Sunday, 31 August 2014
Last updated 1 day ago
Sep 5 2013 | 11:04am ET
Multi-Strat Re, which helps hedge-fund-backed reinsurance companies enter the market, has a new leader.
Bob Forness was named chairman and CEO of the Bermuda special-purpose insurer. He joins the firm after stints at his own firm, alTreo, and reinsurers Imagine Group and Odyssey Re.
Multi-Strat runs a master reinsurer, underwriting on behalf of the hedge-fund reinsurers and allocating premiums to them to invest in the underlying hedge fund.
"We are thrilled that someone of Bob's caliber and experience has joined us in our quest to revolutionize both the asset-management and reinsurance industries," Multi-Strat Holdings CEO Joe Taussig said. "Bob and I go way back. I had a hand in his joining Imagine in 2002 and we were putting together a company similar to Greenlight Re with a world-class asset manager when the financial crisis of 2008 interrupted the project," he added, referring to hedge fund Greenlight Capital's reinsurance business.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...