Akin Gump Advises on $500 million Private Placement of S.A.C. Re

(New York) Akin Gump Strauss Hauer & Feld LLP served as legal counsel to S.A.C. Capital Advisors, L.P. in a $500 million private placement that helped launch S.A.C. Re, Ltd. S.A.C. Re is a Bermuda-based reinsurer whose founding investors include Steven A. Cohen and Capital Z. Partners III, L.P. It will target a combination of high margin property catastrophe and other property classes and low severity casualty reinsurance business.

Akin Gump partners Stuart E. Leblang and Jeffrey L. Kochian led the Akin Gump team that advised S.A.C. Capital.

Founded in 1945, Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 850 attorneys in offices throughout the United States, Europe, Asia and the Middle East.

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