UK-based life assurer Pearl Group, jointly owned by private equity firms Sun Capital and TDR, has secured a £500m capital injection from Cayman Islands-based investment holding Liberty Acquistion Holdings.
Accommodation booking site raised €21m from HV Holtzbrinck, Lakestar and Picus Capital in February
British Patient Capital commits $35m, while the European Investment Fund also contributes
Sale ends a holding period of almost four years, during which the company made seven bolt-ons
Sale does not include life insurance business Amissima Vita, which generated premiums of around €900m in 2019