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On Aug. 3, 2021, Kramer Levin client Waterfall Sentinel Fund announced that it has acquired a controlling interest in Newcleus LLC, a leading provider of employer-owned life insurance and annuity products (with a core focus on bank and credit union institutions), as well as employee benefit design and analysis, compensation consulting and investment strategies. The deal closed on Aug. 2, 2021.
Key contacts
David S. Berg
Partner, Head of Private Credit, US, New York
Eleni Zanias
Special Counsel, New York
Daniel A. Rabinowitz
Partner, New York
Barry Herzog
Partner, Head of Tax, US, New York
Marissa J. Holob
Partner, Head of Executive Compensation and Employee Benefits, US, New York
Avram J. Cahn
Special Counsel, New York
Robert N. Holtzman
Partner, New York
Kelly R. Schreiber
Associate, New York