Partnership includes equity exchange and 10-year investment management arrangement.
Michigan-based retirement services firm Jackson Financial Inc said that it has partnered with global alternative asset manager TPG to accelerate the growth of its spread-based annuity business through integrated investment, reinsurance and equity arrangements. The complementary strengths of Jackson and TPG will enhance our competitiveness in the market - Laura Prieskorn, Jackson Under the agreement, TPG will provide investment-grade asset-based finance and direct lending capabilities t