KKR and Quadrantis Capital to acquire minority stakes in Peak Reinsurance

Core Insights - KKR and Quadrantis Capital have entered into agreements to acquire minority stakes in Peak Reinsurance Company, with KKR set to hold approximately 11.27% and Quadrantis Capital around 1.8% of Peak Re's issued share capital, while Fosun International retains the majority at nearly 86.71% [1][2] Investment Details - Prudential Financial has divested its indirect 13.07% minority interest in Peak Re, coinciding with the new investments from KKR and Quadrantis Capital [2] - The new investments are expected to enhance Peak Re's ability to innovate and serve its global customer base, while maintaining operational stability and management structure [3][4] Strategic Positioning - KKR's managing director highlighted that Peak Re is well-positioned to meet the needs of global clients, especially as Asia becomes a significant growth engine for the insurance and reinsurance sectors [4] - The completion of the investment deals is anticipated in the last quarter of 2025, subject to standard closing conditions and regulatory approvals [5]