Aquiline Capital Partners and Genstar Capital Announce Completion Of Genworth Wealth Management Acquisition for $412.5 million

Aquiline Capital Partners and Genstar Capital Announce Completion Of Genworth
               Wealth Management Acquisition for $412.5 million

PR Newswire

NEW YORK and SAN FRANCISCO, Sept. 3, 2013

NEW YORK and SAN FRANCISCO, Sept. 3, 2013 /PRNewswire/ --Aquiline Capital
Partners LLC, a New York-based private equity firm investing in the financial
services sector, and Genstar Capital Management, LLC, a middle market private
equity firm that focuses on investments in selected segments of the financial
services, software, healthcare, and industrial technology industries, today
announced the completion of the previously announced acquisition of Genworth
Wealth Management for $412.5 million from Genworth Financial, Inc. (NYSE:
GNW). The acquisition includes both of Genworth Wealth Management's
businesses: Genworth Financial Wealth Management ("GFWM"), an investment
management and services platform, and Altegris, a premier provider of liquid
alternative investments.

About Aquiline Capital Partners LLC
Aquiline is a private equity firm based in New York investing in financial
services enterprises in industries such as property and casualty insurance,
banking, securities, asset management, life insurance and financial
technology. Aquiline seeks to add value to its portfolio companies through
strategic, operational, and financial guidance.

About Genstar Capital Management, LLC
Genstar Capital (www.gencap.com) is a leading private equity firm that has
been actively investing in high quality companies for 25 years. Based in San
Francisco, Genstar works in partnership with its management teams and its
network of operating executives and strategic advisors to transform its
portfolio companies into industry-leading businesses. Genstar has more than $4
billion of committed capital under management and targets investments focused
on selected sectors within the financial services, software, healthcare, and
industrial technology industries.

Media Contacts:

Aquiline:                    Genstar:
Giovanna Falbo / Alex Yankus Chris Tofalli
Brunswick Group              Chris Tofalli Public Relations
212-333-3810                 914-834-4334

SOURCE Genstar Capital, LLC

Website: http://www.gencap.com
 
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