Milbank LLP represented the debt financing sources to Kindley Re, a Bermuda-domiciled life and annuity reinsurance sidecar. Kindley Re was formed in partnership with Davidson Kempner Capital Management LP, and Kuvare Holdings (“Kuvare”) and its affiliates. Kuvare is a technology-enabled financial services platform focused on insurance, reinsurance and asset management solutions.
The Milbank team was led by New York-based Global Leveraged Finance partner Charles Stern and included associates Nicole Rose, Gregory Arpino and O’Neill Kennedy.