Seoul, Sept. 14 -- Samsung Life Insurance is in talks to acquire a stake in a European alternative investment firm managing 55 trillion won (USD 39.6 billion), mainly via private debt, as part of its strategy to diversify earnings amid sluggish growth in the domestic life insurance market, as per a report by Pulse, the English service of Maeil Business Newspaper Korea.

According to foreign media and the insurance industry on Thursday, Samsung Life has been negotiating to buy part of Hayfin's shares held by U.S. private equity group Arctos Partners LP. Hayfin is an alternative investment firm managing 34 billion euros in assets across private debt and private equity, with Abu Dhabi sovereign wealth fund Mubadala and France's AXA Investmen...