Aspen enters managed funds for ILS market
Aspen, the Bermudian (re)insurer, said that it has partnered with and invested $25m in Iris, a newly formed specialized investment fund focusing on insurance linked securities (ILS) and reinsurance globally.
Iris is sponsored and managed by affiliates of Cartesian Capital Group and has been capitalized with funds from Aspen, Cartesian affiliates and other investors.In addition to its capital
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