KKR and Quadrantis Capital invest in Peak Re

Funds managed by KKR and Quadrantis Capital have agreed to acquire minority interests in Peak Re through Peak Reinsurance Holdings Limited. Following the transaction, KKR and Quadrantis will own about 11.27% and 1.8% of the Hong Kong-based reinsurer, respectively, while Fosun International will retain a majority 86.71% stake.

Prudential Financial, which indirectly held roughly 13.07%, has exited its position as part of the deal. The investments are expected to close in the fourth quarter of 2025, pending regulatory approvals.

The transaction comes as Peak Re expands globally — in May, the company entered the North American market, signaling its intent to strengthen international reach and diversify its investor base.

“Peak Re was established to support the growth and resilience of economies and communities in emerging markets across Asia and beyond. With KKR and Quadrantis Capital joining as new investors, we are further strengthening the platform that enables Peak Re to innovate, serve clients with excellence, and pursue quality growth globally. We would also like to thank Prudential for their support as a valued minority shareholder and partner over the years.” – Franz-Josef Hahn, Chief Executive Officer of Peak Re.

“As Asia emerges as a global growth engine for insurance and reinsurance, Peak Re is well-positioned to meet the needs of global clients with its established regional platform, disciplined underwriting approach, and strong governance. We look forward to drawing from our global network and experience in insurance and reinsurance, as well as operational expertise to strengthen Peak Re’s leading position in the region.” – Bing Gu, Managing Director at KKR.

“Quadrantis Capital is delighted to join Peak Re as a minority investor. We are committed to constructive, value-driven partnerships.” – João Rafael Koehler, Managing Partner at Quadrantis Capital.