AIG sells off Fortitude Re stake to the Carlyle Group and T&D Holdings in $1.8bn deal

Brian Duperreault aig

Private equity house Carlyle Group and Japanese carrier T&D Holdings – through a newly created Carlyle-managed fund – have partnered to acquire from AIG a 76.6 percent ownership interest in Bermudian run-off vehicle Fortitude Re in a $1.8bn deal.

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