Pacific Life Insurance Co. has acquired JPMorgan Chase’s U.S. Pension Advisory Group, a business within the investment bank. Pacific Life says the business delivers customized investment and risk management solutions to corporations, defined benefit pension plans, voluntary employees’ beneficiary associations, nuclear decommissioning trusts, and other institutional investors.
The business will be known as Pacific Global Advisors and will be headquartered in New York City. David Oaten and his management team – all JPMorgan Chase veterans with experience in corporate finance, actuarial services, asset-liability management, investment management, risk management, trustee services, capital markets and derivative strategies – will continue to lead the business.
Register or login for access to this item and much more
All Digital Insurance content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access