Lombard International US & Bermuda Rebrands to Axcelus Financial Following BroadRiver Acquisition
Acquiring Company
BroadRiver Asset Management L.P
Acquired Company
Axcelus Financial
New YorkPhiladelphiaInvestment ManagementFinancial ServicesDescription
Lombard International US & Bermuda, a leading provider of private placement life insurance and annuities, proudly announces its rebranding to Axcelus Financial following the November 2023 acquisition by an affiliate of BroadRiver Asset Management L.P. The rebrand marks a new chapter for Axcelus Financial as it continues to lead in the private placement space and expand its commitment to flexible partnerships, product and service features, and investment in employees, technology, and operations.
Quick answer
BroadRiver Asset Management L.P is acquiring Axcelus Financial, announced January 22, 2024. BroadRiver Asset Management L.P is based in New York, New York, United States.
- How much did BroadRiver Asset Management L.P pay for Axcelus Financial?
- The deal value was not disclosed.
- What does BroadRiver Asset Management L.P do?
- Formed in 2009, BroadRiver Asset Management, L.P. specializes in the management of fixed income alternative investments for institutional investors, including pension plans, endowments and high net worth family offices.
- Where are BroadRiver Asset Management L.P and Axcelus Financial based?
- BroadRiver Asset Management L.P is based in New York, New York, United States. Axcelus Financial is based in Philadelphia, Pennsylvania, United States.
Source: Fundz verified event record.
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Frequently asked
Who acquired Axcelus Financial?
Axcelus Financial was acquired by BroadRiver Asset Management L.P, based in New York. The deal was reported on January 22, 2024. Formed in 2009, BroadRiver Asset Management, L.P. specializes in the management of fixed income alternative investments for institutional investors, including pension plans, endowments and high net worth family offices. BroadRiver Asset Management L.P is privately held and operates in Investment Management.
When did BroadRiver Asset Management L.P acquire Axcelus Financial?
BroadRiver Asset Management L.P's acquisition of Axcelus Financial was reported on January 22, 2024. Lombard International US & Bermuda, a leading provider of private placement life insurance and annuities, proudly announces its rebranding to Axcelus Financial following the November 2023 acquisition by an affiliate of BroadRiver Asset Management L.P. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Axcelus Financial do?
A leader in the private placement space, Axcelus Financial provides innovative and customized insurance-based solutions to help high-net-worth and institutional clients grow and preserve their assets. It is privately held, operating in Financial Services, and is based in Philadelphia.
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