Flexpoint Ford has agreed to acquire UK-based AFH Financial Group, a financial planning-led wealth management firm.

Blackstone has agreed to buy Allstate's life insurance business for $2.8 billion, reported Bloomberg.

Newlight Partners LP is investing up to $200 million in Upland Capital Group, a specialty insurance business.

Mercer Global Advisors Inc, which is backed by Oak Hill Capital and Genstar Capital, has acquired Marrs Wealth Management Inc, a wealth management firm based in Ames, Iowa.

The London Stock Exchange is closing its $27 billion acquisition of Refinitiv, a London, UK-based provider of financial markets data and infrastructure, on January 29, reported Reuters.

Oak Hill Capital and Genstar Capital-backed Mercer Global Advisors, Inc has acquired Spokeane, Washington-based Hart Capital Management Inc, a wealth management firm.

Talcott will continue to be led by chief executive officer and president Pete Sannizzaro.

Mercer Global Advisors Inc, which is backed by Oak Hill Capital and Genstar Capital, has acquired Pinnacle Wealth Solutions Inc, a wealth management firm located in Midlothian, Virginia.

The acquisition strengthens RegEd's position in compliance management services for the financial services industry. 

Integrated Specialty Coverages, a portfolio company of Two Sigma's Sightware Capital, has acquired Sacramento, California-based California Contractors Insurance Service Inc, a licensed construction bond and insurance agency.

Alliant Insurance Services has acquired One Source Risk Management Canada, a Calgary-based insurance brokerage business.

Spectrum Equity has secured a minority stake in London-based Quantile Technologies for $51 million.

A private equity consortium led by GTCR LLC and Reverence Capital Partners LP, is in talks to acquire Wells Fargo's asset management business, reported Reuters.

NFP, a portfolio company of Madison Dearborn Partners, has acquired EdgeHill Insurance Brokers, a Toronto-based property and casualty brokerage company.

TowerBrook Capital Partners and Further Global have agreed to acquire ProSight Global Inc in a deal valued at about $586 million.

Convex, a specialty insurer, has secured $500 million in funding. The investor was Sixth Street.

Australia's AMP Capital and Canada's PSP Investments have agreed to sell their stakes in Alpha Trains, a European rolling stock leasing company.

The company represents the firm's fifth platform investment out of its debut fund. 

TIG Advisors has acquired a minority stake in Hong Kong-based Arkkan Capital, an alternative asset manager.

Tim Rowland and David Carmichael formed RCA in 1986.