New York City-based alternative asset manager Courant Capital Management has secured an asset allocation from an affiliate of a Bermuda-based reinsurance and diversified investment firm.
The firm has also acquired a minority equity interest in Courant.
Courant, which was formed in 2009, is now offering its products to outside investors including its flagship US Large-Cap Equity Market Neutral Fund, which trades only in large-cap US equities.
The firm’s other offerings include the US Market Neutral Natural Resources Fund and the CCM US Market Neutral Consumer Businesses Fund.
