Twelve Capital, an investment manager focusing on insurance related investment opportunities, has completed its spin-off from alternative investments manager Horizon21.
Headquartered in Zurich, Switzerland, Twelve has an investment team of seven insurance industry experts providing investment management and advisory services to investors through investment funds and bespoke mandates.
Twelve specialises in insurance-related investment opportunities such as insurance-linked securities and insurance debt investment strategies.
The insurance-linked securities market has grown significantly in size over the past years with a large number of bonds issued and active trading in the secondary markets. In addition, there is a large market for private reinsurance transactions, which so far has remained relatively untapped.
Urs Ramseier, managing partner of Twelve, says: “There is high demand for investments such as insurance-linked securities given their diversifying characteristics and fixed income investments in hybrid insurance debt. However, these interesting investment opportunities require specific insurance insight and it is this dedicated knowledge that will be provided by our team. We are thrilled to have the opportunity to continue to service our clients through this dedicated team going forward.”
Twelve was founded in July 2010 and is privately owned by its founders and partners. A minority shareholder of the company will be XS Investments, which will manage the distribution of products and services of Twelve.