Mayer Brown advises Janus Henderson on multifaceted, strategic partnership with Guardian Life
Mayer Brown represented Janus Henderson Group plc (Janus Henderson), a leading global asset manager, in an innovative strategic partnership with The Guardian Life Insurance Company of America (Guardian), one of America’s largest life insurers, through which Janus Henderson will manage a $45 billion investment grade public fixed income portfolio for Guardian and become Guardian’s investment grade public fixed income asset manager.
Through the partnership, Janus Henderson will manage a portfolio of investment grade corporates and securitized credit. As part of the agreement, Guardian will also commit up to $400 million of seed capital to help accelerate Janus Henderson’s continued innovation in securitized credit and high quality active fixed income products.
At the completion of this transaction, Janus Henderson will manage over $147 billion in fixed income assets globally and over $109 billion for global insurance companies, expanding the firm’s institutional reach and insurance presence.
The Mayer Brown team was led by partner Joe Castelluccio and associate Don Irwin in the firm’s New York office, with key insights provided by a diversified Mayer Brown team that included partners Fred Fisher, Adam Kanter, Erin Cho, Jason Bazar, Brennan Young, Jared Wilner, Ryan Liebl, Brian Hirshberg, and Jean-Marie Atamian.
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