WASHINGTON (December
16, 2019) – The
National Association of Investment Companies (NAIC),
the largest network of diverse-owned private equity firms and hedge funds, and Aon plc, a leading global professional services
firm
providing a broad range of risk, retirement and health solutions, announced
a partnership
that will provide
diverse-owned private equity firms access to advisory services that
will help them better mitigate
risk and reduce transaction costs.
“We are excited to work closely with Aon
to expand access to industry-leading M&A insurance and capital
management products and advisory services,”said Robert L. Greene, President and CEO of
the NAIC. “Aon’s unique insights and
services will undoubtedly lead to even greater value and lower transaction risk
for our member
firms and their portfolio companies.”
NAIC member firms are expected to
increasingly pursue
innovative and complex transactions as the private equity
industry expands and evolves. Aon’s insights, data & analytics
capabilities, and transaction advisory will help to position NAIC firms’ deals more
competitively in the marketplace. With this partnership, NAIC’s member firms
will also have access to Aon’s broader portfolio of solutions and services
across commercial risk, reinsurance, health, retirement and data & analytics.
“The deal-making environment for private
equity firms is increasingly complex and Aon is thrilled to partner with NAIC’s member firms to deliver
insights that will help them reduce volatility and improve performance,”said Brian Cochrane, Executive Chairman,
M&A and Transaction Solutions at Aon.
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About the NAIC
Based in Washington, DC, the
National Association of Investment Companies (www.naicpe.com) was
founded in 1971. Comprised of more than 80 member firms representing over $150
billion of assets under management, it is the largest network of diverse-owned
private equity firms and hedge funds in the United States.
About
Aon
Aon plc (NYSE:AON) is a leading global professional services firm
providing a broad range of risk, retirement and health solutions. Our
50,000 colleagues in 120 countries empower results for clients by using proprietary
data and analytics to deliver insights that reduce volatility and improve
performance.
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date by visiting the Aon Newsroom and hear from our expert
advisors in The One Brief.
Media Contacts:
For Aon: Will Dunn, will.dunn@aon.com, 212-441-1819
For NAIC: Alan
Hughes,
ahughes@naicpe.com, 917-993-3842