EXPERT GUIDANCE FOR THE PATH AHEAD
Our Core Competencies
Mergers & Acquisitions
TRANSACTION DUE DILLIGENCE
- Review of purchase agreement
- Total Cost of Risk Development, Review, and Projection
- Review target company’s financial statement including transactional insurance costs, projected insurance audits, collateral requirements and changes
- Current and Projected Insurance Program coverage review and cost summary
PORTFOLIO AGGREGATION ANALYSIS
- Directors & Officers, Executive & Management Liability
- Coordination between GP & Portfolio Companies
- Portfolio Programs where appropriate
- Property and Casualty
- Employee Benefits
- Representations and Warranties
- Tax Indemnity
- Contingent Liability
- Safety Integration
- Loss Portfolio Transfer
- Key Person Life Insurance
POST TRANSACTION INTEGRATION: Post Closing at Portfolio Company
- Closing Integration
- Ongoing Account Management & Service
CARRIED INTEREST HEDGING
Alternative asset management firms and its partners rely on their carried interest for a majority of their income and incentives. The illiquidity risks of carry remain a dilemma for both the firms and their partners.
In the event of death or disability of a partner, the illiquid nature of carry creates a strategic issue. The family and or beneficiaries of the partner will have an expectation or desire to receive their funds due to their tragic loss. In the event of a disability, the resulting disruption to their normal lifestyle and future earnings potential becomes a serious concern.
Contractual obligations, litigation risk and illiquidity dilemmas can cause immediate needs for funds. Many times there could be contractual obligations due to the partnership agreements, current law or simply the desire to assist their families. To avoid any potential litigation from distraught members of the family or the firm and partners wish to simply continue their legacy, a hedge program which can insure these issues is a cost effective way to satisfy any of the above.
VARIABLE ANNUITY CONTRACTS AND CREDIT WRAPS
We bring private equity firms, hedge funds , family offices and alternative asset managers together with insurers, reinsurers and management teams in deploying capital to generate funding for asset managers, tailoring each situation to the needs and goals of our clients. We offer innovative fund raising strategies utilizing insurance strategies that include Variable Annuity Contracts and Credit Wraps.
Variable Annuity Contracts (“VAC”) are a type of insurance product that provide investors with investment options offered on an insurance company’s Investment Platform.
VAC’s provide Investors the returns and performance of the investments chosen from the Investment Platform.
Among other benefits, VACs can deliver tax efficient solutions for Investors, as the Investors are treated as holders of an annuity contract rather than interests in the underlying investments.
RCP has exclusive access to a unique group cyber program with a top rated insurer. The private equity sponsor and all of the portfolio companies are included in the program and are able to share limits or have separate limits with one aggregate. Provides protection for all entities with less cost and more coverage.