CHARTWELL

Investment Date: March 1992

Chartwell was a medium-sized, broker-market reinsurance company.

In March 1992, Wand led an investor group that included IFINT, Brinson Partners, Caanan Partners, and the State of Michigan.

Chartwell integrated several acquisitions and became a public company in 1995 through a merger with Piedmoint Management Company Inc., a small, public reinsurer.

Wand sold a portion of its holdings and liquidated the balance of its investment after Chartwell’s merger into Trenwick in 1999.