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Cantor Equity Partners, Inc. shares rise 4.06% intraday after Ryan Specialty launches new collateralized reinsurance vehicle.
ByAinvest
Friday, Sep 5, 2025 2:09 pm ET1min read
Cantor Equity Partners, Inc. rose 4.06% in intraday trading, with Ryan Specialty (NYSE: RYAN) announcing the formation of a new collateralized reinsurance vehicle, Ryan Alternative Capital Re, Ltd. ('RAC Re'), which will deliver additional capacity to Ryan Specialty Underwriting Managers’ ('RSUM') portfolio of syndicated delegated authority P&C insurance business. RAC Re raised approximately $400 million in committed capital from funds managed by Flexpoint Ford, LLC.
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