Allianz Establishes New $1.6B Private Credit Fund

Allianz Global Investors, the insurance company's money management division, is pushing ahead with plans to raise at least 1.5 billion euros ($1.63 billion) for a new global private credit fund, a ...

XL Group Grabs Minority Stake in Ada Investments

An affiliate of XL Group plc, the global insurance and reinsurance company, recently bought up a minority stake in Ada Investments. Neither side is disclosing specifics. Ada Investments is based in ...