Stake Purchase • Financial Services

Aquarian Holdings Invests In Pace Equity

On October 30, 2024, Aquarian Holdings invested in financial services company Pace Equity

Investment Context
  • This is Aquarian Holdings’ 1st transaction in the Financial Services sector.
  • This is Aquarian Holdings’ 2nd transaction in the United States.
  • This is Aquarian Holdings’ 1st transaction in Wisconsin.

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Investment Summary

Date October 30, 2024
Target Pace Equity
Sector Financial Services
Investor(s) Aquarian Holdings
Deal Type Stake Purchase
Advisor(s) Guggenheim Securities (Financial)
Gibson, Dunn & Crutcher (Legal)

Target Company

Pace Equity

Milwaukee, Wisconsin, United States
Pace Equity is a provider of funding for commercial property-assessed clean energy (C-PACE) projects offering private capital to fund components of a commercial building’s construction budget that have measurable water, energy, or renewable resource savings. Pace Equity is based in Milwaukee, Wisconsin.
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Investor Overview 1

Investor

Aquarian Holdings

New York, New York, United States

Category Company
Sector Diversified
DESCRIPTION

Aquarian Holdings is a diversified holding company with interests in businesses including insurance, asset management, real estate, and technology. The Company draws on its experience to provide debt and equity capital solutions that meet the objectives of our partners and portfolio companies. Aquarian Holdings is based in New York.


Deal Context for Investor #
Overall 3 of 4
Sector: Financial Services 1 of 2
Type: Stake Purchase 1 of 1
State: Wisconsin 1 of 1
Country: United States 2 of 3
Year: 2024 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-06 Somerset Reinsurance

Pembroke, Bermuda

Somerset Reinsurance is a provider of reinsurance solutions for asset-intensive life insurance and annuity businesses, helping its clients manage capital efficiency and improve their financial results. Its solutions include programs for new business flow and management of legacy blocks of life insurance and annuities. Somerset Reinsurance is based in Pembroke, Bermuda.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-11-06 Brighthouse Financial

Charlotte, North Carolina, United States

Brighthouse Financial is a financial services company that offers life insurance and annuity products. Brighthouse Financial’s solutions include fixed, variable and indexed annuities, as well as term, whole and universal life insurance policies. Brighthouse Financial is based in Charlotte, North Carolina.

Buy $4.1B