Legacy specialist Carrick Specialty Holdings has secured a credit arrangement with the Bank of Montreal for its subsidiary Carrick Holdings that provides up to $40mn in funding for further legacy transactions.
The group was founded in October 2020 with $100mn of initial capital from Sequentis Financial.
It completed its first legacy deal, the acquisition of Community Re from Hampden, in December last year, in a transaction first revealed by this publication.
Carrick...
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