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Tyler Jett is an investigative reporter for the Des Moines Register. Reach him at tjett@registermedia.com , 515-284-8215, or on X at @LetsJett. He also accepts encrypted messages at tjett@proton.me.
The firm continued to grow steadily throughout the 1980s and early 1990s raising $900 million from 1987 through 1996 across NEA's next four funds. [7] Beginning with NEA-8 in 1998, the firm greatly increased the size of its investment funds. NEA's tenth fund had $2.3 billion of investor commitments in 2000.
Boston private equity firm Bain Capital is entering the troubled mutual insurance market with a $200 million investment in West Des Moines' GuideOne
In a $2.4 million transaction, Nationwide Mutual Insurance has sold a small downtown Des Moines office building to an Omaha, Nebraska company.
FBL Financial Group, Inc. is a financial services holding company, headquartered in West Des Moines, Iowa, and traded on the New York Stock Exchange under the symbol FFG. Its primary operating subsidiary, Farm Bureau Life Insurance Company, underwrites and markets a broad range of life insurance and annuities to individuals and businesses.
PFG was first founded under the name Bankers Life Insurance Company. [2] Bankers Life Insurance Company was founded by wealthy Des Moines bankers, including Edward Temple, Simon Casady, and Phineas M. Casady. [3] The bank was founded in 1879 with Temple as president and Phineas Casady as vice president. [4]
American Equity Investment Life Holding Co., which announced in April it would move to downtown Des Moines, will occupy space in a building owned by Nationwide Mutual Insurance Co. at 1150 Locust St.
GuideOne Insurance is an American niche-market insurance company based in West Des Moines, Iowa that specialises in insurance for churches, schools and students. It is one of the largest church insurers in the United States. The company is licensed in all 50 of the United States.