UK's Man Group deepens Meiji Yasuda tie-up with $1.28 billion commitment, potential 5% stake

Man Group Expands Meiji Yasuda Partnership With $1.28B, 5% Stake Option

Details of the Man Group and Meiji Yasuda Partnership Expansion

Oct 26 (Reuters) - Hedge fund Man Group expanded its partnership with Japan's Meiji Yasuda on Monday, with the Japanese insurer committing 200 billion yen ($1.28 billion) to Man Group's private-credit focussed investment strategies and weigh buying a 5% equity stake in the alternative asset manager. 

Key Points of the Expanded Partnership

Here are some details:

• Growth of Private Credit Platform

  The expanded partnership builds on a partnership announced in February 2025 as Man Group aims to grow its private credit platform and serve large insurance clients globally

• Meiji Yasuda's Investment Focus

  Meiji Yasuda's investment in Man Group's investment strategies will span over three years, with particular focus on private credit

• Potential Equity Stake Acquisition

  Acquisition Method

  The potential 5% equity stake would be acquired through open-market purchases with no new shares issued by Man Group

• Product Co-Development for Japanese Market

  The two firms will co-develop products for the Japanese market, with Man Group becoming a preferred asset management partner

• Share Acquisition Terms

  Lock-up Period and Ownership Cap

  Any acquisition of Man Group's shares by Meiji Yasuda would be subject to a three-year lock-up period, a 19.99% ownership cap and orderly market arrangements for future disposals

Additional Information

($1 = 156.8100 yen)

Reporting Credits

(Reporting by Yamini Kalia in Bengaluru; Editing by Rashmi Aich)