Stephen Catlin will take senior role at new company if XL Group deal succeeds

 

If the deal with XL Group goes through, Catlin boss Stephen Catlin will take on the role of executive deputy chairman at the new combined firm.

 

Catlin built his  namesake business up from the two-person Lloyd’s syndicate he established in 1984, into a London-listed business with 55 offices in 21 different countries. He was born in Hampshire and now lives in Bermuda where his company is  based, and was chairman of the Lloyd’s Market Association from 2000 until 2003.

 

 

1 Dublin-born Hillery was appointed co-head of JP Morgan's UK investment banking business in 2013. He has acted for a wide range of financial services groups, principally on M&A and equity capital markets transactions.

 

2 On this deal, Hillery is joined by his JP Morgan colleagues Mike Collar, managing director in the UK and Ireland financial institutions group, and Bob Thomson, who works in the insurance sector. Bankers from Evercore are also advising on the deal.

 

3 Recent deals Hillery has led include the £1bn leveraged buyout of the RAC by Carlyle, and he was joint global co-ordinator of RSA’s £773m rights issue earlier this year.