< BACK TO SCREENER

777 Partners

bankrupt

Insurance / Multi-Strategy — 777 Partners (self-funded PE)

Deal Terms

Entry Year2015
Entry EV$2B
Entry Multiple8x
Leverage7x
Debt Amount$1.4B

Outcome

Exit Year2024

Risk Metrics

LTV (est.)70%
Debt / EV0.70x

Notes

Insurance-linked PE fund that owned 10+ soccer clubs, airlines (Bonza, bankrupt), and litigation finance. Sued by A-CAP for $500M+ fraud. SEC investigation. Soccer clubs seized by creditors. Co-founder Josh Wander accused of fabricating insurance reserves. Spectacular collapse.

Sponsor

Partners Group$185B AUM