The transaction was part of Hub International’s liquid private placement program 

Davis Polk advised the placement agents in connection with a private placement of approximately $1.6 billion of common equity in Hub International Limited. The transaction was part of Hub International’s liquid private placement program.

Hub International is a leading full-service global insurance broker and financial services firm providing risk management, insurance, employee benefits, retirement and wealth management products and services. With more than 19,000 employees in offices located throughout North America, Hub’s vast network of specialists brings clarity to a changing world with tailored solutions and unrelenting advocacy, so clients are ready for tomorrow.

The Davis Polk capital markets team included partners Alan F. Denenberg and Byron B. Rooney, counsel Tierney O’Rourke and associate Jared Madnick. Members of the Davis Polk team are based in the New York and Northern California offices.