Montana Capital Partners completes secondaries deal to form Highscale Ventures.

Netherlands-based insurer Aegon has spun off its Transamerica Ventures corporate venturing portfolio in a secondaries deal with Montana Capital Partners (MCP), a Switzerland-based private equity firm.

Founded in 2013 with Georg Schwegler’s hire, Transamerica’s corporate venture portfolio consists of nearly 20 financial and insurance technology companies mainly active in the US. The deal is structured as a spin out of the previous management team of Transamerica Ventures who will continue to manage the underlying assets and the partnerships with…

James Mawson

James Mawson is founder and chief executive of Global Venturing.