Charles Monat Associates (CMA) has announced a strategic minority equity investment led by Apollo-managed funds to boost its global growth. The transaction, expected to close in the first quarter of 2026, is subject to regulatory approvals. This investment underscores CMA’s long-term strategy and market potential, with no changes to its control, governance, or branding.
Gaurav Pant, a partner at Apollo, highlighted CMA’s position as a leading brokerage for bespoke life insurance solutions for high-net-worth individuals. “We believe the company is well positioned to capture what we believe are significant tailwinds in the industry,” he stated. The investment aims to support CMA’s growth through advanced technologies and automation.
Yves Guélat, CMA’s Group CEO, remarked, “This marks a significant milestone for Charles Monat Associates’ continuous growth journey as the global leading life insurance brokerage firm.” The partnership is set to enhance CMA’s geographic expansion and elevate its client-service standards.
Celia Yan, Apollo’s Head of Hybrid for Asia Pacific, noted the synergy between Apollo’s global reach and CMA’s regional presence. “This investment demonstrates how Apollo’s hybrid strategies can provide businesses and sponsors with customised solutions tailored to their needs and objectives,” she said.
The transaction was facilitated by Rothschild & Co as financial adviser and Baker McKenzie Wong & Leow as legal adviser to CMA, with Sidley Austin LLP serving as legal counsel to the Apollo Funds.
