White Mountains Completes $125 Million Strategic Investment in Bishop Street

Cravath Swaine & Moore LLP represented White Mountains Insurance Group, Ltd. in connection with its investment in Bishop Street Underwriters, a RedBird Capital Partners portfolio company. On February 26, 2026, Bishop Street Underwriters announced it had completed a strategic structured capital investment of $125 million by White Mountains Insurance Group, Ltd. The investment was described as a structured capital transaction between White Mountains and Bishop Street. Cravath Swaine & Moore LLP represented White Mountains Insurance Group, Ltd. with a team composed by: partners Peter Feist, Tatiana Lapushchik and Adam M. Sanchez and associates Obianuju A. Enworom and Paul Friedrich (combined M&A and finance team); partner Philip Stopford and associates Harry Poland and Rian Dhillon (U.K. financing matters); partner C. Daniel Haaren (capital markets matters); and partner Christopher K. Fargo and associate Megan Samayoa (tax matters).

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White Mountains Completes $125 Million Strategic Investment in Bishop Street

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White Mountains Completes $125 Million Strategic Investment in Bishop Street

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