/PRNewswire/ The US Cyber Games® has announced the members of its second US Cyber Team. The Season II team was selected during a Draft Day event at the.
Convex Group Raises $500 Million in Preferred Equity Capital from Sixth Street
Convex Group Raises $500 Million in Preferred Equity Capital from Sixth Street Convex Group Limited (Convex or the Company) has secured $500 million in committed preferred equity capital from affiliates of Sixth Street, a leading global investment firm. The investment follows Convexs recent $1 billion capital raise from a consortium led by Onex and GIC, in which Sixth Street also participated. Sixth Streets investment brings Convexs total committed capital to over $3.2 billion. Convex is a specialty insurer and reinsurer focused on complex risks, that launched with $1.7 billion of committed capital in April of 2019. Convex underwrites insurance and reinsurance across a diverse range of business lines including aerospace, casualty, energy, marine, property and other lines of business. The company is led by Stephen Catlin, Paul Brand and a team of well-respected insurance industry experts.