City
Epaper

Samsung Life seeks stake in European alternative investment manager

By ANI | Updated: September 14, 2025 13:55 IST

Seoul [South Korea], September 14 : Samsung Life Insurance is in talks to acquire a stake in a European ...

Open in App

Seoul [South Korea], September 14 : Samsung Life Insurance is in talks to acquire a stake in a European alternative investment firm managing 55 trillion won (USD 39.6 billion), mainly via private debt, as part of its strategy to diversify earnings amid sluggish growth in the domestic life insurance market, as per a report by Pulse, the English service of Maeil Business Newspaper Korea.

According to foreign media and the insurance industry on Thursday, Samsung Life has been negotiating to buy part of Hayfin's shares held by U.S. private equity group Arctos Partners LP. Hayfin is an alternative investment firm managing 34 billion euros in assets across private debt and private equity, with Abu Dhabi sovereign wealth fund Mubadala and France's AXA Investment Managers Prime also buying minority stakes in Hayfin in July 2025.

Industry officials see Samsung Life's move as aimed at efficient asset management. The company not only anticipates gains from potential appreciation in the value of the shares but expects to explore joint investment opportunities or commit capital to Hayfin funds as well.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalIraq welcomes ceasefire announcement between US and Iran, calls for 'serious' dialogue

InternationalIran agrees to open Strait of Hormuz after Trump's 14-day ceasefire announcement

InternationalTrump pauses Iran strikes for two weeks

InternationalPakistan PM seeks pause on Trump's threats against Iran

InternationalIran's Supreme National Security Council claims "historic victory" after Trump suspends bombing campaign for 2-weeks

Business Realted Stories

BusinessAdani moves US court to dismiss SEC charges, calls case legally unsustainable

BusinessAdani tells US judge to dismiss SEC fraud suit against him as case 'legally flawed'

BusinessMaha Minister stresses safety, verification of gig workers

BusinessDelhi govt doubles gas cylinders for migrant labourers to 1,368 cylinders

BusinessGovt aims to raise farmers’ incomes and ensure India’s food, nutrition security: Chouhan