Debevoise Advises Oaktree and Velocity Risk in the $525 Million Sale of Velocity Risk to Ryan Specialty and Sale of Velocity Specialty Insurance Company to FM
January 08, 2025
January 08, 2025
NEW YORK, Jan. 8 -- Debevoise and Plimpton, a law firm, issued the following news:
Debevoise & Plimpton LLP is advising Oaktree Capital Management and Velocity Risk Underwriters in the $525 Million sale of Velocity Risk to Ryan Specialty (NYSE: RYAN) from funds managed by Oaktree. For more information, please see the company's press release. As a component of this transaction, Velocity's wholly owned E&S carrier, Velocity Specialty Insurance Company, will be acquir . . .
Debevoise & Plimpton LLP is advising Oaktree Capital Management and Velocity Risk Underwriters in the $525 Million sale of Velocity Risk to Ryan Specialty (NYSE: RYAN) from funds managed by Oaktree. For more information, please see the company's press release. As a component of this transaction, Velocity's wholly owned E&S carrier, Velocity Specialty Insurance Company, will be acquir . . .