RedBird Capital Partners and Reverence Capital Partners Acquire Vida Capital
October 2, 2019
RedBird Capital Partners and Reverence Capital Partners have completed the acquisition of Vida Capital, Inc., a vertically integrated life settlements asset manager with $4.3 billion in assets under management. Vida's management, led by CEO Jeff Serra, invested alongside the buyers; the firms said the partnership will support platform growth and expansion into other non‑correlated asset classes following required regulatory approvals.
- Buyers
- RedBird Capital Partners, Reverence Capital Partners
- Targets
- Vida Capital, Inc.
- Industry
- Financial Services
- Location
- Texas, United States
- Transaction Type
- Buyout
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