Elementum Advisors, an alternative investment manager specialising in collateralised natural catastrophe event reinsurance investments, has launched a new mandate with a large institutional investor focused on collateralised reinsurance investments (CRI) with a higher risk and return profile.
Elementum Advisors, an alternative investment manager specialising in collateralised natural catastrophe event reinsurance investments, has launched a new mandate with a large institutional investor focused on collateralised reinsurance investments (CRI) with a higher risk and return profile.Leveraging Elementum’s established counterparty relationships, as well as its expansive structuring and modelling capabilities, the new mandate represents a higher risk and return profile while remaining steadfast to the core principles of its long-established investment approach.
“This new investment structure is an extension of our broader value proposition within the insurance-linked securities sector,” says Tony Rettino, Founding Partner and Senior Portfolio Manager at Elementum. “It enables us to provide capital across an even wider range of the risk and return spectrum and ultimately increase the capital we deploy to riskier tranches of investment opportunities.”
The launch of the new mandate comes as Elementum continues to expand its expertise in retrocessional reinsurance, such as with the hiring of Shabnam Ahmed in its Bermuda office in October 2020.
“We have been evaluating the market for some time to determine the most appropriate time for entry,” adds Paul Barker, Partner and Portfolio Manager at Elementum. “The current attractiveness of the investment environment in combination with the unique opportunities available in higher risk investments signalled that the time was right to pursue this strategy.”
