Transaction Overview
Capital Z Partners (“Capital Z”) has sold its equity stake in Hamilton Insurance Group (“Hamilton”)
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- Terms of the transaction and acquirors were undisclosed
- Transaction officially closed on June 10th, 2019
Capital Z is a global private equity firm focused exclusively on the financial services industry
- Since inception, Capital Z has invested approximately $2.8bn in over 40 transactions worldwide
- Invests across the full spectrum of the financial services industry, with prior insurance investments including:
- Argo Group, Catlin Group, Endurance Specialty, Lancashire Holdings, Permanent General, and Tarquin
- Capital Z has been invested in Hamilton and its predecessor entities since July 2012
Hamilton is a Bermuda-based, data-driven global (re)insurance platform
- Operating entities include Hamilton Re, Ltd. and a Lloyd’s Managing Agency for Syndicate 3334
- Leverages advanced technology and analytics to drive returns on both sides of the balance sheet
- Recently announced acquisition of Pembroke Managing Agency and certain affiliates
- Brings Hamilton total projected premium to ~$1bn
- Scheduled to close in the second half of 2019
TigerRisk Capital Markets & Advisory Role
TCMA acted as exclusive private placement agent to Capital Z Partners
- Assisted in the preparation of financial packages and presentations for potential investors
- Made initial contact with and led discussions with a range of potential investors
The private placement marks the 4th successful TCMA transaction involving Hamilton
- Sole Structuring and Placement Agent in Turing Re, Ltd. 2017-1 Class A Preference Shares
- Exclusive Financial Advisor in the acquisition of Pembroke Managing Agency and Ironshore Europe DAC
- Sole Structuring and Placement Agent in Turing Re, Ltd. 2019-1 Class A Preference Shares