Trident sells 3m Axis shares
Class of 2001 Bermudian (re)insurer Axis has announced that one of its founding investors, the Trident II fund and related entities have agreed to sell three million of Axis’ common shares in a block trade.
Trident will receive all net proceeds from the sale. Trident II is one of the funds managed by Stone Point capital, the former private equity arm of Marsh & Mclennan which has been involved in many
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