Nephila Capital and KKR Announce Strategic Partnership

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Nephila Capital and KKR Announce Strategic Partnership

KKR

Linked by BusinessWire ( track newsfeed | ignore newsfeed ) - January 23, 05:00PM from (www.businesswire.com)

KKR & Co. L.P. (NYSE: KKR), a leading global investment firm, and Nephila Capital Ltd. (“Nephila”), a leading investment manager focused on investing in natural catastrophe and weather risk, today announced KKR’s acquisition of a 24.9% interest in Nephila. Shares will be acquired pro rata from Nephila management and from Nephila’s minority stakeholder, Man Group plc, which will retain an 18.75% interest. Financial terms of the transaction were n

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