Sun Life Doubles Down on Asset Management With Three Deals

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000The Sun Life Financial Inc. headquarters in Toronto, Ontario, Canada.Sun Life Financial Inc. paid more than C$2 billion ($1.4 billion) to complete its stakes in two investment managers as the Canadian life insurer makes a bigger push into the asset management space.Sun Life said on Monday it bought the 49% it didn’t own of alternative credit investment firm Crescent Capital Group for C$829 million, and paid C$1.6 billion for the remaining 44% interest in BGO, a real estate investment adviser.