Legal & General Expands Private Assets Portfolio with Proprium Acquisition

May 19, 2025 - 06:52

In a significant move to bolster its private assets strategy, Legal & General has successfully acquired Proprium Capital Partners, a prominent real estate investment firm. This acquisition aligns with the company’s ongoing efforts to diversify its investment portfolio and enhance its capabilities in the private assets sector.

António Simões, the chief executive of Legal & General, emphasized that this deal is a crucial step following a comprehensive strategic review aimed at identifying growth opportunities within the private investment landscape. By integrating Proprium’s expertise and established track record in real estate, Legal & General aims to strengthen its position in the market and deliver enhanced value to its clients.

The acquisition is expected to facilitate access to a wider range of investment opportunities, particularly in the real estate sector, which has shown resilience and potential for growth. This strategic initiative reflects Legal & General’s commitment to adapting to changing market dynamics and meeting the evolving needs of its investors.