AIG strikes life and asset management alliance with Blackstone
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

AIG strikes life and asset management alliance with Blackstone

Bernard Goyder
July 14, 2021
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
AIG and Blackstone logo with Zaffino .jpg

AIG has agreed to sell a 9.9% stake in its life and retirement business to Blackstone for $2.2bn, as part of a multifaceted corporate alliance that will involve $50bn of assets moving under the private equity giant’s management.

The transaction also involves AIG selling a portfolio of affordable housing assets to a Blackstone real estate fund for $5.1bn.

AIG

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsAIG
BG
Bernard Goyder
Gift this article