Sixth Street Acquires Talcott Resolution

Northwestern Mutual Acquires Minority Stake in Sixth Street

January 7, 2025

Financial Services

Northwestern Mutual has entered a strategic partnership with Sixth Street in which Northwestern Mutual will acquire a minority equity interest in Sixth Street and commit to have Sixth Street manage $13 billion of assets, with potential to scale. The agreement expands Northwestern Mutual's access to private and opportunistic investments while providing Sixth Street with a strategic institutional investor relationship.

Achmea and Sixth Street Form Achmea Pension & Life Insurance with Lifetri Contribution

November 28, 2024

Financial Services

Achmea and Sixth Street are combining pension and life portfolios into a joint venture, Achmea Pension & Life Insurance N.V., with Achmea owning 80% and Sixth Street taking a 20% stake. Sixth Street will contribute Lifetri to the JV and pay €445 million to Achmea, creating a top-three Dutch pension and life provider serving over 2.1 million customers and targeting growth in the pension buy-out market.

High Street Insurance Partners (Huron Capital) Acquires Tracy Driscoll and Millennium Alliance Group

September 17, 2020

Insurance

Huron Capital-backed High Street Insurance Partners acquired Tracy, Driscoll & Co., Inc. and Millennium Alliance Group, LLC as add-on acquisitions to expand the platform’s Northeast footprint. The deals (terms undisclosed) broaden High Street’s presence in New York and establish a presence in Connecticut while shareholders of both agencies remain active in the business.

AlpInvest Leads TJC's $2.1B Continuation Fund to Acquire Five Resolute III/IV Portfolio Assets

October 1, 2024

Financial Services

TJC LP closed a $2.1 billion continuation fund that purchased five portfolio companies, including assets from The Resolute Fund III and one asset jointly owned with Resolute IV. The transaction was led by AlpInvest (a Carlyle subsidiary) and gives TJC and its portfolio companies additional capital and time to pursue growth while offering liquidity options to Resolute III and Resolute IV limited partners.

Sixth Street and Patron Capital Acquire Cala Group from Legal & General

September 18, 2024

Real Estate

Sixth Street Partners and Patron Capital have agreed to acquire Cala Group from Legal & General for an enterprise value of £1.35 billion, with completion expected in Q4 2024. The transaction gives the PE investors control of the UK housebuilder to support Cala’s next stage of growth and further develop its landbank and delivery of new homes across Scotland and Southern England.

Sixth Street-Led Consortium Acquires GreenSky from Goldman Sachs

March 15, 2024

Payments & Fintech

A consortium of institutional investors led by Sixth Street — including KKR, Bayview Asset Management and CardWorks, with support from PIMCO and strategic financing from CPP Investments — acquired GreenSky and associated loan assets from Goldman Sachs. The transaction, which deepens GreenSky's partnership with Synovus Bank, closed in March 2024 and transfers control of the point-of-sale home improvement lending platform to the investor group.