AIG and CVC form investment partnership

American International Group (AIG) and CVC have formed an alliance intended to support the former’s investment strategy, with a focus on insurance-related solutions and private market opportunities. The arrangement involves the creation of substantial separately managed accounts (SMAs) that will operate under CVC’s credit investment strategies. In addition, CVC will establish a new evergreen platform for private equity secondaries, with AIG taking the role of cornerstone investor. AIG is committing up ...