22-07-2025
London IPO Hopeful Utmost Group Weighs Sale of Pensions Unit
Utmost Group, a British insurer backed by Oaktree Capital Management, is considering a sale of its UK life and pensions business ahead of a potential London listing.
The firm is working with advisers at financial services-focused boutique Fenchurch to explore options for the unit, including a potential disposal, people familiar with the process said. The deliberations are at an early stage and there's no certainty they will result in a deal, the people said, asking not to be identified discussing private information.