Goldman completes partial Rothesay sale

clock

Three investors have completed a deal to buy a two-third stake in Rothesay Life from parent company Goldman Sachs, after receiving regulatory approval.

The transaction will see funds managed by private equity firm Blackstone and sovereign wealth fund GIC acquire 28.5% each and life insurance company MassMutual take a 7% stake. It will provide t...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

Sanofi scheme completes £1.4bn buy-in with Legal & General

Sanofi scheme completes £1.4bn buy-in with Legal & General

Transaction secures the benefits for more than 10,000 retirees and deferred members

Martin Richmond
clock 28 January 2025 • 3 min read
Updated: The biggest buy-ins and buyouts since 2007

Updated: The biggest buy-ins and buyouts since 2007

Professional Pensions rounds up the largest block transfers of liabilities to insurers

Professional Pensions
clock 28 January 2025 • 1 min read
WTW predicts £70bn in bulk annuity and longevity swap transactions in 2025

WTW predicts £70bn in bulk annuity and longevity swap transactions in 2025

Consultancy says ‘buoyant’ funding levels will enable more schemes to conduct a transaction

Martin Richmond
clock 27 January 2025 • 3 min read
Trustpilot