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The deal comes off the back of several similar processes the insurance giant unit has undertaken over the past three years.
Tan Pawar and Harry Leitch from global specialist broker BMS discuss the rise of warranty and indemnity insurance in single-asset and concentrated GP-led deals and how it's being used.
The US's largest life insurer wants to hire a senior VP and a VP to work in its alternative assets group.
Insurance companies have already started selling off private equity assets in anticipation of the January 2016 implementation.
The seller of the fund interest, Legal & General Assurance Society, is winding down its commitments to private equity.

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