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Mar 31, 2022 · Carlyle has raised $2.1 billion in equity capital for Fortitude Re from existing investors, including strategic co-investor T&D Insurance Group, underscoring their support for the strategy and Fortitude Re’s prospects.
Mar 31, 2022 · Posted on 03/31/2022. Global investment firm Carlyle Group Inc. raised US$ 2.1 billion in equity capital for Fortitude Re from existing investors, including strategic co-investor Taiyo Life Insurance Company (a unit of T&D Insurance Group). Carlyle expects to contribute up to US$ 150 million from its balance sheet to this capital raise.
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Apr 1, 2022 · Carlyle has also raised $2.1 billion in equity for Fortitude and will contribute up to $150 million from its balance sheet toward the total capital raise. This will enable Fortitude...
Apr 1, 2022 · Fortitude RE can double in size following the major $2.1 billion capital injection just received, a key shareholder has said. “We believe it is sufficient to double the size of Fortitude Re today,” the head of Carlyle Insurance Solutions, Brian Schreiber (pictured), told an investor call.
Mar 31, 2022 · Fortitude Re then plans to raise capital amounting to $2.1 billion from TDUC and Carlyle, with the capital to be deployed for business growth and other expenses through its operations. Carlyle has raised the $2.1 billion for Fortitude from the reinsurer’s existing investors and will commit up to $150 million from its balance sheet toward the ...
Apr 1, 2022 · . Tags: Private Equity. Join the more than 1.5 million industry professionals who get our daily newsletter! First name. Last name. Business email. The Carlyle Group has raised $2.1 billion in equity capital for portfolio company Fortitude Re. Carlyle has also agreed to provide the multiline reinsurer with M&A, transaction origination and...
Mar 31, 2022 · Carlyle has raised $2.1 billion in equity capital for Fortitude Re from existing investors, including strategic co-investor T&D Insurance Group, underscoring their support for the strategy and Fortitude Re’s prospects. Carlyle expects to contribute up to $150 million from its balance sheet to this capital raise.
