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Chelsea FC owner sets up $74bn asset manager and insurance holding company

Written by Adam Cadle
09/12/2024

Chelsea FC owner, Todd Boehly, has set up a $74bn asset manager and insurance holding company, capitalising on the investment industry’s push for scale and consolidation.

Boehly’s Eldridge Industries will divide the new company into two entities – an investment arm focused on corporate and real estate credit, general partner solutions and sports, media and entertainment – and an insurance platform backed by Eldridge Industries’ Security Benefit and Everly Life.

Boehly is set to chair the new entity’s executive committee.

The deal is expected to close in January 2025. Eldridge will have offices in New York, Greenwich, Beverly Hills, Chicago, Dallas, Atlanta, Overland Park, Des Moines, Topeka, London, and Abu Dhabi.


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