Corebridge Financial

Overview

Corebridge Financial, headquartered in Houston, Texas, is a prominent American financial services company specializing in retirement solutions and insurance products. Established in 1926 as American General Corp., the company underwent a significant transformation in 2022 when it was spun off from American International Group (AIG) and rebranded as Corebridge Financial. This strategic move allowed Corebridge to focus on its core competencies in individual retirement, life insurance, retirement services, and institutional markets. In 2024, Corebridge Financial reported a revenue of $18.64 billion, with a net income of $2.23 billion, reflecting a 101.99% increase from the previous year. The company's assets under management and administration stood at over $400 billion as of December 31, 2024. Corebridge's diversified investment portfolio includes fixed income, hedge funds, private equity, real estate, and venture capital, with a geographical focus spanning the United States, Japan, Australia, India, Myanmar, China, Thailand, Indonesia, and several European countries. The company serves a wide range of industries, including financial services, insurance, asset management, retirement solutions, wealth management, and more, demonstrating its extensive reach and impact in the financial sector.

Investment Focus

• Focus on growth, late-stage, pre-IPO, buyout, turnaround, and distressed investment stages
• Geographical focus on the United States, Japan, Australia, India, Myanmar, China, Thailand, Indonesia, and select European countries
• Interest in industries such as financial services, insurance, asset management, retirement solutions, wealth management, and real estate

Portfolio Companies