Insurance Advisory Partners Acted As Financial Advisor To Capital Z Partners On Its Commitment To Invest In Fidelis MGU
Fidelis Insurance Holdings Limited (“Fidelis”) announced that it is bifurcating its business into a new Managing General Underwriter (“Fidelis MGU”) and the existing balance sheet insurance companies (“Fidelis Balance Sheet Companies”). Fidelis MGU secured equity investments from an investor group led by Capital Z Partners. Other investors include The Travelers Companies, Inc., Blackstone, Further Global Capital Management, and Alfa Insurance.
IAP acted as financial advisor to Capital Z Partners on its investment in Fidelis MGU.