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 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 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 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 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 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.

Hildene Capital Management to acquire SILAC Insurance Company in a $550 million cash deal, expanding its footprint in the U.S. fixed and fixed indexed annuity market amid rising annuity sales and evolving regulatory landscape.

Explore the growth potential and challenges of in-plan annuities in U.S. retirement plans as demand for guaranteed lifetime income rises amid low market awareness and regulatory complexities.

New York Life Investments appoints Matt Mosca to lead global institutional distribution, positioning the firm for growth with $800B in assets under management.

Explore Nuveen's top mid-cap blend mutual funds with strong three-year returns and Zacks Rank #1 status, highlighting key asset management strategies and performance insights.