Sun Life completes remaining equity interest purchases of BGO and Crescent Capital. Sun Life also announces acquisition of Bell Partners, a leading multifamily real estate investment manager.

March 31, 2026 - 03:06

Sun Life Financial Inc. has solidified its position in the global investment management sector by finalizing two significant transactions and announcing a third. The company has completed the acquisition of the remaining equity interests in BentallGreenOak (BGO) and Crescent Capital Group, taking full ownership of these established asset managers.

This move grants Sun Life complete control over the strategic direction and integrated operations of both firms, which specialize in real estate, credit, and alternative investments. The consolidation is expected to enhance service offerings for clients and drive growth across Sun Life's platforms.

In a separate but related strategic expansion, Sun Life also announced a definitive agreement to acquire Bell Partners Inc., a premier multifamily real estate investment manager based in the United States. This acquisition will significantly increase Sun Life's assets under management in the residential sector, adding Bell Partners' extensive portfolio and expertise to its existing capabilities.

Together, these actions represent a major step in Sun Life's strategy to build a diversified, high-performing global asset management business. The company emphasizes that these acquisitions will strengthen its ability to deliver long-term value for clients and shareholders by accessing a broader range of investment opportunities and specialized market knowledge. The integration of these firms is planned to proceed with a focus on maintaining their distinct investment strengths and client relationships.