Holborn Reinsurance Takes Equity Position in Stonybrook Capital LLC
(firmenpresse) - NEW YORK, NY -- (Marketwired) -- 07/08/13 -- Holborn Corporation, the largest, U.S.-based, privately held reinsurance broker, has made an equity investment in Stonybrook Capital LLC, an investment banking firm that provides advisory services to clients in the insurance industry.
"We're pleased to take an equity position in Stonybrook. This investment gives Holborn a presence in the investment banking sector and will create mutual opportunities for business development to benefit our respective clients," said Frank T. Harrison, Chairman, President and CEO of Holborn.
"Our relationship with Holborn provides a new dimension of service for Stonybrook clients who will have access to Holborn's global network of reinsurance markets, analytics and industry expertise," said Joseph Scheerer, Principal and Managing Director of Stonybrook Capital.
Holborn was formed in 1920, making it one of the most experienced reinsurance brokers in the world. The Company is owned exclusively by its employees, an uncommon structure even among independent brokers. This contributes to Holborn's stable client base and noteworthy ability to attract and retain talent.
Stonybrook Capital is a specialist strategic advisory and investment banking firm focused exclusively on the insurance industry. Stonybrook's relationships include insurers, reinsurers, agents, brokers, managing general underwriters, asset managers, private equity firms, hedge funds and alternative asset managers.
For more information, visit our website: ; Corporate contact: Joseph Scheerer, Tel: 917-860-4519; Email: .
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Joseph Scheerer
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Datum: 08.07.2013 - 09:03 Uhr
Sprache: Deutsch
News-ID 1243293
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