Reported about 1 month ago
Brookfield Wealth Solutions is looking to sell a private credit portfolio valued at approximately $1.5 billion from its acquisition of American National in 2022. The portfolio includes around $1.2 billion in private credit assets, primarily senior loans and opportunistic credit. Jefferies Financial Group has been brought in to find buyers, highlighting a growing acceptance of the secondary market for fund stakes, though sales may come at discounted prices.
Source: YAHOO