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Todd Boehly Sets Up $74 Billion Asset and Insurance Manager


//media-entertainment.news-articles.net/content/ .. s-up-74-billion-asset-and-insurance-manager.html
Published in Media and Entertainment on by Michael Jones   Print publication without navigation

Todd Boehly's Eldridge Industries said it will launch a $74 billion asset manager and insurance holding company, capitalizing on the investment industry's push for scale and consolidation.


Todd Boehly, the co-founder of Eldridge Industries, is set to launch a new asset and insurance management firm with a staggering $74 billion in assets under management. This venture, named "Boehly Asset Management" (BAM), aims to capitalize on the growing demand for alternative investments and insurance products. The firm will focus on a diverse range of asset classes, including private equity, real estate, and credit, while also offering bespoke insurance solutions. Boehly's move comes at a time when investors are increasingly seeking non-traditional investment avenues to diversify their portfolios and mitigate risks. The launch of BAM is expected to disrupt the financial services industry, leveraging Boehly's extensive network and experience in both finance and entertainment sectors.

Read the Full Bloomberg L.P. Article at:
[ https://www.bloomberg.com/news/articles/2024-12-05/todd-boehly-to-launch-74-billion-asset-and-insurance-manager ]

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