UK - Buyout provider Paternoster will have the ability to write new business after shareholders agreed to inject £5m (US$8m) of new capital into the group.
Last Spring the company announced it had stopped accepting new business while there was continuing uncertainty about default risk in the credit markets. However, Paternoster said it would write ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
