CC Capital, a private investment firm focused on investing in and operating high-quality businesses for the long term, and One Investment Management (OneIM), a global alternative investment manager, have announced the completion of the acquisition of Insignia Financial Ltd (Insignia) (ASX: IFL), a leading diversified wealth management group with over A$342 billion (as of December 31, 2025) in funds under management and advice. CC Capital and OneIM acquired 100% of Insignia for A$4.80 per share in cash via a scheme of arrangement, representing an enterprise value of approximately A$3.9 billion (US$2.5 billion).
Global investment firm Carlyle (Nasdaq: CG) announced that its global credit platform has provided a preferred equity financing to support CC Capital’s acquisition of Insignia to advance the company’s ongoing transformation initiatives and long-term growth strategy across the retirement ecosystem.
Latham & Watkins LLP represented Carlyle in the preferred equity financing with a team led by Stelios Saffos, Global Chair of Latham’s Capital Markets and Hybrid Capital Practices, and Peter Sluka, Global Co-Chair of Latham’s Hybrid Capital Practice, with associates Ian Lachow, Elina Stavropoulou, and Gabriella Tang. Advice was also provided on tax matters by partners Matthew Dewitz and Christine Mainguy.