For Immediate Release
July 1, 2019
NEW YORK, NY — Stonybrook Capital & Risk Management (“Stonybrook Capital”) is pleased to announce that it has advised on the divestiture of Sandell Re, a Bermuda-based hedge fund reinsurer, to Randall & Quilter (AIMLSE “RQIH”, “R&Q”). R&Q is a Bermuda incorporated, leading provider of finality solutions for run-off portfolios and global program capacity for MGAs and their reinsurers.
Stonybrook Capital served as the exclusive financial advisor to Sandell Re on this transaction.
“It was a pleasure working with the Sandell team. This transaction further demonstrates our ability to find capital solutions for all constituents across the (re)insurance space” said Joseph Scheerer, Principal & CEO of Stonybrook Capital.
About Stonybrook Capital
Stonybrook Capital is an investment banking and reinsurance broking firm located in New York City that focuses exclusively on the insurance industry.
Securities transactions are executed through Weild & Co., member FINRA | SIPC.
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