Investment Summary

Nippon Life Invests In Post Advisory Group

On April 1, 2013, Nippon Life invested in financial services company Post Advisory Group from Principal Global Investors

Investment Highlights
  • This is Nippon Life’s 1st transaction in the Financial Services sector.
  • This is Nippon Life’s 1st transaction in the United States.
  • This is Nippon Life’s 1st transaction in California.

Investment Summary

Date 2013-04-01
Target Post Advisory Group
Sector Financial Services
Investor(s) Nippon Life
Sellers(s) Principal Global Investors
Deal Type Stake Purchase

Target

Post Advisory Group

Santa Monica, California, United States
Post Advisory Group, LLC is a global investment manager specializing in high-yield securities with a multi-strategy, value-oriented investment approach. With approximately $11.8 billion in assets under management.

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Investor(S) 1

Investor

Nippon Life

Osaka, Japan

Category Company
Founded 1889
Sector Insurance
Employees72,832
Revenue 86.7B USD (2012)
DESCRIPTION

Nippon Life is a life insurance company. Nippon Life offers a wide range of products, including individual and group life insurance and annuity policies, through various distribution channels. The company primarily operates in Japan, North America, Europe and Asia and is headquartered in Osaka, Japan.


DEAL STATS #
Overall 1 of 4
Sector: Financial Services M&A 1 of 2
Type: Stake Purchase M&A Deals 1 of 3
State: California M&A 1 of 2
Country: United States M&A 1 of 3
Year: 2013 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-01 The TCW Group

Los Angeles, California, United States

The TCW Group, Inc. is a global asset management firm with a broad range of products across fixed income, equities, emerging markets and alternative investments. With more than four decades of investment experience, TCW today manages approximately $200 billion in client assets. Through the MetWest Funds, TCW Funds and TCW Alternative Funds families, TCW manages one of the largest mutual fund complexes in the U.S. TCW’s clients include many of the world’s largest corporate and public pension plans, financial institutions, endowments and foundations, as well as financial advisors and high net worth individuals.

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Seller(S) 1

SELLER

Principal Global Investors

Des Moines, Iowa, United States

Category Company
Sector Financial Services
DESCRIPTION

Principal Global Investors is a diversified asset management organization and a member of the Principal Financial Group, with expertise in equities, fixed income and real estate investments, as well as specialized overlay and advisory services. Principal Global Investors manages $281.5 billion in assets primarily for retirement plans and other institutional clients.


DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-04 Liongate Capital Management

London, United Kingdom

Liongate is a global alternative investment management and research firm focused on creating and managing portfolios of hedge funds. Liongate manages approximately US $2.1 billion in commingled funds of hedge funds, managed accounts and customized investment portfolios for institutional and private investors.

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