Wall Street firms emerge as top bidders for insurer Brighthouse
TPG and Aquarian hope a deal will provide a ready source of investment capital from customer policy premiums
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Life insurer Brighthouse agrees to $4.1bn takeover by Aquarian
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Plans come as private capital groups have hitched their growth to managing assets held by US insurers
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Deal between Morgan Stanley and Blackstone shows how the credit risk transfer market is expanding to riskier assets
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KKR recut terms with big backers to hand rich investors larger share of deals
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Carlyle bolstered by private credit and secondaries trends
Private capital group has been recovering under chief Harvey Schwartz