Welcome to the Pacific General Closes Co-Investment Blog!

Let’s Talk About the Recent Acquisition of Lombard International Group

Dec. 14, 2023

Hey there, fellow finance enthusiasts! Have you heard the latest news about Pacific General’s equity participation in the acquisition of Lombard International Group’s U.S. and Bermuda business? This exciting deal, led by BroadRiver Asset Management, recently closed on November 30th, 2023. And let me tell you, it’s definitely making waves in the financial world.

Lombard International Group, with its impressive A- rating by AM Best, is a major player in the insurance and wealth planning industry. By acquiring their U.S. and Bermuda business, Pacific General is poised to expand its presence in these key markets and strengthen its offerings to clients. With BroadRiver Asset Management at the helm, this acquisition is sure to bring new opportunities and exciting developments for all parties involved.

As the financial landscape continues to evolve, strategic partnerships and acquisitions like this one are becoming increasingly common. It’s a testament to the dynamic nature of the industry and the drive for growth and innovation. And with Pacific General’s strong track record and reputation, the future looks bright for their newly acquired assets.

So, what does this mean for you, dear reader? Well, if you’re a client of Pacific General or Lombard International Group, you can expect to see a wider range of products and services available to you in the near future. This acquisition will likely result in enhanced offerings, improved customer experiences, and potentially even better rates and benefits for policyholders. It’s an exciting time to be a part of the Pacific General family!

On a larger scale, this acquisition signals a growing trend in the financial industry towards collaboration and consolidation. By joining forces, companies like Pacific General and Lombard International Group are better positioned to navigate the challenges of an ever-changing market and provide more value to their clients. It’s a win-win situation for everyone involved.

Conclusion

In conclusion, the recent equity participation of Pacific General in the acquisition of Lombard International Group’s U.S. and Bermuda business is a significant development in the financial world. With BroadRiver Asset Management leading the charge, this deal is set to bring new opportunities and benefits to clients and stakeholders alike. As the industry continues to evolve, partnerships and acquisitions like this one will play a key role in shaping the future of finance. Exciting times ahead!