Announced
Completed
Synopsis
Carlyle, an alternative asset management corporation, and Hellman & Freidman, a private equity firm, completed a $200m investment in Vantage Group, an insurance partner. “We are thrilled that our two majority shareholders have affirmed their commitment and belief in Vantage with their additional capital investment. Furthermore, our acquisition of an admitted lines carrier serves to complete the build-out of our insurance platform. We will have capabilities to assume risk on US admitted and non-admitted paper, as well as in our Bermuda entity. We are also pleased to be entering our second full year of reinsurance underwriting in Bermuda, having successfully launched that business in 2021. We look forward to continuing to expand the ways we are helping our clients and brokers solve their most pressing (re)insurance challenges with this complete platform in place," Greg Hendrick, Vantage CEO.
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