Three investors have completed a deal to buy a two-third stake in Rothesay Life from parent company Goldman Sachs, after receiving regulatory approval.
The transaction will see funds managed by private equity firm Blackstone and sovereign wealth fund GIC acquire 28.5% each and life insurance company MassMutual take a 7% stake. It will provide t...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
