1/10/2014 3:17:00 PME-mail this Article Print this Article
Insurance intermediary and capital markets advisory firms combine to
advise the intersection of the insurance industry and capital markets
NEW YORK --(BUSINESS WIRE)--
Vanbridge Holdings Ltd., an insurance intermediary and capital advisory
firm with offices in New York and Bermuda has been capitalized by a
group of highly regarded financial service investors including V.J.
Dowling, KKR Capital Markets Holdings L.P., investment funds managed by
Stone Point Capital and Alvarez & Marsal Capital. Vanbridge Holdings
combines Sharebridge Private Equity Consolidated, Inc., a specialty
insurance intermediary serving private equity and hedge fund clients,
and Vanbridge LLC, a recently formed advisory boutique focused on the
convergence of the insurance industry and capital markets.
Vanbridge provides products and services at the intersection of the
insurance, private equity and hedge fund industries. Examples include
insurance and employee benefit programs tailored to the needs of private
equity funds and their portfolio companies; transaction solutions;
origination and management of (re)insurance-related principal
opportunities for investors; and (re)insurance-related advisory and
product development services.
Sharebridge CEO Philip V. Moyles Jr. will serve as CEO of Vanbridge
Holdings. The following co-founders of Vanbridge LLC will join the
Executive Committee: Donald M. Callahan, formerly managing director and
co-head of the Financial Institutions Group within Global Capital
Markets at Morgan Stanley; Kenneth R. Pierce, formerly senior partner
and global head of the Insurance Industry Group at Mayer Brown and
co-head of reinsurance solutions at Morgan Stanley; and Michael Salem,
formerly a portfolio manager with Arrowgrass Capital Partners.
“Vanbridge will bridge the traditional insurance industry and capital
markets to better serve clients who have been unable to tap into the
best aspects of both," commented Mr. Moyles. "We are thrilled to have
such a distinguished group of strategic investors to provide us support
and resources in fulfilling this mission."
Investor V.J. Dowling added,"Vanbridge combines within a single firm the
expertise and capability to execute across the spectrum of traditional
(re)insurance and capital markets. This unique Vanbridge team is well
positioned to occupy a critical niche in these evolving markets."
Dowling & Hales, LLC, together with its broker-dealer affiliate, Hales
Securities, LLC acted as exclusive advisor to the lead investors.
About Vanbridge Vanbridge provides intermediary and capital
advisory services to private equity funds, hedge funds and other
investors, insurers, reinsurers and banks.
Vanbridge HoldingsBarbara Bell, 646-572-9355