Articles from Advantage Capital Holdings, LLC

Advantage Capital Holdings, LLC (“A-CAP” or “the Company”) an insurance and financial services holding company with over $15 billion in assets, today announced the appointment of Kirk Cullimore as President of Sentinel Security Life Insurance Company, effective immediately. Cullimore brings more than fifteen years of experience in corporate governance, regulatory affairs, and complex financial transactions to the role.

Advantage Capital Holdings, LLC (“A-CAP” or “the Company”), a New York-based insurance and financial services company with over $16 billion in assets under management, and funds managed by Oaktree Capital Management, L.P. (“Oaktree”), a leader among global investment managers specializing in alternative investments, have signed a master transaction agreement in which Oaktree plans to acquire a controlling stake in Atlantic Coast Life Insurance Company (“ACL”) while concurrently providing capital support to Sentinel Security Life Insurance Company (“Sentinel”) via funding a surplus note investment into a newly created captive insurance company. All of the net proceeds from these transactions will be used to support the growth and long-term objectives of Sentinel and its policyholders.

Advantage Capital Holdings, LLC (“A-CAP” or “the Company”), a New York-based insurance and financial services company with over $16 billion in assets, today announced that one of its wholly owned subsidiaries has completed a strategic capital transaction with affiliates of BDT & MSD Partners, LLC (“BDT & MSD”). The investment is structured as a credit facility with features that provide flexibility to support the company’s growth and long-term objectives.

Advantage Capital Holdings, LLC (“A-CAP” or “The Company”), a New York-based insurance and financial services company with over $12 billion in assets, today announced the successful divestiture of Standard de Liège SA (“Standard Liège” or the “Club”), one of Belgium's most historic soccer clubs, and Immobilière du Standard de Liège SRL, the corporate entity that owns the Club's stadium, Maurice Dufrasne Stadium, to a consortium of buyers led by Standard Liège Chief Executive Officer Giacomo Angelini. This transaction marks the end of 777 Partners’ legacy involvement with the Club and sets the stage for the Club’s future growth and success, both on and off the field.