Mitsui Buys 15% Stake in XL’s ILS Firm, New Ocean Capital

  Mitsui & Co., Japan’s second-biggest trading house, agreed to purchase a 15 percent stake in New Ocean Capital, the asset manager that was founded by XL Group Ltd. and Stone Point Capital to make insurance-related bets. Mitsui also committed …

from News – Insurance Journal http://ift.tt/2eBajaN
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