In a significant development in the real estate finance sector, Blue Owl Capital Inc. (NYSE: OWL), a prominent alternative asset manager, has completed the acquisition of Prima Capital Advisers from Stone Point Capital LLC for a total consideration of $170 million. This strategic purchase, initially announced in April 2024, is set to reinforce Blue Owl’s […]
HireRight Holdings Corporation (NYSE: HRT), a preeminent provider of global background screening services and workforce solutions, has announced a definitive agreement for its acquisition by investment funds affiliated with General Atlantic, L.P., and Stone Point Capital LLC. The transaction, which sees the Sponsors, currently holding approximately 75% of HireRight’s outstanding common stock, acquiring the remaining […]
CNO Financial Group said that it has acquired a minority stake in Rialto Capital, a Florida-based real estate investment management and asset management company. The amount paid for the stake acquisition was not disclosed by CNO Financial Group, which is an Indiana-based financial services holding company. It joins Stone Point Capital-managed funds and the management […]
An investor consortium led by funds managed by Stone Point Capital and Further Global has struck a $4.2 billion deal to acquire financial consultancy firm Duff & Phelps from Permira funds and others. As per the terms of the deal, Permira funds will retain a significant minority stake in Duff & Phelps, which is engaged […]
Tokio Marine acquisition of PURE Group : Japanese insurance holding company Tokio Marine will acquire Privilege Underwriters (PUI), which does business through the US insurance group – Pure Group of Insurance Companies (PURE Group) for $3.1 billion. The US insurance group is being acquired from investors led by KKR and Stone Point Capital, as per […]