James River Group Holdings, Ltd. — Director's Dealing 2014

Dec 11, 2014

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: James River Group Holdings, Ltd. (JRVR)
CIK: 0001620459
Period of Report: 2014-12-11

Reporting Person: GOLDMAN SACHS GROUP INC (10% Owner)
Reporting Person: JRVR Investors Offshore LP (10% Owner)
Reporting Person: GS JRVR Offshore Advisors, Inc. (10% Owner)
Reporting Person: GS INVESTMENT STRATEGIES, LLC (10% Owner)
Reporting Person: GSAM GEN-PAR, L.L.C. (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	7500000	Indirect

Footnotes

F1: This statement is being filed by The Goldman Sachs Group, Inc. ("GS Group"), JRVR Investors Offshore LP ("JRVR LP"), GS JRVR Offshore Advisors, Inc. ("GS JRVR Inc."), GS Investment Strategies, LLC ("GSIS") and GSAM Gen-Par, L.L.C. ("GSAM Gen-Par" and, together with GS Group, JRVR LP, GS JRVR Inc. and GSIS, the "Reporting Persons").

F2: GS Group beneficially owns directly 5,480,402 common shares, par value $0.0002 per share, of James River Group Holdings, Ltd. (the "Common Shares"). GS Group may be deemed to beneficially own indirectly 2,019,598 Common Shares beneficially owned directly by JRVR LP because affiliates of GS Group are the general partner, the sole director of the general partner or the investment manager of JRVR LP.

F3: JRVR LP beneficially owns directly 2,019,598 Common Shares, which may be deemed to be beneficially owned indirectly by GS JVR Inc., JRVR LP's general partner, GSAM Gen-Par, the sole director of GS JRVR Inc., and GSIS, the investment manager of JRVR LP.

F4: The Reporting Persons disclaim beneficial ownership of the securities reported herein except to the extent of their pecuniary interest therein, if any.