Samsung Financial Network’s subsidiaries Samsung Life and Samsung Fire & Marine have signed an agreement with Blackstone to invest in a fund worth USD 650 million. This is the largest fund investment agreement signed with a major global manager since the launch of Samsung Financial Networks, a brand co-owned by Samsung Financial Group. Samsung Life and Samsung Fire & Marine Insurance plan to expand investment in overseas real estate, infrastructure, and private equity (PE) funds managed by Blackstone. The fund will be managed by Samsung Asset Management and Samsung SRA Asset Management. Samsung Life and Samsung Fire & Marine are increasing investment in overseas alternative assets such as real estate […]