Conning Completes Previously-Announced Acquisition Of Certain Assets Of Insurance Asset Management Business From Brookfield Investment Management

June 18, 2014


Conning Completes Previously-Announced Acquisition Of Certain Assets Of Insurance Asset Management Business From Brookfield Investment Management

HARTFORD, CT – June 18, 2014 -- Conning, Inc. (“Conning”), a leading global insurance asset management firm, today announced that it has completed the acquisition of certain assets of Brookfield Investment Management Inc.’s Core Fixed Income Insurance Business.  With the closing, the investment team managing these assets joined Conning in its newly-formed midtown Manhattan investment office.  Financial terms of the transaction, which was first announced on March 31, were not disclosed.

This transaction is representative of Conning’s continued commitment to serve the insurance industry and reinforces the firm’s position as one of the top insurance asset managers globally. 

About Conning

Conning (www.conning.com) is a leading investment management company for the global insurance industry, with more than $85 billion in assets under management as of March 31, 2014, through Conning, Inc., Conning Asset Management Limited, Cathay Conning Asset Management Limited, and Goodwin Capital Advisers, Inc. The company's unique combination of asset management, risk and capital management solutions and insurance research helps clients achieve their financial goals through customized business and investment strategies. Founded in 1912, Conning is focused on the future, providing clients with innovative solutions, leveraging its global capabilities, investment experience, and proprietary research. The company is headquartered in Hartford, Connecticut, with additional offices in New York City, Purchase, London, Cologne, and Hong Kong.