Kirkland advised Oak Hill Advisors, as part of a consortium of investors, on its portion of an $800 million equity investment into start-up speciality insurer Inigo Limited (Inigo), which was announced on 24 November 2020. The consortium of international investors included Caisse de dépôt et placement du Québec (CDPQ), J.C. Flowers & Co., Qatar Investment Authority, Stone Point and Enstar. The $800 million investment ranks as one of the largest in a Lloyds vehicle in several years. The transaction also includes the proposed acquisition of StarStone Underwriting Limited from Enstar.
The Kirkland team was led by transactional partners Rebecca Villarreal and Stuart Boyd and associate Jiri Peterka, antitrust partner Paula Riedel and associate Shahrzad Sadjadi and tax partner Dulcie Daly.