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Richard Li Tzar-kai

Richard Li Tzar-kai

Founder & Chairman, Pacific Century Group

Appears in 1 story

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The great asset management consolidation

Money Moves

Sold PineBridge to MetLife after 15-year ownership

MetLife closed a $734.7 billion acquisition of PineBridge Investments from Hong Kong billionaire Richard Li's Pacific Century Group on December 30, 2025, vaulting itself to the top tier of global asset managers. It drew one-third from Asia, over half from non-U.S. investors.

Updated May 19