PSP Investments and Lightyear Capital to Buy AIG Advisor Group

Posted on 01/26/2016


New York-based Lightyear Capital LLC, a private equity firm focused on the financial sector, partnered with PSP Investments to buy AIG Advisor Group, Inc., a subsidiary of American International Group, Inc. (AIG). AIG is continuing to shed its non-core businesses. AIG is in the process for an initial public offering for its mortgage insurance unit, […]