SunLife Financial Buys Bell Partners for $350M

SunLife Financial buys Bell Partners for $350M

The financial services organization will combine the Greensboro, North Carolina-based multifamily investment and operating firm with global real estate investment manager BGO

Sun Life to pay almost $3-billion for stakes in private credit and real estate management firms

Chief executive Kevin Strain says BGO and Crescent are ‘integral’ to overall growth strategy

Sun Life completes remaining equity interest purchases of BGO and Crescent Capital. Sun Life also announces acquisition of Bell Partners, a leading multifamily real estate investment manager.

/PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) today announced it has completed both the acquisition of the remaining equity interests in BGO,...

Sun Life Doubles Down on Asset Management With Three Deals

Sun Life Buys Out BGO, Crescent Capital, Picks Up Bell Partners In $2B Buying Spree

Canadian investment giant Sun Life Financial is making a $2B bet on global real estate. The Toronto-based financial services firm, which manages some $1.6T in assets, announced three acquisitions. It is spending $1.2B to buy the remaining 44% of shares it doesn’t already own in BGO, a global real estate investment firm formerly known as BentallGreenOak; another $608M to buy out the remaining shares of global alternative credit investment manager…

Sun Life buys out Crescent Capital to expand credit offering

Canadian insurer Sun Life has acquired the remaining equity stake in global alternative credit manager Crescent Capital Group as it looks to expand its expertise in private debt. The insurer paid C$829m (£450.2m) for the remaining 49 per cent stake in $50bn (£37.9bn) Crescent. It follows Sun Life acquiring a 51 per cent stake in […] The post Sun Life buys out Crescent Capital to expand credit offering appeared first on Alternative Credit Investo…