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Stanton represents Conning Holdings Ltd. as the asset manager for the insurance industry agrees to be acquired by Generali Investment Holdings.
Conning, which is owned by Cathay Life Insurance Ltd., has $157B in assets under management.
As part of the transaction, Cathay will forge a partnership with Generali and take a 16.75 percent ownership position in it.
Woody Bradford, CEO of Conning, will continue in his leadership role.
He said the transaction “provides stability for our clients and employees, maintains continuity of leadership and strategy, and will generate new collaboration opportunities with Generali.”
Cathay is one of Taiwan’s largest financial services companies. Operating across the Asia-Pacific region, Cathay has $392B in assets under management.
Stanton’s Katrin Lieberwirth works the Conning deal.
Alex Stanton heads the New York firm that holds the No. 9 spot in O’Dwyer’s rankings of financial PR firms with $10.5M in 2022 fee income.
Prosek Partners handles New York’s Tilray Brands, craft beer & cannabis operation, as it acquires BrewDog, a leading British independent beer producer in the UK, for $45M.
Brunswick Group handles Zurich Insurance as it agrees to buy UK-based Beazley specialty insurer in a deal valued at $11B.
FGS Global represents Brink’s as it agrees to acquire NCR Atleos, which relies on Collected Strategies, in a $6.6B cash & stock deal to create a leading fintech infrastructure company. (Updated)
A January article in O’Dwyer’s proposes that in 2026, the strongest financial brands will not simply tell compelling stories—they will “signal readiness.”
C Street Advisory Group is working the Chapter 11 filing of Axip Energy Services as it unloads its nearly all of its assets to deal with a heavy debt load.
