Hamilton , Bermuda
Went public 08/14/01 at $16 per share
Filing Range: 12.0 million shares at $16 to $16.50
Offering Size: $192.0 million
Shares Outstanding: 49.5 million
Underwriters: Morgan Stanley/Salomon Smith Barney/Goldman Sachs &
Co./Dresdner Kleinwort Wasserstein/ Banc of America Securities
Company Counsel: Akin, Gump, Strauss, Hauer & Feld
Manager Counsel: LeBoeuf, Lamb, Greene & MacRae
Offers customized, alternative risk transfer reinsurance products designed to produce large up-front premiums; generate more predictable, long duration cash outflows and limit underwriting risk through contractual terms.
Moore Capital Management Inc.
Capital Z Investment Partners
Number of Round Amt.
Round # Round Date Stage Investors ($ thousands)
1 12/22/1999 4 Expansion 331022.0
2 03/21/2000 4 Expansion 109790.0
3 05/10/2001 1 Later Stage 15000.0
($ in million, except EPS)
Total Revenues: $451.3
Net Income: 8.7