FoxPath Capital Partners, an alternative investment firm specializing in credit secondaries, has entered into a long-term strategic partnership with Reinsurance Group of America, Incorporated (RGA). Under the agreement, RGA will make both a strategic investment and a multi-fund anchor commitment to support FoxPath’s continued growth and platform development. 

Founded in 2023 by Tony Colarusso, Brian Laureano, and Alexander Truss, FoxPath invests across the full spectrum of credit secondaries, including LP-led and GP-led transactions, as well as structured solutions that enhance liquidity and portfolio optimization within private credit markets. 

“Private credit has grown significantly over the last decade, and we believe secondaries will play an increasingly important role in delivering liquidity and efficiency to the market,” said Tony Colarusso, Managing Partner of FoxPath. “Partnering with RGA strengthens our ability to provide investors with differentiated access to the expanding credit secondaries opportunity set.” 

FoxPath will continue to operate independently, maintaining full discretion over its investment and operational decisions. The firm plans to expand its investment team and further enhance its capabilities across North American and European markets. 

As one of the world’s leading global life and health reinsurers, RGA reported approximately $4.1 trillion of life reinsurance in force and total assets of $133.5 billion as of June 30, 2025. 

Piper Sandler & Co. served as financial advisor and Akin as legal advisor to FoxPath, while Goodwin Procter LLP acted as legal counsel to RGA. Additional transaction terms were not disclosed.