We seek growth equity or buyout investment opportunities mainly in the middle market. But will consider large capitalization opportunities given the right set of circumstances. 

Middle Market Opportunities – The middle market segment provides investment opportunities determined by: 

• Private company succession plans that require capital to facilitate ownership transition or partial liquidity to current management team owners;
• Divestitures of non-core businesses;
• Growth capital needs;
• Technological advances and/or new product introductions that enhance profitability.

Large Capitalization Opportunities – Each sector of the insurance industry experiences distinct (and not necessarily overlapping) cycles, providing for periods of investment opportunity that are driven by factors such as: 

• Natural disasters such as Hurricanes Andrew (1992) and Katrina (2005);
• Terrorist events such as the World Trade Center Disaster (2001);
• Regulatory, legal and structural developments such as Lloyd’s of London’s conversion to corporate capital (1996), the investigation into market practices of insurance brokers by New York Attorney General Eliot Spitzer (2004);
• Attractive valuations and financial engineering;
• Competitive shifts.