Janus Capital Group has entered into a strategic alliance with the The Dai-ichi Life Insurance Company, in which Japan’s third largest life insurer will acquire up to 20% of Janus’s outstanding shares and invest at least $2 billion in Janus investment products.

“We are honored to partner with one of Japan’s financial services leaders and are very excited by this opportunity,” stated Janus Chief Executive Officer Richard M. Weil. “Dai-ichi Life has a 110-year history of client service excellence, and our alliance represents a substantial leap forward in the development of our business in the Asia-Pacific region.”

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