
Marsh Specialty appoints new global head of PE and M&A

Insurance broker and risk adviser Marsh has appointed Paul Knowles as its global head of private equity and M&A (PEMA) practice.
Effective 1 January 2023, the promotion will see Knowles lead a global team of specialists to provide services and solutions for private capital and infrastructure investors, as well as strategic buyers, according to a press release. The PEMA practice support clients throughout the investment cycle including domestic and cross-border transactions on the buy and sell side. It also helps clients enhance risk and insurance strategies, according to a press release.
Currently the Head of Marsh Specialty, Continental Europe, he will relocate from London to New York in Q2 2023.
Knowles joined Marsh via the firm’s acquisition of insurance broker JLT, where he was CEO of JLT Specialty UK & Europe since 2015. He joined JLT in 1996 and in 2006 became the leader of its Construction & Real Estate Practice.
Knowles said in the press release: “the global economic turbulence has created uncertainty and an increasingly complex risk landscape for both buyers and sellers of assets and made it an even more critical time to focus on portfolio performance.” As a result, clients of the firm will require integrated solutions including improved deal execution and reducing pre- and post-transaction uncertainties.
Recent deals Marsh has been involved in include advising Cerea Partners on its acquisition of Ethics & Health Group earlier this month.
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater