Howard Hughes to buy Vantage for $2.1bn

The Carlyle and Hellman & Friedman vehicle will sell for 1.5x book value.

By Rachel Dalton

December 18, 2025

Investment firm Howard Hughes Holdings has agreed to buy Carlyle- and Hellman & Friedman-backed carrier Vantage for $2.1bn, around 1.5x

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Topics

M&A News Vantage Risk Bermuda Private equity Specialty lines Insurers