Kirkland Advises Centerbridge Partners and Martello Re on Launch of Martello Re

Kirkland & Ellis advised Centerbridge Partners and Martello Re Limited ("Martello Re"), a licensed Class E Bermuda-based life and annuity reinsurance company with initial equity of $1.65 billion, on the launch of Martello Re backed by the financial support of Massachusetts Mutual Life Insurance Company ("MassMutual"), Centerbridge Partners, Brown Brothers Harriman, and a pre-eminent group of institutional investors and family offices, including Hudson Structured Capital Management. Barings and Centerbridge will act as asset managers for Martello Re.

Read the Martello Re press release

The Kirkland team was led by corporate partner Rajab Abbassi and investment funds partner Erica Berthou, and also included corporate associate Sandra Ghobraiel, insurance regulatory partner Parimah Hassouri, investment funds partners Scott Moehrke, Bryan McGee and Michael Chu and associates Linda Dahl and Danielle Sartain, tax partners Mike Beinus and Polina Liberman, and executive compensation partner Rohit Nafday.