BMS Group, the high growth independent specialty insurance and reinsurance broker, announces that a definitive agreement has been entered into with Eurazeo for an additional investment in the business. Existing shareholders British Columbia Investment Management Corporation (BCI), Preservation Capital Partners (PCP), management and staff will continue to be invested in the business. In the period…
Preservation Capital Partners (“Preservation Capital”), a specialist investor in the asset-light financial services sector, today announces the closing of Preservation Capital Partners Strategic Opportunities Fund I (“the Fund”) at £150million. The continuation fund was raised during 2023 in the context of the reinvestment in BMS in September 2023, and it had substantial demand from a…
On July 29, 2022, Preservation Capital Partners signed a definitive agreement to become the institutional backer and majority owner in Hanseatic Broking Center GmbH (“HBC”), the innovative insurance specialist for corporate clients in Germany. HBC is a manager-owner-led platform aiming to play a leading role in the rapidly changing German insurance sector. The goal is to…
On July 31, 2022, PCP signed a definitive agreement to become the major shareholder of Saltus, one of the highest quality and fastest growing wealth management firms in the United Kingdom. Saltus is a founder-led financial planning and investment management firm that has achieved strong growth in recent years, propelled by a client centric advice…
Preservation Capital Partners (“PCP”), the high growth financial tech and services private equity firm, today announced a number of promotions within its team, reflecting their contribution to the business as well as PCP’s commitment to developing its talent. Andrea Secci have been promoted to Managing Director from Principal, Armin Holeisen to Principal from Vice President…