--- title: "Vantone NeoDev Group in the United States sells an 18% stake in Balyasny to Japan's MS&AD Insurance (8725.JP) for cash of $1.44 billion" type: "News" locale: "en" url: "https://longbridge.com/en/news/266282478.md" description: "Vantone NeoDev Group in the United States has reached an agreement with Japan's MS&AD Insurance to sell an 18% stake in Baoling, cashing out $1.44 billion. After the transaction, Vantone NeoDev Group retains an 82% stake in Baoling. MS&AD Insurance will provide growth capital for Baoling, which will manage MS&AD Insurance's investment accounts to strengthen its investment portfolio" datetime: "2025-11-18T01:08:30.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/266282478.md) - [en](https://longbridge.com/en/news/266282478.md) - [zh-HK](https://longbridge.com/zh-HK/news/266282478.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/266282478.md) | [繁體中文](https://longbridge.com/zh-HK/news/266282478.md) # Vantone NeoDev Group in the United States sells an 18% stake in Balyasny to Japan's MS&AD Insurance (8725.JP) for cash of $1.44 billion MassMutual and its global asset management subsidiary Barings announced that MassMutual has reached an agreement with Japan's MS&AD Insurance (8725.JP), whereby the latter will acquire an 18% stake in Barings through its subsidiary Sumitomo Mitsui Trust Insurance. MassMutual will receive $1.44 billion in cash proceeds from the transaction and will retain an 82% stake in Barings post-transaction. Under the strategic cooperation between the two parties, MS&AD Insurance will provide growth capital to Barings, while Barings will expand its existing relationship by managing MS&AD Insurance's investment accounts, strengthening and diversifying MS&AD Insurance's investment portfolio ### Related Stocks - [Vantone NeoDev Group (600246.CN)](https://longbridge.com/en/quote/600246.CN.md) ## Related News & Research - [You could be paying an extra $2,000 for home insurance every year because of this financial baggage. Here's how to fix it.](https://longbridge.com/en/news/277830564.md) - [09:57 ETFor Many Homeowners, Taxes and Insurance Now Make Up One-Fifth of Monthly Mortgage Payments, Neighbors Bank Study Finds](https://longbridge.com/en/news/277799560.md) - [Safepoint Selects Equinox⢠Platform by Solstice Innovations for NFIP Flood Operations](https://longbridge.com/en/news/277795688.md) - [Advancecon Returns to Full-Year Profitability with RM423.1 Million Revenue in FY2025](https://longbridge.com/en/news/277317961.md) - [160 Million Returns. Millions of Extensions. Insurance Documents Many Overlook | MCY Stock News](https://longbridge.com/en/news/277657337.md)