Howard Hughes Holdings Acquires Vantage Group Holdings in $2.1B Deal

June 4, 2026

Howard Hughes Holdings (HHH) completed its all-cash acquisition of Vantage Group Holdings (Vantage) for approximately $2.1 billion. Vantage continues under its existing leadership while HHH plans to anchor its transformation into a diversified holding company, with a $200 million capital infusion at closing and fee-free investment portfolio management by Pershing Square Capital Management.

Buyers
Howard Hughes Holdings Inc., Howard Hughes Insurance Holdings, LLC, Pershing Square Holdings, Ltd.
Targets
Vantage Group Holdings, Ltd.
Sellers
Carlyle, Hellman & Friedman
Industry
Insurance
Location
Bermuda
Transaction Type
Buyout

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