FG Financial Group forms reinsurance sidecar
Florida-based FG Financial Group (FGF), through its reinsurance subsidiary FG Reinsurance, has created a reinsurance sidecar called FG Re Investors I to provide collateralized capacity to support its reinsurance portfolio.
The new reinsurance sidecar intends to raise third-party investor capital to fund its business activities. Castle Placement has been engaged by FG Re Investors I as the exclusive placement agent for the capital raise.
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