Tag: Asset Management

NEPC Announces CIO and CEO Succession Plans to Strengthen Leadership

NEPC names Sarah Samuels as CIO and Tim McCusker as president and incoming CEO, ensuring leadership continuity and bolstering investment strategy ahead of its 40th anniversary.

Hillhouse Emerges as Preferred Bidder for South Korea's IGIS Asset Management

Hillhouse Investment Management is the preferred bidder for IGIS Asset Management, South Korea’s largest real estate asset manager, signaling key market shifts with major domestic and foreign contenders in final acquisition stage.

Jefferies Acquires 50% Stake in Hildene Capital; Hildene Expands with SILAC Annuities Buy

Jefferies Financial Group acquires 50% of credit manager Hildene Capital Management and supports its expansion into annuities with Hildene's $550M purchase of SILAC Insurance. The deal highlights strategic moves in asset and insurance investment space.

Tata AIA Life Insurance Reports 20.81% AUM Growth with Strong ULIP Fund Performance

Tata AIA Life Insurance achieved 20.81% year-on-year asset growth and strong ULIP fund returns, outperforming benchmarks over five years ending 2025. Insights on investment strategy and insurance premium growth.

New York City's CIO Steven Meier Oversees $306.3 Billion Asset Portfolio

Steven Meier, CIO and deputy comptroller for New York City Bureau of Asset Management, manages a $306.3 billion portfolio as of September 30, focusing on public fund oversight and strategic asset management.

Hildene Capital to Acquire SILAC Annuity Provider for $550M; Jefferies Buys 50% Stake in Hildene

Hildene Capital Management is set to acquire SILAC Inc., an annuity provider with $10B in assets, for $550M. Simultaneously, Jefferies Financial Group purchases a 50% stake in Hildene. Deals expected to close by 2026 pending regulatory approval.

Jefferies Acquires Stake in Hildene Capital Amid SILAC Insurance Acquisition

Jefferies Financial Group acquires 50% stake in Hildene Capital Management as Hildene moves to acquire SILAC Insurance, enhancing their presence in fixed indexed annuity markets and alternative asset management.

Jefferies to Acquire Stake in Hildene; Morgan Stanley Upgrades Rating

Jefferies Financial Group to acquire 50% stake in credit asset manager Hildene Capital, expects $75M pretax gain by Q3 2026. Morgan Stanley upgrades rating on capital market rebound prospects.

Jefferies' Strategic Stake in Hildene and Annuity Acquisition Boosts Earnings

Jefferies Financial Group acquires a 50% stake in Hildene Capital Management as Hildene acquires annuity firm Silac, enhancing earnings and investor confidence through strategic asset diversification.

Hildene Capital to Acquire U.S. Annuity Provider SILAC for $550M

Hildene Capital Management announces acquisition of SILAC, a U.S. fixed indexed annuity provider, for $550 million, enhancing its insurance solutions platform and expanding investment management capabilities.