Essent US Holdings

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New Capital for New Private Mortgage Insurer

May 27, 2009By

Essent US Holdings secured $500m in equity funding from a group of investors including Pine Brook Road Partners, Partner Re, Renaissance Re, Goldman Sachs [stock GS][/stock] and JP Morgan Chase [stock JPM][/stock]. The capital will allow Essent Guaranty, a Pennsylvania-based monoline, to offer private mortgage insurance on residential US property.

3d rendering of a row of luxury townhouses along a street

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