AIG Taps CVC to Put Its Investment Engine in a Higher Gear

American International Group, Inc. AIG entered a strategic investment partnership with CVC, a major global private markets firm. Under this arrangement, AIG plans to allocate a meaningful portion of its investment capital to strategies managed by CVC. The focus is primarily on credit-related investments and private equity secondaries. Rather than making one-off investments, AIG is setting up long-term, structured mandates that allow CVC to manage capital on its behalf across multiple strategies.AIG is expected to deploy almost $3.5 billion over time through CVC-managed vehicles, with initial allocations expected to begin in 2026. A key element of the deal is AIG becoming a cornerstone investor in CVC’s private equity secondaries evergreen platform, contributing around $1.5 billion.AIG will also use separately managed accounts (SMAs) to gain exposure to diversified private and liquid credit assets, tailored specifically to its needs, allocating around $2 billion. The partnership seems designed to be scalable and flexible, allowing allocations to grow as performance and market conditions evolve.This move highlights how large insurers like AIG are increasingly shifting away from traditional fixed-income investments toward alternative assets in search of higher, more stable long-term returns. It also signals confidence in private credit and secondaries as attractive asset classes in a higher-rate but uncertain economic environment.For CVC, which boasts an AUM of €201 billion, securing a long-term partnership with a global insurer enhances its credibility and strengthens its position in institutional capital markets. The deal provides sizable, sticky capital, generating recurring fees and creating opportunities to scale its investment platforms.For AIG, the partnership will likely improve portfolio diversification, enhance yield potential and support long-term returns. Its trailing 12-month return on equity stands at 9.09%, below the industry average of 15.14%. Customized investment structures will also help manage risk more efficiently.AIG’s Zacks Rank & EstimatesAIG currently has a Zacks Rank #3 (Hold). The Zacks Consensus Estimate for its current-year earnings is pegged at $7.02 per share, which witnessed two upward estimate revisions in the past week against no movement in the opposite direction. It indicates 41.8% year over year growth. However, the consensus mark for revenues is pegged at $27.25 billion, signaling a 16.9% decline.AIG beat earnings estimates in all the past four quarters, with an average surprise of 15%.American International Group, Inc. Price, Consensus and EPS Surprise American International Group, Inc. price-consensus-eps-surprise-chart | American International Group, Inc. QuoteKey Picks to ConsiderInvestors interested in the broader Finance space may look at some better-ranked players like Assurant, Inc. AIZ, CNO Financial Group, Inc. CNO and Principal Financial Group, Inc. PFG, each carrying a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.The Zacks Consensus Estimate for Assurant’s current-year earnings is pegged at $19.48 per share, predicting a 7.1% year-over-year increase. It witnessed two upward estimate revisions in the past 30 days against no movement in the opposite direction. AIZ beat earnings estimates in all the past four quarters, with an average surprise of 22.7%.The Zacks Consensus Estimate for CNO Financial’s current-year earnings is pegged at $4.14 per share, which indicates 4.3% year-over-year growth. It has witnessed one upward estimate revision against none in the opposite direction during the past 60 days. CNO beat earnings estimates in each of the past four quarters, with an average surprise of 6.5%.The consensus mark for Principal Financial’s current-year earnings is pegged at $8.30 per share, indicating a 19.1% year-over-year improvement. It has witnessed one upward estimate revision against none in the opposite direction during the past 30 days. Furthermore, the consensus estimate for PFG’s 2025 revenues is pegged at $15.17 billion.#1 Semiconductor Stock to Buy (Not NVDA)The incredible demand for data is fueling the market's next digital gold rush. As data centers continue to be built and constantly upgraded, the companies that provide the hardware for these behemoths will become the NVIDIAs of tomorrow.One under-the-radar chipmaker is uniquely positioned to take advantage of the next growth stage of this market. It specializes in semiconductor products that titans like NVIDIA don't build. It's just beginning to enter the spotlight, which is exactly where you want to be.See This Stock Now for Free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report American International Group, Inc. (AIG): Free Stock Analysis Report CNO Financial Group, Inc. (CNO): Free Stock Analysis Report Assurant, Inc. (AIZ): Free Stock Analysis Report Principal Financial Group, Inc. (PFG): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks