Charles Monat Associates Partners With Apollo
Charles Monat Associates has secured a strategic minority investment from Apollo Global Management’s hybrid strategy funds, marking a major step in its mission to expand globally and strengthen its position in life insurance solutions for ultra-high-net-worth clients.
The investment, announced in Singapore on Friday, reinforces Charles Monat Associates’ (CMA) long-term growth trajectory. Despite Apollo’s backing, CMA’s management, governance, and branding will remain fully independent. The partnership is designed to accelerate growth rather than alter control, the firm said in a media release.
Gaurav Pant, partner at Apollo, said CMA is ideally placed to benefit from powerful industry tailwinds: «CMA has established itself as a leading brokerage for bespoke life insurance solutions to high-net-worth individuals in key wealth hubs. We are thrilled to support its next phase of growth.»
Leveraging Technology and Global Reach
Both firms see opportunities in deploying advanced technologies, automation, and regional scaling. Yves Guélat, group CEO of CMA, said the investment marks a major milestone: «This will help us accelerate our geographic expansion and elevate our service standards to meet the evolving needs of ultra-high-net-worth clients worldwide.»
Celia Yan, partner and head of hybrid for Apollo Asia Pacific, noted that Apollo’s hybrid platform enables customized growth financing: «Apollo’s integrated platform and global reach allow us to deliver hybrid capital at scale, tailored to each partner’s strategic goals.»
Preparing for the Great Wealth Transfer
With $124 trillion in global wealth expected to shift by 2048, according to Cerulli Associates and NAPA, CMA is positioning itself at the heart of legacy planning. Guélat added: « We have seen unprecedented demand for legacy planning in recent years. This partnership will further enhance our ability to help families and institutions navigate this generational wealth transfer. »
The transaction is expected to close in the first quarter of 2026, pending regulatory approval.
