Phoenix Holdings is primarily owned by Belenus Lux S.a.r.l, which acts as its direct holding company. Significant indirect ownership and strategic influence are held by the private equity firms Centerbridge Partners LP and Gallatin Point Capital LLC.
Understanding the Ownership Structure
The ownership of Phoenix Holdings involves a layered structure, common in large corporate entities. This structure clarifies the entities that directly manage the company versus those that hold ultimate control through their investment.
- Direct Owner: Belenus Lux S.a.r.l is the direct owner of Phoenix Holdings. This entity serves as the immediate parent company, typically managing the operational oversight.
- Indirect Owners: The ultimate beneficial owners are Centerbridge Partners LP and Gallatin Point Capital LLC. These two investment firms jointly own Belenus Lux S.a.r.l, thereby indirectly controlling Phoenix Holdings.
These prominent investment firms, Centerbridge Partners LP and Gallatin Point Capital LLC, collectively own 33.1% of Phoenix Holdings' shares. This substantial stake grants them considerable influence over the company's strategic decisions, financial direction, and overall governance.
Key Ownership Entities at a Glance
| Role | Owner Entity | Type of Ownership | Notes |
|---|---|---|---|
| Direct Holding Company | Belenus Lux S.a.r.l | Direct | Immediate parent company, owned by the indirect owners. |
| Indirect Major Shareholder | Centerbridge Partners LP | Indirect | Prominent private equity firm with a significant stake via Belenus Lux. |
| Indirect Major Shareholder | Gallatin Point Capital LLC | Indirect | Investment firm also holding a substantial stake via Belenus Lux. |
The combined ownership of Centerbridge Partners LP and Gallatin Point Capital LLC represents a critical part of Phoenix Holdings' capital structure, indicating their joint control over a significant portion of the company's equity. This dual ownership ensures shared governance and strategic alignment from these powerful financial investors.
