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ILS managers

  • Leading ILS fund manager Nephila Capital has extended its barrier on new investment after it is understood to have raised more than $500mn since it initially closed two of its funds earlier this year.
  • Scor Global Investments has raised $50mn for its Atropos ILS fund in the first third-party mandates to be awarded to the manager.
  • Swiss investment manager Twelve Capital is set to take over managing Falcon Private Bank's ILS funds, bringing its total assets under management (AuM) close to $2bn.
  • Private equity heavyweight Apollo has been examining the ILS sector closely but questions whether now is the right time to move into the market, according to sources.
  • Swiss investment manager Twelve Capital has announced it will assume the investment management of Falcon Private Bank's ILS business, taking its total assets under management (AuM) close to $2bn
  • London-based ILS fund manager Leadenhall Capital has won a mandate from the New Zealand Superannuation Fund to construct and manage a $275mn ILS portfolio
  • Dexion Capital's closed-ended ILS fund DCG Iris has raised £9.3mn from its third share placement to reach a total size of £60.28mn
  • Dutch pension fund giant PGGM has granted two new ILS mandates, taking its total allocation to the sector above 1 percent of the fund's EUR133bn total assets under management (AuM), Trading Risk understands.
  • Switzerland-based ILS fund manager Secquaero Advisors has announced plans to launch a new non-life only fund with new management partner Schroders.
  • Mt Logan Re plans to deploy capital in the mid-year renewals, the vehicle's CEO Rick Pagnani told Trading Risk.
  • UK-listed asset manager Schroders has bought a 30 percent stake in ILS fund manager Secquaero Advisors, the company announced today.
  • Specialist ILS fund managers are coming under increased fee pressure from institutional investors, despite increased inflows into the sector, Trading Risk has found