Sidley Represents Ryan Specialty in the Launch of Its Flagship Sidecar

Sidley is representing Ryan Specialty (NYSE: RYAN), a leading international specialty insurance firm, in the formation of a new collateralized reinsurance vehicle, Ryan Alternative Capital Re, Ltd. (RAC Re), and execution of its flagship multi-class P&C sidecar that raised approximately US$400 million in committed capital, which will deliver additional capacity to Ryan Specialty Underwriting Managers’ (RSUM) portfolio of syndicated delegated authority P&C insurance business. RSUM is the delegated authority underwriting division within Ryan Specialty.

The Sidley team was led by Michael Pinsel (Insurance), and included John White, Joseph Gottlieb, Riley Arnold, and Jennifer Norris (Insurance); Peter Edgerton and Joel Lifshitz (Tax); and Blake Fillion (Investment Funds).