Birketts LLP has advised specialist investor B.P. Marsh & Company Limited on its £2m secured loan facility and equity investment into Ventura Risk Partners, an insurance broker that places energy risks into the Lloyd’s and wider London insurance markets.
The Birketts team advising B.P. Marsh was led by Salim Somjee, Partner in the corporate team, supported by Harry Close (Corporate) and Jessica Caws (Co‑Head of Financial Services).
Commenting on the deal, Abigail Benson, Investment Director at B.P. Marsh said: “We are pleased to support Ventura Risk Partners at this early stage in its development. The team has established a compelling proposition in the energy insurance market, and we believe the business is well placed to build strong and sustainable growth. Throughout the transaction, Birketts provided thoughtful and pragmatic guidance, helping us navigate the process efficiently. We look forward to working closely with Ventura Risk Partners as it progresses its plans.”
Salim Somjee, Partner at Birketts, added: “Advising B.P. Marsh on its investments is a rewarding experience given its commitment to backing businesses in the insurance sector, and we look forward to seeing the progress that this backing will help facilitate.”