KKR and Quadrantis Capital acquire minority stakes in Peak Re

KKR (United States) and Quadrantis Capital (Portugal), two investment funds, have signed definitive agreements to acquire minority stakes in Hong Kong-based reinsurer Peak Re.

Upon closing the transaction, KKR and Quadrantis Capital will hold 11.27% and 1.8% of Peak Re’s share capital, respectively. These stakes, totaling 13.07%, were previously owned by Prudential Financial.

The Chinese conglomerate Fosun International remains the majority shareholder, holding an 86.71% interest in Peak Re.

The deal is subject to regulatory approval and is expected to be completed in the fourth quarter of 2025.