Debevoise & Plimpton LLP is advising RL LP, a Bermuda limited partnership managed by an affiliate of Resolution Capital Management, in its sale of Lincoln Benefit Life Company (LBL) to Guaranty Income Life Insurance Company, an affiliate of Kuvare US Holdings.
Resolution is a specialist manager of in-force life insurance policies, acquiring 27 companies and investing $13.6 billion of capital over the past 16 years. LBL is a life insurance company based in Lincoln, Nebraska that services approximately 200,000 policyholders and is licensed in 49 states. Kuvare is a life insurance and annuity company focused on delivering value-oriented solutions to the middle-market.
The Debevoise team is led by corporate partners Nicholas F. Potter and David Grosgold and includes associates Morgan S. Aveni, AJ Farkas, Matthew B. Parelman, finance partner Sunil W. Savkar and associate Christine Shu Gilleland, tax partner Peter Furci and associate Adam M. Namm, benefits partner Jonathan F. Lewis and intellectual property counsel Judith L. Church and associate Alana S. Walker.
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