieve their strategic objectives. Headquartered in
New York, PACT utilizes its proprietary imPACT platform to assist
partner firms in accelerating capital formation, designing and
launching new products, improving operations, attracting and
retaining talent, leveraging cutting-edge technology, and improving
outcomes for underlying portfolio companies. For additional
information, please visit pactcapitalpartners.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20250114581077/en/
Lynn Phillips Vice President, Corporate Communications
636-736-2351 lphillips@rgare.com
Lizzie Curry Executive Director, Public Relations 636-736-8521
lizzie.curry@rgare.com
Jeff Hopson Senior Vice President, Investor Relations
636-736-2068 jhopson@rgare.com
Mike Geller (on behalf of PACT Capital) Partner, Prosek Partners
646-818-9018 mgeller@prosek.com
Reinsurance Group of Ame... (NYSE:RGA)
과거 데이터 주식 차트
부터 12월(12) 2024 으로 1월(1) 2025
Reinsurance Group of Ame... (NYSE:RGA)
과거 데이터 주식 차트
부터 1월(1) 2024 으로 1월(1) 2025