Arranging private equity to support significant shareholder value creation
Principal Investments:
Amlin: Original investor in Amlin (formerly known as Murray Lawrence), one of Lloyd’s longest tenured Managing Agencies. Investment syndicate of Lehman Brothers, State Farm and White Mountains. IRR 25% upon exit. Amlin grew from a $60 million investment to become a $6 billion company, eventually sold to Mitsui of Japan in 2015.
Axis Capital: Original investor in Axis, one of the Bermuda ‘class of 2001’ startups. Investment syndicate led by Stonepoint Capital. IRR 25% upon exit. Axis grew from a $1.75 billion private company to become a public company and Bermuda market leader with a market value of $5 billion.
Harbourpoint. Original investor in Harbourpont, one the Bermuda ‘class of 2005’ startups. Investment syndicate led by Stonepoint Capital. IRR 20% upon exit. Harbourpoint was sold to Max Re in 2012.
Principal Investment Advisory:
Admiral. Advisor on $150 million investment by Barclay’s Capital and Munich Re. Today Admiral is a $7 billion market value enterprise.
Catlin. Advisor on $100 million recapitalization by Pritzker Family company Western General Insurance and Centre Re. Catlin eventually merged with Wellington Insurance and later sold to XL for $4 billion.
Aon. Advisor on $1 billion capitalization of Endurance
Aon. Advisor on $575 million sale of The Warrany Group to Onex
Axa. Advisor on $1 billion sale of Paris Re to Stonepoint Capital and Hellman & Freedman
CVC. Advisor on $1 billion investment commitment to support Endurance’s acquisition of Aspen Holdings
CVC. Advisor on $500 million investment into Pension Insurance Corporation (PIC) UK