Aquiline Capital Partners Closes Initial Private Equity Fund with Total Capital Commitments of $1.1 Billion

New York, March 12, 2007 - Aquiline Capital Partners LLC, a New York based private equity firm investing in financial services (“Aquiline”), today announced the final closing of its initial fund, the Aquiline Financial Services Fund L.P., with $1.1 billion in total capital commitments.

Aquiline Financial Services Fund L.P. will be invested in a wide range of companies in the financial services sector throughout the world.

“We are very pleased to have closed our initial fund,” said Jeffrey Greenberg, Managing Principal of Aquiline. “The reception by leading investors is gratifying recognition for Aquiline’s senior investment professionals and is an endorsement of our approach to investing in the financial services sector and an appreciation for the strong start we have made.”

About Aquiline Capital Partners LLC

Aquiline is a private equity firm based in New York investing in financial services enterprises in industries such as property and casualty insurance, specialty finance, securities, asset management, life insurance, and transaction processing. Aquiline seeks to add value to its portfolio companies through strategic, operational, and financial guidance.