Bernews / News

‘Threatening Telephone Call’ Made To Westgate

Westgate Correctional Facility received a “threatening telephone call” yesterday [June 4] relating to the “safety of staff at the facility.” A Government spokesperson said, “The Ministry of Justice can confirm that a threatening telephone call was received earlier in the day on Thursday, 4 June at the Westgate Correctional Facility. “The threat relates to the …
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Bernews / Business

Vantage Acquired By Howard Hughes Holdings

“Vantage Group Holdings Ltd. announced that it has been “successfully acquired” by Howard Hughes Holdings Inc. [HHH]. A spokesperson said, “The all-cash transaction, valued at approximately $2.1 billion, closed following receipt of all required regulatory approvals. With the closing complete, Vantage anchors Howard Hughes’ transformation into a diversified holding company. “Founded in 2020, Vantage has …
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Bernews / Business

Wilson Joins Cedar Trace Capital Management

Cedar Trace announced the appointment of Chris Wilson as Managing Director of Cedar Trace Capital Management, further strengthening the firm’s leadership team as it continues to expand its insurance-linked securities [ILS] and investment management platform. A spokesperson said, “Based in Bermuda, Wilson will support key ILS operational functions while supporting underwriting, investor relations, fund-raising, and …
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Bernews / Business

Fidelis Launches New PVT Consortium

The Fidelis Partnership [TFP] announced the launch of the TFP PVT Consortium, which “brings together leading Lloyd’s syndicates to deploy meaningful new capacity into the War, Terror and Political Violence [WTPV] market at a time of heightened global demand and significant market dislocation resulting from the Middle East conflict.” A spokesperson said, “The Consortium, placed …
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