Appleby acted as Bermuda counsel to Sixth Street, a leading global investment firm, in connection with an agreement by certain investment vehicles managed or advised by Sixth Street to acquire a majority stake in Monument Re, a registered Bermuda life insurer.
Appleby advised on all Bermuda law aspects of the transaction, including advising on the structure, conducting an in depth corporate and regulatory due diligence review, and reviewing the transaction agreements and related documentation supporting the investment
The Appleby team was led by Bermuda Managing Partner Brad Adderley and supported by Partner Cathryn Minors, Counsels Anna Markiewicz and Jane Walker, Senior Associate Aleisha Hollis, Associates Mya Gibbons and Rawan Hussein, and Trainee Juron Tucker.
Sixth Street Insurance is a premier strategic partner to leading insurers, advising on more than $125 billion of insurance company assets and making direct investments through a highly flexible global platform. Leveraging an extensive presence across North America and Europe, Sixth Street Insurance combines long-term capital with specialist asset liability management expertise to deliver bespoke balance sheet solutions for life and P&C insurers.
The transaction is expected to close by the end of 2026 and is subject to regulatory approvals and other customary closing conditions.