Oaktree, Egan Said to Sever Ties Amid Struggle to Fund VentureBy , , and
Investor interest in reinsurance wanes amid competition
Egan previously led BofA’s financial institutions group
Bill Egan, the former Bank of America Corp. banker who was working with Oaktree Capital Group LLC to start a reinsurance venture, has cut ties with the asset manager, according to people familiar with the matter.
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