Company Overview Visit massmutual.com website
The company, Mass Mutual (MassMutual.com), was founded in 1868 by Edward Isham as The Mutual Life Insurance Company of New York. They are now one of America's oldest and largest mutual life insurance companies. Established in Springfield, Massachusetts they now have over $700 billion dollars worth of assets which is the highest amount ever reported to state regulators for any life insurer that isn't public or owned by another company.
With their massive amount of assets, it makes sense that they would want to invest them into other areas besides just life insurance. With this desire, investing became a major focus for the company back in 2011 when it made its first investment outside of the financial sector with its purchase of Continental Mills. This continued on when in 2013 they purchased the naming rights for the MassMutual Center arena in Springfield, MA.