Global Atlantic Financial Group, Pine Brook and J. Safra Group Complete $2.05 Billion Acquisition of Talcott Resolution From The Hartford as Part of Investor Group

May 31, 2018

S&C represents Global Atlantic Financial Group, Pine Brook and J. Safra Group, as part of a group of investors that also includes Cornell Capital LLC, Atlas Merchant Capital LLC and TRB Advisors LP, in connection with their acquisition of Talcott Resolution from The Hartford, which is The Hartford's run-off life and annuity businesses, for a total of $2.05 billion.
 
The S&C team on the transaction was led by Mitchell Eitel and Andrew Gerlach, along with Louis Argentieri and Charlene Kim. David Spitzer, along with Eric Lopata advised on tax matters.