RedBird Capital-backed Bishop Street completed the acquisition of Aerospace Insurance Managers from Hallmark Financial.

RedBird Capital-backed Bishop Street completed the acquisition of Aerospace Insurance Managers, a general aviation insurance services provider, from Hallmark Financial, a diversified specialty property/casualty insurer. Financial terms were not disclosed. "The acquisition of AIM adds another high-performing, niche insurance provider to the portfolio to complement the firm’s existing business lines and create opportunities to continue scaling Bishop Street’s unique platform," Mike Zabik, RedBird Capital Partner.