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19 March 2018

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Quest partners with Mangrove for Bermuda legacy vehicle

Catrin Shi 28 February 2018

Quest is working with US investment firm Mangrove Partners to launch a Bermuda-based vehicle for legacy deals.

Just over $300mn has already been raised for the dedicated insurance class of the vehicle, named Buttonwood, although more capital is expected to be raised.

No launch date has yet been confirmed for Buttonwood, as work between Quest and Mangrove Partners is still ongoing.

The Insurance Insider understands a joint partnership structure is being targeted for the vehicle, which would see Quest take...

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