SageSure completes investment in Pillar Capital Management, which manages over $4 billion
ARES Ares Management Corp
$115.62 -2.14%
View chart & analysis → - 1SageSure completed its investment in Pillar Capital Management by expanding its existing debt facility with Ares Management.
- 2Pillar Capital Management is a Bermuda-based insurance-linked securities fund manager with over $4 billion in assets under management.
- 3SageSure has approximately 1 million policyholders and manages over $3 billion in written premiums.
So what's the key point?
SageSure has finished investing in Pillar Capital Management, a firm that manages more than $4 billion. By investing in an insurance-related fund manager, the company is expanding its business.
Source Life Insurance International · View original ↗
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