Thu, Apr 24, 2014
A A A
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

amb
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

Banner
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. …And Finally – Flight attendant has passengers rolling in aisle[more]

    From Orange.co.uk: A video of a US flight attendant turning her safety talk into a comedy routine is proving a huge hit online. More than five million people have watched the clip of Marty Cobb which has her passengers rolling with laughter on a Southwest Airlines flight to Salt Lake City.

  2. Niche Investing – Wealthy investors flock to fine art funds[more]

    From Clickorlando.com: Wealthy investors looking to diversify beyond stocks and bonds are now turning to an unusual money-making vehicle -- the art investment fund. The name says it all: These funds invest in fine art and seek returns by acquiring and selling high-end pieces for profit. Growth

  3. Opalesque Exclusive: Rainwater and Blue Sky - an Australian water fund emerges[more]

    Bailey McCann, Opalesque New York: Financial reporters often tout new funds and investments as uncorrelated investments, but few can say they are uncorrelated to everything but weather. Enter Blue Sky Alternative's water fund which invests in the permanent rights to Australia's water. Sev

  4. University of Michigan allocates $242m to six managers[more]

    From PIonline.com: University of Michigan, Ann Arbor, invested or committed a total of $242 million to one traditional equity manager and five alternative investment funds from its $9 billion endowment. University regents approved the hire of Mittleman Investment Management to run $35 million in act

  5. Performance – Odey flagship hedge fund suffers brutal March as shorts rise, Blackstone first-quarter profit rises 30% on higher fees[more]

    Odey flagship hedge fund suffers brutal March as shorts rise From Valuewalk.com: The tide has turned for the worse for one of Europe’s best performing hedge funds. Crispin Odey’s flagship hedge fund, Odey European has suffered a 4.63% decline for the year after slipping 7.2% in March, ac