MetLife
Industry insiders expect consolidation among private credit managers, a result of market volatility and more money invested with larger players.
MetLife hired BlackRock veteran Brent Kao to lead the firm's institutional client strategy and solutions efforts in Asia ex-Japan.
A judge rejected a request by MetLife to dismiss a lawsuit by 401(k) plan participants who accused plan executives and fiduciaries of violating ERISA.
MetLife made several senior leadership changes following the recent promotion of Michel Khalaf to president and CEO.
San Diego City Employees' Retirement System committed $55 million to MetLife Core Property Fund.
A U.S. District Court dismissed a suit against MetLife saying the firm had not gained "unjust enrichment" from unpaid retirement benefits.
MetLife will pay $1 million to settle an investigation into the insurer's revelation that it has not paid 13,500 group annuity participants.