Blackstone Tactical Opportunities, Massachusetts Mutual Life Insurance Company (MassMutual) and Singaporean sovereign wealth fund GIC are to acquire an additional minority stake in UK-based portfolio business Rothesay Life from Goldman Sachs.
Latest funding round with Target Partners brings the company's total funding to $27m
GP to buy the Spanish electro-medicine manufacturer Indiba from Minerva for around €60m
Rubicon provided fresh capital to support the acquisition of the automotive fluids business
No management changes are planned, and the firm will be run by the executive team