MAX RE CAPITAL | |||
Hamilton, Bermuda | |||
Went public 08/14/01 at $16 per share | |||
Filing Range: | 12.0 million shares at $16 to $16.50 | ||
Offering Size: | $192.0 million | ||
Shares Outstanding: | 49.5 million | ||
Underwriters: | Morgan Stanley/Salomon Smith Barney/Goldman Sachs & Co./Dresdner Kleinwort Wasserstein/Banc of America Securities LLC | ||
Company Counsel: | Akin, Gump, Strauss, Hauer & Feld | ||
Manager Counsel: | LeBoeuf, Lamb, Greene & MacRae | ||
Auditor: | KPMG | ||
The Company | |||
Offers customized, alternative risk transfer reinsurance products designed to produce large up-front premiums; generate more predictable, long duration cash outflows and limit underwriting risk through contractual terms. | |||
Venture Backerss | |||
Moore Capital Management Inc. | |||
Capital Z Investment Partners | |||
Citigroup Inc. | |||
Financing Rounds | |||
Round # | Round Date | Number of Stage Investors | Round Amt. ($ thousands) |
1 | 12/22/1999 | 4 Expansion | 331,022 |
2 | 3/21/2000 | 4 Expansion | 109,790 |
3 | 5/10/2001 | 1 Later Stage | 15,000 |
Financials | |||
($ in million, except EPS) | Y/E 12/31/00 | ||
Total Revenues: | $451.30 | ||
Net Income: | 8.7 | ||
EPS: | 0.36 |