Kirkland Advises Flexpoint Ford on Single-Asset Continuation Fund for SageSure
Kirkland & Ellis advised private equity firm Flexpoint Ford, LLC, on a $460 million single-asset secondary transaction to extend its partnership with SageSure, LLC, a managing general underwriter focused on the catastrophe-exposed property insurance market in United States coastal regions. Flexpoint formed a continuation fund that acquired existing interests in SageSure and also raised new capital, enabling Flexpoint to extend its ownership of a high-performing portfolio company, while providing existing investors with flexibility to realize liquidity or continue their investment alongside the firm. The fund, which will be managed by Flexpoint, was anchored by Lexington Partners as the sole lead investor. The transaction was announced June 30, 2026.
Read the transaction press release
The Kirkland team included investment funds lawyers Eric Fischer, Dave Stults, Kevin Wessel, Andrew Silvia, Patrick Vinett, Thomas Westbrook, Maria Fay Karras, Zach Durst, James Steiner, Alice Palkovitz and Crystal Tan; corporate lawyers Mark Fennell, Lauren Fiotakis and Brian Wang; debt finance lawyers Jocelyn Hirsch, Tony Tsai and Tasha Mandell; tax lawyers Mike Conroy, Polina Liberman and Natalie Chen; investment funds regulatory lawyers Nicholas Hemmingsen, Peter Gauss and Annie O’Keefe; and transactional liability lawyer Hayley Hollender.
