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Ambac Financial Group
Ambac Financial Group was established in 1991 as a holding company. Claude LeBlanc serves as its President and CEO. The firm focuses on financial guarantee...
Ambac Financial Group
Ambac Financial Group was established in 1991 as a holding company. Claude LeBlanc serves as its President and CEO. The firm focuses on financial guarantee activities through Ambac Assurance Corporation. Its portfolio includes guarantees on public finance and structured obligations. Oaktree Capital Management agreed to acquire the legacy financial guarantee businesses of Ambac Assurance Corporation and Ambac UK for $420 million. Bain Capital Credit participates alongside the firm in Beat Capital Partners. The company maintains offices at One World Trade Center and One State Street Plaza in New York. It holds additional real estate assets and NOL carry-forwards in the United States. R. Sharon Smith serves as Senior Managing Director and Chief of Staff. Ambac maintains a support relationship with Self Help Africa through board participation by R. Sharon Smith. The structure centers on runoff of legacy guarantee exposures rather than new origination platforms.
General information
Firm type
Insurance
Year founded
1991
AUM
Undisclosed
Location
Region
Europe
Country
United Kingdom
City
New York
Corporate office
London, United Kingdom
Principals
Claude LeBlanc
President and CEO
R. Sharon Smith
Senior Managing Director and Chief of Staff
Sector focus
Frequently asked questions
Who runs investment decisions at Ambac Financial Group?
Claude LeBlanc serves as President and CEO. R. Sharon Smith holds the role of Senior Managing Director and Chief of Staff.
What is Ambac Financial Group's primary business activity?
The firm issues financial guarantees on public and structured finance obligations through its subsidiary Ambac Assurance Corporation.
Has Ambac Financial Group entered any recent transactions?
Oaktree Capital Management agreed to acquire Ambac's legacy financial guarantee businesses for $420 million.
Where does Ambac Financial Group maintain offices?
Headquarters operations are in London. Additional offices are located at One World Trade Center and One State Street Plaza in New York.
Does Ambac Financial Group maintain philanthropic ties?
R. Sharon Smith serves on the board of Self Help Africa, which receives support from the firm.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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