Man Group expands strategic partnership with Meiji Yasuda; insurer to commit ¥200bn

Man Group plc announced an expanded strategic partnership with Meiji Yasuda Life Insurance Company. Meiji Yasuda intends to increase its capital commitment to Man Group's investment strategies to JPY 200 billion (approximately $1.25 billion) over three years, focused on private credit, and is considering acquiring an equity stake of about 5% in Man Group through open market purchases.

Detected & updated continuously · Source: Nebula