Loyens & Loeff advised the management of Voogd & Voogd, a Netherlands-based insurance broker and provider of insurance industry administrative services, on the disposal of a majority stake, from Bencis Buyout Fund IV GP B.V., a Netherlands-based fund of Bencis Capital Partners BV, a Netherlands-based private equity firm, and Mr. Erik de Voogd, a Netherlands-based private investor to Five Arrows Principal Investments, a France-based private equity business of Rothschild.