Goldman Sachs, Blackstone invest in online insurer Prima Assicurazioni

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Goldman Sachs Group Inc. and Blackstone Group LP's Blackstone Tactical Opportunities Advisors LLC provided an undisclosed amount of investment in Prima Assicurazioni SpA.

The Milan-based online insurance firm, which operates under a partnership with reinsurance giant Munich Re Co., focuses on automobile insurance policies.

White & Case LLP provided legal advice to Goldman Sachs and Blackstone.