TEL AVIV, Israel--(BUSINESS WIRE)--International and Israeli investors have agreed to acquire up to 21.5% of Phoenix Holdings (TLV: PHOE), a leading Israeli financial group, from Centerbridge Partners and Gallatin Point. The investments involved an agreement for the sale of 4.95%…

NEWS RELEASE Boyd Watterson & Amber Infrastructure Jointly Announce Strategic Transaction Strategic combination will create a leading global alternatives investment platform, nearly doubling assets under management, and providing scale to better serve a global client base. Cleveland, OH and London,…

NEW YORK--(BUSINESS WIRE)-- Bowhead Specialty Holdings Inc. (the “Company”, “Bowhead Specialty”, “we” or “our”) announced today the pricing of its upsized initial public offering of 7,529,412 shares of its common stock at a public offering price of $17.00 per share.…

GREENWICH, Conn. & MADISON, Wis.--(BUSINESS WIRE)--Gallatin Point Capital and American Family Insurance Group are pleased to announce the successful closing of a new partnership whereby funds managed by Gallatin Point (collectively, “Gallatin Point”) will acquire a majority stake in the…

Victor Insurance Managers LLC (Victor), a leading global managing general underwriter, announced today the launch of Victor Insurance Exchange (Victor Exchange), a reciprocal insurance exchange, to deliver additional US property catastrophe capacity to existing and new policyholders of Victor's subsidiary,…

CYPRESS, Texas, April 11, 2023 /PRNewswire/ -- Scott Hanson, President and Chief Executive Officer of CrossCover Insurance Services, LLC (CrossCover) announced today the next stage in the development of CrossCover. In concert with private equity company Gallatin Point Capital, CrossCover…

NEW YORK--(BUSINESS WIRE)--Centerbridge Partners and Gallatin Point Capital, which hold 33.44% of The Phoenix Group, are in advanced negotiations with Emirate funds, led by ADQ, to enter Phoenix’s controlling stake. The Emirate funds are expected to buy 25-30%, partnering with…

SAN FRANCISCO, Nov. 15, 2022 /PRNewswire/ -- Delos Insurance Solutions, which uses wildfire science and aerospace expertise to solve insurance availability and affordability issues, today announced the launch of a program to expand homeowners' insurance options for California homeowners facing…

DENVER, Sept. 21, 2022 /PRNewswire/ -- Pie Insurance ("Pie"), a leading tech-enabled provider of workers' compensation insurance to small businesses, today announced it raised a $315 million Series D round of funding. The round was led by Centerbridge Partners and…

CHEVY CHASE, Md.--(BUSINESS WIRE)--Congressional Bank today announced its intent to rebrand as Forbright Bank, a full-service bank, commercial lender, and asset manager committed to accelerating the transition to a more sustainable economy and driving decarbonization. Forbright launches as the need…