NEW YORK, July 31, 2013 /PRNewswire/ -- Guggenheim Partners today issued the following statement regarding the New York Department of Financial Services' approval of the acquisition of Sun Life Insurance and Annuity Company of New York by Delaware Life Holdings LLC:
Guggenheim Partners is pleased that the New York Department of Financial Services approved the acquisition of Sun Life Insurance and Annuity Company of New York, a unit of Sun Life Financial Inc. (NYSE:SLF, TSX:SLF), by Delaware Life Holdings LLC. As a matter of clarification, Delaware Life Holdings is owned by shareholders of Guggenheim Partners and Guggenheim Partners is not an applicant on the acquisition of Sun Life.Guggenheim is a diversified financial services firm, and is not a private equity fund and does not manage any private equity funds.
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