Blackstone has signed an agreement with Nippon Life Insurance Co to expand cooperation across private credit and real estate investments, marking another major tie-up between global alternative asset managers and Japanese insurers, according to a report by Bloomberg.
Under a memorandum of understanding, Japan’s largest life insurer plans to invest up to JPY1.5tn ($9.4bn) over the next five years into private credit and related credit strategies managed by Blackstone. The partnership also include...
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