Insurance Companies

Increased appetite from Institutional investors, access to liquidity and the proliferation of bespoke structures have accelerated change in fund finance, according to panellists at the European Fund Finance Symposium.

Managers selling minority stakes in their businesses can have implications for LPs invested in or considering the relevant GPs' funds.

Uncertainty has put a dent in otherwise burgeoning secondaries volumes; industry participants urge caution around evergreen marketing; emerging managers get a leg up in Canada.

The deal, which will form a life and pensions giant with a £480bn-odd asset portfolio, reflects the trend for consolidation among both LPs and managers.

US managers are increasingly looking to apply their expertise in Europe as appetite for defence investment spreads in the region.

Exits and liquidity pressures, growing mid-market opportunities and the rise of evergreen capital are reshaping how LPs are approaching private equity investing.

Aoife Prendiville is moving on after some nine years with the Asian insurer, which has a $333bn asset portfolio.

Several senior executives have left the UK life insurer ahead of its imminent rebranding as Standard Life, affiliate title Private Debt Investor has learned.