MetLife Completes Acquisition of PineBridge Investments Expanding Global Asset Management Capabilities

MetLife Expands Its Horizons with PineBridge Acquisition

On December 30, 2025, in Whippany, New Jersey, MetLife Investment Management (MIM), a segment of MetLife dedicated to institutional asset management, announced the successful completion of its acquisition of PineBridge Investments. With this strategic acquisition, the combined asset management balance provided to clients globally now reaches an impressive $734.7 billion.

Accelerating the growth of its asset management business is a top priority highlighted in MetLife's "New Frontier Strategy." This acquisition strengthens MIM’s standing as one of the world’s foremost asset management firms, combining MIM’s robust organizational capacity and scale with PineBridge’s global network and specialization in financial services. The synergy is expected to enhance MetLife's ability to respond to current market landscapes while capturing future investment opportunities.

John McCallion, Chief Financial Officer of MetLife and Head of MIM, remarked, "The unification of both firms will enable us to structure a framework that responds adeptly to today’s market environment while also capitalizing on future investment avenues.” He expressed confidence that the merger will accelerate the achievement of growth objectives aligned with the "New Frontier Strategy."

In conjunction with the acquisition, MIM also introduced a new management structure composed of executives selected from both companies. Brian Funk will lead as the President of MIM, overseeing the entirety of the integrated business. For more insights on MIM’s leadership team, interested parties can visit MetLife Investments or PineBridge.

Brian Funk emphasized, "This leadership team brings together top talent from both organizations, providing enhanced long-term value to our clients grounded on expertise and a shared vision.”

In December 2024, MIM publicly announced its agreement to acquire PineBridge from Pacific Century Group. Notably, over half of the assets to be obtained through this transaction are held by investors outside the United States, with approximately one-third attributable to investors based in Asian regions. It is important to note that this acquisition does not encompass PineBridge’s private equity fund operations or joint ventures in China.

This estimated figure is based on fair value assessments as of September 30, 2025, representing a pro forma combined asset balance managed or advised by MIM and PineBridge. This number is provided for illustrative purposes only and does not reflect the actual total managed asset balance post-acquisition.

With this acquisition, MetLife not only broadens its investment capabilities but also reinforces its commitment to delivering superior financial solutions to a global clientele. The integration of cognitive expertise from both firms promises to establish a more resilient asset management platform, ready to navigate the complexities of the global market. As MIM continues to grow and evolve, stakeholders are keen to observe how this strategic move will shape the investment landscape in the coming years.