Global alternative investment firm One Investment Management (OneIM) announced that its affiliated funds will acquire a 14.9% stake in T&D Financial Life Insurance Company. In a separate transaction, PayPay Corporation will acquire 70.2% of T&D Financial Life. This marks OneIM's first equity investment in Japan, driven by its conviction in the growth potential of the Japanese life insurance market as it converges with asset management and digital financial services. OneIM plans to leverage its global investment capabilities and cross-asset expertise to support T&D Financial Life's sustainable growth. OneIM believes there are significant opportunities to support companies operating at the intersection of insurance and asset management. The firm will provide unique perspectives to help insurance companies navigate complex capital environments, focusing on long-term profitability, prudent risk management, and policyholder protection. The transaction further strengthens OneIM's presence in Japan, following the opening of its Tokyo office about two years ago.

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  • Source: PR TIMES
  • Category: business