Advanced Search

v2.0

Sun Life picks up 80% of InfraRed

by Alice Murray 19 December 2019

Canadian insurer Sun Life Financial has acquired an 80% stake in London-headquartered infrastructure and real estate manager InfraRed Capital Partners.

According to the Financial Times, the deal had been delayed due to uncertainty caused by the UK general election.

Sun Life paid £300m for its stake in the $12bn manager. InfraRed generated an operating profit of £21.5m in 2018.

Categories: NewsFundraising & fund structuringOutsourcing

TAGS:

18 April 2024

HNWI hurdling

The UK may have reversed its changes to the HNWI regime but the conversation seems far from over

19 April 2024

RSM appoints new head of private equity

Stuart Clowser succeeds Charlie Jolly who was previously in the role for nine years

18 April 2024

Apex acquires South African ManCo

Acquisition of IP Management Company is continuation of growing Apex’s ManCo offering

18 April 2024

Ocorian launches ESG reporting tool

The SFDR and SDR reporting tool is powered by technology from Treety

17 April 2024

Debevoise appoints funds partner

Goodwin’s Shawn D’Aguiar makes the switch after seven years

16 April 2024

Chronograph launches Chrono AI

The tool will assists LPs with portfolio monitoring and analysis