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Preservation Capital Partners Announces Successful Close of PCP Fund II at €459 Million, Achieving 30% Growth from Previous Fund

London, 28th of March 2024 – Preservation Capital Partners, a leading Financial Services investment firm, is delighted to announce the successful close of PCP Fund II, securing €459 million in capital commitments. This achievement marks a significant milestone for the firm, representing a notable 30% increase from its predecessor fund, PCP Fund I, which raised €350...

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BMS completes acquisition of Berns Brett Masaood and rebrands to BMS Masaood

BMS, the independent specialist insurance and reinsurance broker, has completed its majority stake acquisition of Berns Brett Masaood (BBM), a leading UAE insurance broker established in 2007 and headquartered in Abu Dhabi and Dubai. This is BMS’ first acquisition in the region and testifies to BMS’ ambitious growth plans. In 2023 alone, BMS successfully completed...

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PCP Reinvests in BMS alongside BCI and Eurazeo

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...

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