Annuity Issuer Invests $1B in Midsize Firms
April 16, 2024 by Allison Bell
American Equity Investment Life is putting $1 billion in a new arrangement that will provide credit for midsize U.S. businesses.
The West Des Moines, Iowa-based fixed annuity issuer has invested the cash in ASP Summa, a collateralized loan obligation set up by Adams Street Partners, a Chicago-based investment firm.
Click HERE to read the full story via Think Advisor
Originally Posted at Think Advisor on April 9, 2024 by Allison Bell.
Categories: Industry Articles