Essent Guaranty, which wrote its first mortgage insurance policy in the second quarter, said it has lined up $100 million of fresh capital, bringing its total equity commitments to $600 million.
The Radnor, Pa., mortgage insurer declined to identify its new investors, though a spokeswoman for the company said some of the initial investors—a group that included Pine Brook Road Partners, Goldman Sachs & Co., JPMorgan Chase & Co., PartnerRe and RenaissanceRe Ventures Ltd.—made commitments to the second capital infusion.
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