Northill Acquires Majority In ILS Specialist Securis

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.


In Depth

High Time For A Cannabis Hedge Fund?

Sep 30 2014 | 7:07am ET

Launching a hedge fund is always a gamble, but Leslie Bocskor's decision to launch...

Lifestyle

Griffin Donates $1M To Rauner's Illinois Gov. Campaign

Sep 22 2014 | 9:29am ET

Hedge fund billionaire Kenneth Griffin definitely has a dog in this fight. The Citadel...

Guest Contributor

Appraisal Ratio Key To Evaluating Hedge Funds And Other New Investments

Sep 29 2014 | 3:07pm ET

As a former finance professor Peter Hecht experiences heartburn every time he hears...

 

Videos

Editor's Note

    Must Attend Hedge Fund Charity Events For October

    Sep 30 2014 | 9:29am ET

    The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…

 

Futures Magazine

September 2014 Cover

High frequency market making

High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.