Location: London, England
Investment Year: 2002
Exited Year: 2006
Founded as a Lloyd’s investment vehicle in 1997, Cathedral Capital acquired a Lloyd’s managing agency in November 2000 and established Lloyd’s Syndicate 2010 the same year to underwrite for the 2001 year of account. Cathedral’s historic book was split between property treaty reinsurance and aviation reinsurance.
In 2006, a London-based private equity firm, alongside management, agreed to purchase Cathedral from its existing shareholders.