Annexus, a Scottsdale, AZ-based designer of annuities and insurance-based retirement products, received a minority investment from Blackstone.
Funds advised by Blackstone Tactical Opportunities have made the strategic investment.
The investment will support the company in its next phase of growth.
Co-Founded by Don Dady and Ron Shurts designs solutions for Americans to grow and protect their retirement savings. For over a decade, the company has developed fixed indexed annuities and indexed universal life insurance products.