CVC buys into Dale Underwriting Partners in vote of confidence for market
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CVC buys into Dale Underwriting Partners in vote of confidence for market

CVCDuncanDaleLloyds2.jpg

Private equity firm CVC has agreed to buy a majority holding in ~£250mn-premium Dale Underwriting Partners, as the Lloyd’s business looks for longer-term aligned capital to support its next phase of growth.

The deal comes as Dale embarks on its 10th year of trading and realises a significant goal in bringing more of its underwriting funds onto its own balance sheet, according to CEO Duncan Dale.

It

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