Introduction

Founded in 2020, Alcan Harbor is a disciplined private equity investor focused on acquisition of non-strategic assets owned by financial institutions and corporates. Our name was inspired by Alaska, its natural beauty and the highway “Alcan” that connects Alaska to United States through Canada. The name “AL-CAN” symbolizes strategic partnership between U.S and Canada.

Alcan Harbor has raised flexible committed capital from pension fund investors with a broad mandate that allows for investment in both operating companies and financial assets. Unlike traditional funds with limited flexibility on tenor and type of investments, Alcan has full flexibility to deliver a highly customized solution to its counterparties.

Alcan’s team has over 40+ years of combined experience in structuring and executing variety of transactions on behalf of large financial institutions. The senior team has combined experience executing transactions worth over $60 billion.

Legacy Asset Solutions

Solutions for Regulated Institutions
Alcan Harbor’s team has deep understanding of banking and insurance regulatory regimes across US, Europe, Bermuda and Cayman Islands. We leverage our experience to work collaboratively with sellers to structure exit solutions that provide sellers with risk transfer/true sale/deconsolidation benefits that would help them achieve finality. Alcan Harbor’s ability to work expeditiously and collaboratively differentiates its offering in the market when compared to other acquisition partners.

Solutions for Public Companies
Stock performance can be severely impaired from legacy risk inherited by the current management overseeing the book of business. Executing a risk transfer/sale transaction with Alcan Harbor may help unlock value for public companies faced with such dilemma. Working with a seasoned partner with experience, knowledge, capital and capabilities can help sellers expedite these transactions.

Transaction Parameters

Our primary business focus is to provide capital relief and risk reduction solutions to insurers, banks and corporates. We can deliver these solutions in various formats which include equity investment, insurance/reinsurance transaction or via legal agreement. In addition to acquiring legacy assets, we unlock value of our legacy assets by investing in high growth fee-based origination business that can drive incremental growth for these legacy acquisitions.

We are actively seeking transactions in:

  • Legacy life insurance, annuity, long-term disability and long-term care books owned by insurers and reinsurers
  • Non-performing assets owned by insurers, reinsurers and banks
  • Acquisition of corporate entities with underfunded single employer/multi-employer pension plans
  • Investment in life & annuity IMO’s & BGA’s

Transaction Size
Minimum Size: USD $25 million
Average Size: USD $200 million

Our Capabilities

Regulated balance sheets of insurers and banks rely heavily on optimizing RWA and RBC. Our team has combined 40+ years of experience delivering RWA and RBC solutions to banks and insurers. These solutions are often bespoke and heavily structured to optimize regulatory capital, accounting, tax treatments and risk transfer rules. Our team has experience delivering these solutions using various financial tools including equity, debt, insurance, reinsurance and derivatives.

In addition, Alcan Harbor’s team has deep understanding and investment appetite for high growth segments within banking and insurance industries which include IMO/BGA’s, InsurTech and select specialty finance businesses.

Contact Us

Alcan Re Holdings LLC

1 Hewitt Square # 166
East Northport, NY 11731