Appleby acted as Bermuda counsel to SageSure in relation to its investment in Pillar Capital Management, a Bermuda-based insurance-linked securities [ILS] fund manager with over US$4 billion in institutional assets under management.
A spokesperson said, “The investment expands SageSure’s capabilities across the property catastrophe value chain and strengthening its ability to connect underwriting expertise with a broader range of capital sources.
“Appleby worked alongside Willkie Farr & Gallagher LLP, providing Bermuda regulatory and corporate advice in relation with the transaction.
“The Appleby team was led by Partner Brad Adderley, with support from Partner Cathryn Minors, Counsels Anna Markiewicz, Josephine Noddings and Jane Walker, Senior Associates Aleisha Hollis, Rawan Hussein and Kilian Elkinson, Associate Milaun Perott, and Appleby’s Regulatory, Governance & Compliance Advisory Lead, Jarion Richardson.”