KKR Invests in Nephila

By Luisa Beltran — 3 years ago

KKR has acquired a 24.9% stake in Nephila. The sellers are Nephila’s management and Man Group, which retains an 18.75% stake. Financial terms were not announced. Hamilton, Bermuda-based Nephila, an investment manager, specializes in investing in reinsurance risk, including insurance-linked securities, catastrophe bonds and weather derivatives.