Legal & General’s U.S. Market Foray Backed by $4B Investment

Legal & General Capital (LGC), a London-based financial services and asset management company that manages roughly $1.8 trillion in assets globally, is stepping into the U.S. market by entering a 50-50 partnership with stateside real estate developer Ancora. With an introductory $500 million of an overall $4 billion in seed capital...