life settlements

Obra Capital, an alternative investment manager with strategies focused on insurance and reinsurance, has entered into a new strategic partnership with another investor with insurance-linked experience, as Aquarian Holdings has bought a minority equity ownership stake in the firm.

The latest vintage of the life and annuity focused reinsurance sidecar structure launched by Athene Holding Ltd., the life and retirement reinsurance company majority owned by investor and private equity specialist Apollo Global, has received its ratings and we understand the investor commitments to it are expected to roughly double.

Athene Holding Ltd., the life and retirement reinsurance company majority owned by investor and private equity specialist Apollo Global, now has access to more than $7 billion of deployable capital to purse “attractive growth opportunities” following the first close of the Apollo / Athene Dedicated Investment Program II with around $2 billion in capital commitments.

The New Zealand Superannuation Fund (NZ Super Fund), one of the government pension investment providers, has once again grown its investments linked to insurance and reinsurance over the past year, with an increase in allocation evident across all of the strategies it invests in.

Alternatives and re/insurance focused investment firm Vida Capital has been rebranded as Obra Capital and has added a new strategy of relevance to our readers, called Insurance Special Situations investing and it includes a specialty reinsurance focus.

A new life settlement investment platform, Fifth Season Investments LLC, has been launched with the backing of $132 billion alternative asset manager Blue Owl Capital.

Investor and private equity specialist Apollo Global Management and its life and retirement reinsurance company Athene expect the Athene Co-Invest Reinsurance Affiliate (ACRA) third-party capitalised sidecar vehicle could drive around $60 billion of premium float, from its initial capital pool of $3.2 billion.

Vida Capital, Inc., the alternative investment manager with a life settlement and insurance-linked securities (ILS) focus, has announced the hiring of Zachary Ainsberg, who joins the firm as Managing Director, Chief of Staff.

The New Zealand Superannuation Fund (NZ Super Fund), one of the government pension investment providers, has added to its insurance and reinsurance linked investments again in the last year, with a doubling of its allocation to investment manager Elementum Advisors, seemingly all in catastrophe bonds.

Vida Capital, Inc., the alternative investment manager with a life settlement and insurance-linked securities (ILS) focus, has announced the appointment of a new President and CEO in Blair Wallace.