Reinsurance Group of America Anchors Investment in PACT Capital
Deal News | Jan 23, 2025 | Goodwin
Reinsurance Group of America, a leading figure in the global life and health reinsurance sector, has made a strategic investment in PACT Capital, an independent investment firm. This move, advised by Goodwin's Asset Management Transactions and Private Investment Funds teams, involves an anchor commitment through a subsidiary. PACT Capital specializes in supporting high-performing, middle-market alternative asset managers by providing capital and strategic assistance. It aims to accelerate the growth of its partner firms through various initiatives, including capital formation, product development, and talent management. RGA, established in 1973, is renowned for its commitment to making financial protection broadly accessible, with a substantial $4 trillion in life reinsurance under its administration. Through this investment in PACT Capital, RGA illustrates its commitment to strategic growth and innovation, aligning its capabilities with long-term value creation.
Sectors
- Reinsurance
- Investment Management
Geography
- United States – PACT Capital is headquartered in New York, and the news revolves around a U.S.-based investment firm and its strategic relations.
Industry
- Reinsurance – The sector involves the RGA specializing in life and health reinsurance, providing solutions to manage risk and optimize capital.
- Investment Management – PACT Capital is an independent investment firm helping middle-market alternative asset managers with capital and strategic growth support.
Financials
- $120.3 billion – Assets of Reinsurance Group of America as of September 30, 2024.
- $4.0 trillion – Life reinsurance in force by Reinsurance Group of America.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Reinsurance Group of America, Incorporated | Investor | Company | A global leader in life and health reinsurance solutions aiming to make financial protection accessible. |
| PACT Capital LLC | Target Company | Company | An independent investment firm providing capital and strategic support to middle-market asset managers. |
| Goodwin | Legal Advisor | Company | The law firm advising RGA on the strategic investment in PACT Capital. |