Tuesday, 30 June 2015
Last updated 8 hours ago
Oct 3 2012 | 1:00pm ET
As hedge funds race into the reinsurance industry, one firm is offering a helping hand.
Taussig Capital plans to create a platform to help hedge funds launch reinsurance arms. Such vehicles offer hedge funds an ever-growing base of permanent capital, CEO Joe Taussig told Opalesque.
Hedge funds are especially adept at running reinsurers due to their risk-management expertise. But the barriers to entry are high, beginning with the fact that "you can't have a small reinsurer," Taussig said.
The Multi-Strat Re platform will seek to help hedge funds clear those hurdles.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…