"Kirkland & Ellis Advises Onex Partners V on $7 Billion Sale of Convex Group Limited to Onex Corporation and AIG"

"Kirkland & Ellis advised Onex Partners V on the $7 billion sale of Convex Group Limited to Onex Corporation and AIG. The transaction highlights Onex Partners' successful history in property and casualty insurance investments and is expected to close in the first half of 2026, pending customary conditions."

Kirkland & Ellis advised Onex Partners V on the sale of Convex Group Limited to Onex Corporation and American International Group, Inc. (AIG). The transaction involved the sale of Convex for $7 billion, marking another successful investment by Onex Partners in the property & casualty insurance sector, particularly in founder-led businesses. The deal is expected to close in the first half of 2026, subject to customary closing conditions. The Kirkland & Ellis team included corporate lawyers Alvaro Membrillera, Adrian Duncan, David Feirstein, Rajab Abbassi, and Doug Bacon.

"Kirkland & Ellis Advises Onex Partners V on $7 Billion Sale of Convex Group Limited to Onex Corporation and AIG"

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