AlphaCat Managers, the investment advisory arm for Bermudian reinsurer Validus, has raised an additional $404.4mn of third-party capital for investment in a new sidecar and, for the first time, insurance-linked securities (ILS).
AlphaCat Managers, the investment advisory arm for Bermudian reinsurer Validus, has raised an additional $404.4mn of third-party capital for investment in a new sidecar and, for the first time, insurance-linked securities (ILS).