MetLife closes PineBridge acquisition; combined AUM reaches $734.7B

METLIFE INC

Closed acquisition of PineBridge Investments on December 30, 2025, announced in December 2024.
Combined AUM of $734.7B as of September 30, 2025 pro forma; 55% in public fixed income.
Acquisition excludes PineBridge's private equity funds group and China joint venture.
Brian Funk named president of combined MIM; John McCallion remains CFO and Head of MIM.
More than half of acquired client assets are outside the U.S., with one-third in Asia.

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