As Bermudian-headquartered (re)insurer Catlin concludes its fundraising for perpetual sidecar vehicle Long Bay Re, there is growing speculation that market maker Deutsche Bank may have to buy the lion's share of the $150mn equity at an IPO.
As Bermudian-headquartered (re)insurer Catlin concludes its fundraising for perpetual sidecar vehicle Long Bay Re, there is growing speculation that market maker Deutsche Bank may have to buy the lion's share of the $150mn equity at an IPO.