BF
Brighthouse Financial
Corporate · Founded 2017 · Charlotte, United States
One of the largest providers of annuities and life insurance in the U.S
Who Brighthouse Financial is.
Where the institution came from, whose capital it manages, and how that capital is allocated — from Dealroom's LP research.
Historical Background
- Brighthouse Financial was established in 2017 following a strategic separation from its parent company, MetLife, Inc.
- The company was created to operate as a distinct entity focused on the U.S. market for life insurance and annuities.
- In 2018, the Brighthouse Foundation was launched to provide financial support to non-profit organizations.
Source of Capital
- As a publicly traded insurance company, capital is primarily sourced from the premiums paid by policyholders for its annuity and life insurance products.
- The company's balance sheet is further supported by the investment returns generated from its large asset portfolio.
Major Events
- The company's formation in 2017 through its separation from MetLife represents its most significant corporate restructuring.
- Brighthouse Financial was first included on the FORTUNE 500 list in 2019.
Allocation Strategy
- The firm's investment approach is centered on a conservative portfolio designed to support its long-term insurance and annuity obligations.
- The company's primary offerings are annuities and life insurance products targeted at the U.S. retail market.
The funds Brighthouse Financial backs.
Brighthouse Financial is a limited partner in 69 funds. 18 of them place in the Power Law Investor Ranking, and the best-ranked are shown here.
How Brighthouse Financial’s fund book is spread.
The 69 funds Brighthouse Financial backs, by where the manager is headquartered and how many funds that manager has raised.
Where those managers are based
By fund headquarters, across the 67 of 69 with a location on record.
- North America 6090%
- Rest of world 46%
- Europe 34%
United States 60 · China 3 · United Kingdom 2 · Hong Kong 1
How established those managers are
Managers grouped by how many funds they have raised. 8 emerging (three funds or fewer), 25 established — across the 33 of 69 with a fund history on record.
The companies Brighthouse Financial backs directly.
Brighthouse Financial holds 1 company directly, separate from the funds it commits to as a limited partner.
How those direct holdings break down by headquarters country, sector, entry stage and current growth stage. "Stage entered" is the first priced round the investor joined, derived from the investor’s transaction history.
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USA1
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Fintech1
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Series B+1
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Late Growth1
Other LPs.
Other corporate and insurance LPs in the Power Law LP ranking, closest to Brighthouse Financial by combined power-law score — North America first, then the nearest worldwide.