Talcott Resolution Announces Completion of Acquisition by Sixth Street prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
14-11-2019
Global investment firm Sixth Street is set to acquire Talcott Resolution Life Insurance Company from a consortium of investors that purchased the life and annuities business from The Hartford in 2018.
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Stephen Catlin s Convex hits $3.2bn capital raise with new funding
15-01-2021
More on this story
15-07-2019
Stephen Catlin and Paul Brand s specialty re/insurer Convex Group has secured an additional $500 million backing from US investment firm Sixth Street, taking the carrier s total committed capital to over $3.2 billion.
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Commenting on the capital raise, Catlin said: “We are pleased to be partnering with the Sixth Street team to strengthen our position even further in today’s cyclically advantageous market environment.
”This significant additional capital provides us with greater flexibility as we continue our recent momentum in growing our business.”
While Sixth Street co-founder and partner A Michael Muscolino said: “With an exceptional track record and disciplined team of underwriters, Convex is uniquely positioned to pursue opportunities made available by a hardening market.
”Our cross-border financials investing franchise is pleased to be supporting Convex management alongside their impressive existing institutional investor base, and we look forward to our long-term partnership.”
Convex raises another $500m royalgazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from royalgazette.com Daily Mail and Mail on Sunday newspapers.