Carlyle Group and T&D Holdings to Acquire Majority Interest in Fortitude Re from AIG
Posted on 11/27/2019
On November 25, 2019, American International Group, Inc., The Carlyle Group, and Japan-based T&D Holdings announced that a newly-created Carlyle-managed fund, together with T&D, have partnered to acquire from AIG a 76.6% ownership interest in Fortitude Group Holdings, whose group companies operate as Fortitude Re, for approximately US$ 1.8 billion. After closing, ownership interests in […]
