Thu, Mar 22, 2018
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Gallery Capital set to launch first fund, which will invest in London insurance market

Friday, February 21, 2014

John Head IV
Benedicte Gravrand, Opalesque Geneva for New Managers:

Gallery Capital Management, an alternative investment manager based in Atlanta, GA and founded in 2012, is readying its first fund, which will launch later this month with $5m of the principal’s capital.

According to Gallery’s announcement, the fund employs a unique insurance strategy that allocates investor capital to several of approximately 90 specialty insurance syndicates at the Lloyd’s of London marketplace (the firm also has offices in London).

Lloyd's of London is a market where members join together as syndicates to insure risk. It has two parts: the market, which is made up of many independent businesses, and the Corporation of Lloyd’s, which is there to oversee that market. It has been the global capital of insurance for more than 300 years, and now has an Asia hub in Singapore.

"The objective of the fund is to provide near-direct access to the cash flows of the insurance contract," says Gallery announcement, "while also creating a diversified stream of investment returns that are uncorrelated with most major asset classes."

The firm’s CIO, ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. John Paulson, once the industry's largest hedge fund, to return some investors' money[more]

    Komfie Manalo, Opalesque Asia: John Paulson is reported to be retuning some of his investors' money as a number of his hedge funds continue to suffer setbacks, reports

  2. SEC charges Theranos CEO Holmes with fraud[more]

    Bailey McCann, Opalesque New York: The SEC has charged Elizabeth Holmes, founder and CEO of Theranos and its former President Ramesh "Sunny" Balwani with raising more than $700 million from investors through an elaborate, years-long fraud in which they exaggerated or made false statements about t

  3. Institutional Investors - Overdrawn pension fund scores gains[more]

    From Investments in big banks, pawn shops and rolling papers helped boost public safety workers' underfunded pensions this past calendar years, according to newly released figures. After recording middling returns in recent years, the Police & Fire Pension Fund (P&F) notched

  4. Hot hedge fund loses 21% after bet on volatility goes wrong[more]

    From In December, Shahraab Ahmad shared with his hedge fund clients the principle that helped him trounce peers for two turbulent decades: steer clear of the crowd. He'd turned $50 million into an operation with more than $700 million over three years and delivered market-beating retu

  5. Opalesque Exclusive: Northern Trust builds on blockchain-backed private equity solution[more]

    Bailey McCann, Opalesque New York: Private equity clients at Northern Trust can now carry out audits of private equity lifecycle events directly from the blockchain. Northern Trust, working with PwC and other audit firms in Guernsey, has added this feature to its existing solution set for private