Walkers Acts for Onex in Relation to Convex Group’s $1 billion Fundraise

Walkers is pleased to have acted as Bermuda counsel to Onex Corporation and its affiliated funds (the “Onex Group”) in relation to its additional investment in Convex Group Limited (“Convex”). The Onex Group and a consortium of existing and new co-investors committed to invest $1 billion in Convex.

Convex is a specialty insurer and reinsurer based in Bermuda and London focused on complex risks that launched with $1.7 billion of committed capital in April of 2019, raised from the Convex management team, Onex Partners V, and a consortium of co-investors.

The Walkers team that advised on the further investment was led by Jonathan Betts (Partner) with assistance from Rachel Nightingale and Melanie Fullerton (Senior Associates).