Delphi Financial Group Agrees to Acquire Majority Stake in ACORE Capital

November 11, 2025

Tokio Marine Holdings’ wholly owned subsidiary Delphi Financial Group, Inc. (Delphi) has agreed to acquire a majority stake in ACORE Capital, LP. ACORE will continue to operate independently under its existing leadership while Delphi grants ACORE investment discretion over Delphi’s $10+ billion commercial real estate debt portfolio.

Buyers
Delphi Financial Group, Inc., Tokio Marine Holdings, Inc.
Targets
ACORE Capital, LP
Location
New York, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.