# Ambac Financial Group

Ambac Financial Group is an Insurance based in New York, United Kingdom.

## Overview

- **Organization type:** Insurance
- **Headquarters:** New York, United Kingdom
- **Region:** Europe
- **Address:** London, United Kingdom
- **Founded:** 1991
- **Assets under management:** Undisclosed
- **Website:** ambac.com
- **LinkedIn:** https://www.linkedin.com/company/ambac

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Insurance

## People

- Claude LeBlanc — President and CEO
- R. Sharon Smith — Executive Vice President and Chief Strategy Officer

## 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.

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- [AMAVI Capital](https://altss.com/profile/amavi-capital)
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Last updated: 2026-06-28T22:09:33.894Z

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