Entries tagged "Nicholas F. Potter"
In The Deal NewsWeekly Nicholas F. Potter and Michael McDonnell of Debevoise & Plimpton LLP explain how for life insurers, embedded value transactions may provide the steady cash flows private equity investors crave. Although private equity firms have shown increasing interest in financial institutions in recent years, specific interest in life insurance companies has remained muted, in part because the life insurance business is quite capital intensive. Strategic efforts by life insurers to manage capital efficiently are not new. However, of interest to private equity firms and hedge funds looking to diversify are "embedded value securitizations," a relatively new technology...
