Sun, Feb 25, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Asset backed reinsurance gains traction with hedge fund managers, investors

Thursday, April 24, 2014

Bailey McCann, Opalesque New York:

When it comes to hedge fund managers taking a look at new structures, hedged mutual funds seem to be getting the most column inches (and now regulator scrutiny), however, asset backed reinsurance is gaining traction with several blue-chip hedge fund names and investors. Essentially, asset backed reinsurance is another item on the growing list of liquid alternatives. Daniel Lobe, David Einhorn, and other veteran hedge fund managers have all successfully launched publicly traded reinsurers providing permanent capital for their firm.

The bulk of these reinsurance companies focus on basic policies like workers compensation. Others take on more specialized niches, Till Capital, which is launching on the TSX and TVX is a reinsurance company focused on the resources sector. Till, is affiliated with America's Bouillon which recently acquired Resource Holdings and its subsidiary Resource Re, a reinsurance company focused on the resources sector along with the securities portfolio of Kudu Partners LP (Kudu), a private hedge fund founded and managed by William (Bill) A. Lupien. America's Bouillon will be involved in the reinsurance business while still pursuing investments in the resources sector.

Last week, Crown Global Insurance announced a life insurance variation. Crown Global Insurance secured new......................

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. Opalesque Exclusive: Global Sigma captures February's long-vol trade[more]

    Bailey McCann, Opalesque New York for New Managers: Florida-based Global Sigma rode February's volatility to new highs. The firm's AGSF strategy is up +2.8 percent through February 16 and +4.2 percent YTD a

  2. Art & Motion launches collectible car alternative investment vehicle[more]

    Komfie Manalo, Opalesque Asia: Luxembourg-based Art & Motion has launched a new investment vehicle dedicated to vintage cars and exceptional high-quality vehicles as this collectible market has grown exponentially the turn of the centu

  3. Investing - Hedge funds turn short on tech just as stock rally takes off, After biggest short, speculators slash bearish US bond bets as supply deluge looms[more]

    Hedge funds turn short on tech just as stock rally takes off From Newsmax.com: A key group of investors has just missed out on the biggest tech-stock rally since 2014. Hedge funds and other large speculators turned net short on Nasdaq 100 Index futures for the first time in 21 months, ac

  4. Low volatility funds fail to protect investors[more]

    From FT.com: A number of exchange traded funds (ETFs) designed to protect investors from sharp stock market gyrations lost more money than mainstream US stocks during a sell-off this month, underperforming in precisely the conditions in which they were meant to thrive. Low volatility ETFs, lau

  5. Legal - Hedge funds fight to save M&A arbitrage strategy, Fannie Mae and Freddie Mac ruling blow to hedge funds[more]

    Hedge funds fight to save M&A arbitrage strategy From FT.com: Hedge funds which use the US courts to wring higher prices for merger and acquisition deals are fighting to save the lucrative investment strategy, after a Delaware court ruling that threatens to shut it down. Verition Partner