Zurich based Insurance Linked Securities specialist Solidum Partners will assume the asset management of the CAT bond funds of Falcon Fund Management from 1st of August 2019. The current portfolios include the Insurance Linked Strategy and Insurance Opportunities funds. Further product launches are intended under the collaboration.
“The CAT bond market is growing dynamically. At the same time, the last two years imposed some challenges on the asset class. In this context we are delighted that we can bring our long standing experience of managing insurance linked securities to the collaboration with Falcon Fund Management”, says Karsten Bromann, Managing Partner of Solidum Partners
“Assuming the asset management role for the Falcon UCITS CAT bond funds for institutional investors constitutes an important next step in the development of Solidum Partners. The Solidum and Falcon products in the ILS sector complement each other ideally in order to provide investors the choice of a fitting investment solution”, states Stefan Müller, CEO of Solidum Partners.
Solidum Partners, regulated by the Swiss Financial Market Supervisory Authority FINMA, is an investment management firm with exclusive specialisation on insurance linked securities. With stable management team since being founded in 2004, the management-owned firm sports the longest team track record in Continental Europe for this asset class. Acting repeatedly as an innovation leader in the ILS area, Solidum structured the first ‘Cat Bond Lite’ as a full securitisation in 2010 and implemented the ILSBlockchain, on which, since the first digitalization ever of a note on a private blockchain in 2017, more than 20 securities representing more than USD 50 Mio. have been issued.
For further information please contact:
Solidum Partners AG - Karsten Bromann - Tel. +41 43 521 2182 - karsten.bromann@solidumpartners