Conning, a provider of asset management and consulting services to the insurance industry, has been acquired by funds managed by Aquiline Capital Partners, a New York-based private equity firm investing in the financial services sector.
“We are pleased to close this transaction with Aquiline. This is a very exciting time for the entire Conning team,” says Salvatore Correnti, chief executive of Conning. “We have received excellent response to our partnership from both clients and prospects. We look forward to enhancing and extending our relationships and services with current and future clients.”