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Catlin's Convex Group Raises Capital of $500 Million


Catlin’s Convex Group Raises Capital of $500 Million
January 14, 2021
Convex Group Ltd. has secured $500 million in committed preferred equity capital from affiliates of Sixth Street, a leading global investment firm. The investment follows Convex’s recent $1 billion capital raise from a consortium led by Onex and GIC, in which Sixth Street also participated.
Sixth Street’s investment brings Convex’s total committed capital to over $3.2 billion.
Related:
The company is led by Stephen Catlin, Paul Brand and a team of well-respected insurance industry experts.
San Francisco-based Sixth Street is a global investment firm with over $50 billion in assets under management. Sixth Street is an active global investor in insurance and reinsurance businesses through its $24 billion Sixth Street TAO platform. ....

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Convex gears up to bolster its Bermuda operation

Convex gears up to bolster its Bermuda operation
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