[private]International law firm Freshfields Bruckhaus Deringer is advising Swiss Reinsurance Company Ltd. (“Swiss Re”), one of the world’s leading and most diversified reinsurers, in the sale of Conning & Company (“Conning”), a leading global provider of expert solutions and services to the insurance market. Aquiline Capital Partners LLC (“Aquiline”), a New York-based private equity firm investing in the financial services sector, is the acquirer.
The sale, under undisclosed terms, will include Conning’s US and European businesses. Conning has approximately US$70 billion of general account assets under management and US$100 billion of total assets under contract and is currently the largest independent insurance asset manager and the third largest insurance general account manager globally.
The Freshfields team was led by corporate partner Julian Pritchard (New York), and included corporate associates Damien Moynagh, Nicholas McVeigh, Richard Burrows and Tony Salerno (all New York). Tax advice was provided by tax partner, Greg May (New York), and associates Angela Sellman (New York) and Susie Brain (London).[/private]
Related tax articles that may interest you:
- Douglas R. McFadyen advises Dow Chemical in sale of Morton International [private]Shearman & Sterling represented The Dow Chemical Company in the...
- Hogan & Hartson Tax Partner, James Vaudoyer, Advises Inchcape plc On Its Sale of Inchcape France Hogan & Hartson LLP has advised Inchcape plc (a London...
- Jiyeon Lee-Lim advises the State of Qatar on $3 Billion Sovereign Bond Offering [private]Latham & Watkins represented the State of Qatar in connection...
- George Quinn is new Group CFO for Swiss Re Swiss Re has appointed George Quinn as Group Chief Financial...
- Anne-Sophie Maes advises on Danone rights issue [private]Shearman & Sterling is advising Danone on a €3 billion...
