Kirsten Gaeta

Kirsten's experience includes advising:

Financial Services Transactions

• Transaction counsel on the formation and capital raise of large reinsurance and insurance companies, including:
  • Ruby Re, a Missouri-based reinsurance vehicle (sponsored by Reinsurance Group of America, Incorporated) (US$480 million of capital raised from two capital raises)
  • Monarch Point Re, a Bermuda-based collateralized insurer (backed by Stone Point and AXIS) (approximately US$400 million in capital raised)
  • A Bermuda-based permanent capital vehicle with an underlying asset involving peer-to-peer lending (approximately US$1 billion of capital raised) (backed by a leading insurance-focused asset manager)*
  • Premia Re, a startup reinsurer dedicated to runoff (US$510 million of capital raised) (backed by Kelso & Company and Arch Capital Group)*
  • Harrington Reinsurance Holdings Limited and its wholly owned subsidiary Harrington Re Ltd., a Bermuda-based reinsurer (US$600 million of capital raised) (sponsored by AXIS Capital and Blackstone)* 
  • Fidelis Insurance Holdings Limited, a newly created specialty insurance and reinsurance company based in Bermuda (US$1.5 billion capital raised)* 
  • Ategrity Specialty Insurance Company, a specialty P&C insurance company focused on the excess and surplus lines market (approximately US$250 million of initial capital raised)*
  • KaylaRe, a Bermuda-based reinsurance company (US$620 million of capital raised) (investments from funds managed by Hillhouse Capital Management and Stone Point Capital)*
  • Representing Universities Superannuation Scheme, one of the world's largest pensions, on its role as lead investor in an insurance consolidation vehicle*
  • Armour, a Bermuda-based P&C runoff reinsurance company (US$500 million of capital raised) (backed by Aquiline Capital)*

Corporate/M&A Transactions

• The Carlyle Group in: 
  • A US$500 million preferred equity investment, led by Carlyle’s Global Credit platform and private equity firm HGGC, in PCF Insurance Services, a top 20 US insurance brokerage
  • A US$1.3 billion investment in Trucordia, a top 20 US insurance brokerage
• NEXT Insurance in its US$2.6 billion acquisition by Munich Re
• Zimmer Financial Services Group on the sale of its specialty legacy insurance provider, Carrick Specialty Holdings
• J.P. Morgan Securities LLC, Barclays Capital Inc. and Jefferies LLC as representatives of the underwriters in the initial public offering of Fidelis Insurance Holdings Limited
• The Carlyle Group in a US$500 million preferred equity investment led by Carlyle’s Global Credit platform and private equity firm HGGC
• Fidelity National Information Services (FIS Global), a Fortune 500 fintech company, on its:
  • US$24.2 billion sale of Worldpay to Global Payments and concurrent
  • US$13.5 billion acquisition of Global Payments’ Issuer Solutions Business
    acquisition of a digital business banking and cash management solutions provider*
• Sedgwick on its acquisition of Temporary Accommodations, one of the largest providers of claims-related temporary housing and related services to displaced policyholders*
• Corinthian Capital on its:
  • Sale of Eastern Wholesale Fence to Center Rock Capital Partners and Leelanau Private Capital*
  • Acquisition of Best Lighting Products from Wafra Partners*
• Unified Commerce Group on its acquisition of Frank And Oak, a sustainable fashion brand*
• Watford Holdings on its:
  • Acquisition of French insurance company Axeria IARD from the APRIL Group*
  • Direct listing of common shares on the Nasdaq Global Select Market and its offering of US$175 million aggregate principal amount of 6.50% senior unsecured notes due 2029*
• Armour, a Bermuda-based P&C runoff reinsurance company, on its sale of ILS Investment Management*
• Slice, an insurtech startup, on corporate and insurance regulatory matters, including multiple joint ventures with large insurers and corporates*

*Matter handled prior to joining Latham