Tangency takes on cat bond sub-advisor role for new Ambassador fund
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Tangency takes on cat bond sub-advisor role for new Ambassador fund

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Tangency Capital will be the ILS sub-advisor behind a new listed mutual fund that is aiming to raise capital to invest primarily in cat bonds, according to SEC filings.

The Ambassador Fund has been registered through what appears to be a mutual fund start-up platform, Investment Managers Series Trust II, with Embassy Asset Management named as its investment advisor.

The

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