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  • People

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

Paul Knowles of Marsh
Paul Knowles, Global head of private equity and M&A at Marsh
  • Wahida Ahmed
  • 30 November 2022
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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.

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