Who Phoenix Group is owned by depends on which Phoenix Group you mean, as there are several large insurers with Phoenix name. For Phoenix Group Holdings plc which is the large UK life insurance and pension consolidator based in London owning Standard Life, Phoenix Life, and SunLife and listed on London Stock Exchange as FTSE 100 company, it is owned by its shareholders as a publicly listed company, not by a single owner, with major institutional investors including BlackRock, Vanguard, and other asset managers holding large stakes, and no controlling shareholder. It was formed from consolidation of closed life funds and demutualized insurers like Pearl Assurance. For Phoenix Insurance in Israel, Phoenix Holdings Ltd is publicly listed on Tel Aviv Stock Exchange and is owned by shareholders including institutional investors and was previously controlled by business groups. For Phoenix Companies in the US, which is now part of Nassau Financial Group providing life insurance and annuities and originally founded in 1851 in Hartford, it is owned by Nassau Financial Group which is privately owned by Golden Gate Capital private equity firm. So ownership varies, but UK Phoenix Group is shareholder-owned public company, Israeli Phoenix is public, and US Phoenix is private equity owned through Nassau.
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