|
|||||||||||||
PORTFOLIO | FINANCIAL
SERVICES PRACTICE |
||||
|
LIFE PARTNERS Investment Date: April 1990 Life Partners Group was a life insurance holding company that was ultimately acquired by Conseco. Wand assisted Hicks Muse in pursuing the possible acquisition of ICH, a troubled, publicly-owned insurance business. Wand provided expertise in insurance and the equity capital to launch discussions with ICH that led to the acquisition of certain major subsidiaries of ICH that became Life Partners Group. Hicks Muse and Wand co-sponsored the transaction. GE Capital and Conseco were co-investors. Life Partners Group
completed a successful IPO in March 1993 and was acquired by Conseco in
1996. |
||||
|
|||||
|
© 2007 Wand Partners Inc. All Rights Reserved | |||