Dublin, Ireland. February 27 2018. Rubicon Infrastructure Advisors (“Rubicon”) (“the company”) announced today the sale of a minority equity interest in the ultimate parent company of Rubicon Infrastructure Advisors to a subsidiary of Assured Guaranty Ltd. (“Assured Guaranty”), a New York Stock Exchange listed (NYSE: AGO) provider of financial guaranty insurance with a market cap of approximately U.S. $4.5 billion.
Rubicon will continue to operate as an independent, full-service, investment banking firm dedicated solely to the global infrastructure and energy markets. The company, which maintains offices in Dublin, New York and Madrid, has advised on over 70 M&A and capital raising assignments worth in excess of U.S. $30 billion over the past five years and is ranked in the top 10 globally as financial advisor for infrastructure transactions. The company intends to continue its strategic expansion in core markets and sectors both through the opening of new offices in Sydney and Mexico City in 2018 and through strategic acquisitions, especially in the U.S. and European energy markets.
“Having such a sophisticated and experienced partner as Assured Guaranty will only help Rubicon to accelerate its strategy to expand into new markets, sectors and complementary product lines within the global infrastructure market”, said Conor Kelly, founding partner and CEO of Rubicon. “Rubicon’s relationship with Assured Guaranty will enhance not only our European operations, but also our U.S. business which continues to be a focal point for the firm’s growth. We intend to continue developing the U.S. operations by expanding Rubicon’s business lines and sector focus, with a particular view on acquiring complementary businesses. We appreciate the confidence Assured Guaranty’s investment shows in us, our business model and strategic objectives. We look forward to Assured Guaranty’s support as we continue building a premier global infrastructure investment bank”.
About Rubicon Infrastructure Advisors
Rubicon is a specialist investment banking firm focused solely on the global infrastructure and energy markets. The firm’s team of over 30 professionals comprises industry experts with extensive experience and who have advised or structured over €200 billion worth of infrastructure transactions across multiple sectors and jurisdictions. Rubicon is regulated by the Central Bank of Ireland, is a registered municipal advisor in the U.S., and also has a broker-dealer affiliate registered as a member of FINRA and SIPC in the U.S. More information can be found at www.rubiconinfra.com
About Assured Guaranty Ltd.
Assured Guaranty Ltd. a publicly traded Bermuda-based holding company whose operating subsidiaries provide credit enhancement products to the U.S. and international public finance, infrastructure and structured finance markets. More information on Assured Guaranty and its subsidiaries can be found at www.assuredguaranty.com
This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.