Experience

• • Breakthrough Properties in the formation of Breakthrough Life Science Property Fund, a $3 billion life science real estate property investment program.
  • Carlyle in the formation of Carlyle Credit Opportunities Fund II, a $4.6 billion credit opportunities fund.
  • Manulife, a Canadian multinational insurance company and financial services provider, in its reinsurance deal with Venerable, a provider of risk transfer solutions to variable annuity issuers, releasing approximately $2 billion in capital.
  • Fortitude Re, a Carlyle portfolio company, in its acquisition of a $31 billion block of legacy variable annuities from Prudential Financial for a total transaction value of $2.2 billion.
  • Prudential in the sale of its retirement plan business to Empower for a total transaction value of $3.55 billion.
  • Global Atlantic, a retirement and life insurance company, in an $8 billion annuity reinsurance transaction between two of its insurance subsidiaries and Ameriprise Financial insurance subsidiaries.