KKR Capital Markets Holdings, Stone Point Capital, Alvarez & Marsal Capital, V.J. Dowling have joined to capitalize Vanbridge Holdings, an insurance intermediary and capital advisory firm. Vanbridge Holdings combines Sharebridge Private Equity Consolidated, a specialty insurance intermediary for private equity and venture capital clients, and Vanbridge, a recently formed advisory boutique.
Vanbridge Holdings Ltd., an insurance intermediary and capital advisory firm with offices in New York and Bermuda has been capitalized by a group of highly regarded financial service investors including V.J. Dowling, KKR Capital Markets Holdings L.P., investment funds managed by Stone Point Capital and Alvarez & Marsal Capital. Vanbridge Holdings combines Sharebridge Private Equity Consolidated, Inc., a specialty insurance intermediary serving private equity and hedge fund clients, and Vanbridge LLC, a recently formed advisory boutique focused on the convergence of the insurance industry and capital markets.
“Vanbridge combines within a single firm the expertise and capability to execute across the spectrum of traditional (re)insurance and capital markets. This unique Vanbridge team is well positioned to occupy a critical niche in these evolving markets.”
Vanbridge provides products and services at the intersection of the insurance, private equity and hedge fund industries. Examples include insurance and employee benefit programs tailored to the needs of private equity funds and their portfolio companies; transaction solutions; origination and management of (re)insurance-related principal opportunities for investors; and (re)insurance-related advisory and product development services.
Sharebridge CEO Philip V. Moyles Jr. will serve as CEO of Vanbridge Holdings. The following co-founders of Vanbridge LLC will join the Executive Committee: Donald M. Callahan, formerly managing director and co-head of the Financial Institutions Group within Global Capital Markets at Morgan Stanley; Kenneth R. Pierce, formerly senior partner and global head of the Insurance Industry Group at Mayer Brown and co-head of reinsurance solutions at Morgan Stanley; and Michael Salem, formerly a portfolio manager with Arrowgrass Capital Partners.
“Vanbridge will bridge the traditional insurance industry and capital markets to better serve clients who have been unable to tap into the best aspects of both,” commented Mr. Moyles. “We are thrilled to have such a distinguished group of strategic investors to provide us support and resources in fulfilling this mission.”
Investor V.J. Dowling added,”Vanbridge combines within a single firm the expertise and capability to execute across the spectrum of traditional (re)insurance and capital markets. This unique Vanbridge team is well positioned to occupy a critical niche in these evolving markets.”
Dowling & Hales, LLC, together with its broker-dealer affiliate, Hales Securities, LLC acted as exclusive advisor to the lead investors.
About Vanbridge Vanbridge provides intermediary and capital advisory services to private equity funds, hedge funds and other investors, insurers, reinsurers and banks.