Blue Vista Capital Management announced as part of the recently completed acquisition of Allied World Assurance Co. Holdings, AG by Fairfax Financial Holdings, Allied Word will continue to be run as an independent subsidiary, with Fairfax and affiliates thereof assuming Allied World’s interest in Blue Vista.
Blue Vista entered into a strategic partnership with Allied World in October 2014 through Allied World’s subsidiary, Allied World Financial Services (AWFS), which invests in businesses intended to complement and diversify revenue streams. At the time, AWFS acquired a minority stake and shareholder rights in the firm, and became a capital partner with the goal of participating in the expansion of Blue Vista’s business. Since 2014, Blue Vista and Allied World have successfully put $225 million in equity to work across Blue Vista’s real estate investment strategies. In addition, Fairfax has committed to investing an additional $150 million to Blue Vista’s strategies in 2018-2019, bringing the total equity commitments of Fairfax and Allied world to the partnership to $415 million.
