Stakes

AIG Completes Purchase of Minority Stakes in Re/Insurer Convex and PE Firm Onex

Auto Insurance /
Insurance Industry ‘Megadeals’ Dominate 2025, Says PwC

American International Group announced on Friday it has completed the acquisitions of strategic minority ownership stakes in Convex Group Ltd., a privately held, global specialty re/insurer, and Onex Corp., a publicly traded global asset manager. AIG acquired an approximately 35% equity interest in Convex for approximately $2.1 billion, and a 9.9% ownership stake in Onex […]

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General Partner Stakes: Why Investors Buy Into Private Equity

Personal Finance /
General Partner Stakes: Why Investors Buy Into Private Equity

(Image credit: Getty Images) Investors have long appreciated the business model that is asset management, but historically, the only way they could gain exposure was through publicly traded asset managers. The challenge is that those stocks tend to be very volatile, exhibit high correlations to the rest of a typical investor’s portfolio and usually do

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State Street Stakes Secondaries Firm Coller Capital

Real Estate Buying & Selling /
State Street Stakes Secondaries Firm Coller Capital

State Street Investment Management has made a strategic minority investment in Coller Capital, an alternative asset manager specializing in secondaries investments. The two firms have also agreed to collaborate across various client segments to broaden their individual reach. State Street Investment Management manages approximately $5.45 trillion in assets with a focus on ETFs and mutual

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RIA Concurrent Stakes Asset Manager

Real Estate Buying & Selling /
RIA Concurrent Stakes Asset Manager

$12B Concurrent Makes Minority Investment in Florida-Based Asset Manager Concurrent Investment Advisors, a hybrid registered investment advisor with a 1099 affiliation model, has made a minority investment in a Longboat Key, Fla.-based asset manager. Concurrent, which is based in Tampa, did not disclose the amount of the investment in Catherine Avery Investment Management. This was

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Trump Administration Says It’s Not Looking to Take Stakes in TSMC, Micron

Investment Tips /
Trump Administration Says It's Not Looking to Take Stakes in TSMC, Micron

Unlike Intel (INTC), Taiwan Semiconductor Manufacturing Company (TSM) and Micron (MU) may not be required to give up stakes in exchange for their CHIPS Act grants, following some signs of pushback in early talks.  “The Administration is not seeking equity stakes in TSMC or Micron,” a Trump administration official told Investopedia Friday, after comments from

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