--- Connecting LPs & GPs worldwide
--- Connecting LPs & GPs worldwide
An investor group led by San Francisco-based private equity firm Hellman & Friedman has signed a stock purchase agreement to acquire Universal Underwriters Group from Zurich Financial Services Group in a transaction valued at approximately $1.1bn. Farallon Capital Management, GIC Special Investments Pte and Universal Underwriters' management will invest alongside Hellmann & Friedman. Following the transaction the investor group will own 100 per cent of Universal Underwriters.
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