Sunday, 21 September 2014
Last updated 1 day ago
Apr 16 2012 | 7:37am ET
London-based asset manager Northill Capital will acquire a majority interest in Securis Investment Partners, an insurance-linked securities specialist, also based in London.
Northill will acquire its majority stake by buying out external partners Swiss Re and Stone Point Capital.
Securis was established in 2005 by two alumni of Morgan Stanley’s insurance team, Rob Procter and Espen Nordhus. The firm manages over $1 billion in ILS across various life and non-kife asset classes, further diversified by “type of peril” and geography. Since inception, Securis’ flagship Securis I fund has achieved “excellent returns,” according to a Northill press release.
Northill partners Jon Little and Rick Potter will join the Securis board. Rob Procter and Espen Nordhus remain as co-managing partners.
Northill was founded in 2010 by Little with financial backing from the Bertarelli family and assistance from founding partners Jeremy Bassil and Rick Potter. The business intends to provide equity and seed capital to a small number of high quality start-ups or early stage managers and to provide equity capital to replace existing shareholders in larger more established asset managers.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
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