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Generali Investments buys majority stake in U.S. investment firm MGG   - Blue Water Healthy Living

Summary by Blue Water Healthy Living
MILAN (Reuters) – Generali Investments, the global investment arm of Italy’s top insurer Generali, said on Friday it had signed an agreement to buy a 77% stake in the U.S. investment firm MGG Investment Group for $320 million. Founded in 2014 by Kevin Griffin and McCourt Global, a private family company, New York-based MGG has over $6 billion in assets under management and provides senior secured loans and structured capital solutions to U.S. mi…
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