Private equity to fire EC3 starter’s gun?
M&A amongst the quoted Lloyd's insurers has been
scarce of late but The Insurance Insider believes
the sector's modest valuations are tempting buy-out firms to
look at Lime Street.
Private equity interest is manifesting itself in a number of
different ways. Some firms - such as Boston's Parthenon
Capital, for example - are looking at the prospect of backing a
Lloyd's start-up. But others, such as Goldman Sach's
private equity arm, are thought to be considering the prospect of
making...
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