Integral ILS gets new commitments from PSP & New Holland, reaches $1.4bn

Integral ILS Ltd., the insurance-linked securities (ILS) investment fund manager launched by well-known industry executives Richard Lowther and Lixin Zeng, has taken its assets under management higher with recent fundraising, lifting investor commitments to just over $1.4 billion and capital deployed to $1.1 billion.Central to the increase in ILS assets under management (AuM) for Integral ILS are new commitments from two cornerstone investors, Canadian pension giant the Public Sector Pension Investment Board (PSP Investments) and alternatives allocator New Holland Capital.In addition, Integral ILS said that it has also received several new commitments from other institutional investors, on top of the increased allocations from these two cornerstone allocators to its ILS strategies.Canada’s after its launch, while an allocation from New Holland Capital followed a few months later.

Integral ILS has established a platform where it works closely with origination partners to secure risk for its strategies, across both insurance and reinsurance segments of the market.The investment manager has strategic partnership ties to global insurance distributor and servicer AmWINS, as well as to global reinsurance firm TransRe.A recent development for the ILS investment manager was , for which Core Specialty acts as the policy issuer.

Integral Co-Founder and Managing Partner Richard Lowther commented on the traction achieved, “Our AUM growth is a testament to the demand we’ve seen among sophisticated institutional investors to add catastrophic risk to their portfolios, especially those looking for alternatives to fixed income and credit strategies.” Integral Co-Founder and CIO Lixin Zeng also said, “We have long believed that institutional investors with long-term time horizons have a structural advantage when it comes to holding catastrophic risk exposures, and we’re pleased to see continued investor interest in our bespoke strategy.” Scott Radke, CEO of New Holland Capital, added, “Integral has an exciting market opportunity, as current pricing in the market has reignited interest from institutional investors that have historically avoided catastrophe risk assets.We’re enthusiastic about their specialized, investor-friendly approach to the market, and we look forward to our ongoing partnership with the Integral team as they continue to scale.” Of the $1.1 billion in ILS capital already deployed, we understand that only a very small percentage is currently trapped, as Integral ILS has a strategic focus on mitigating the effects of trapped capital for its investors.The additional subscriptions made, that take AuM to just north of $1.4 billion, are expected to be deployed through the mid-year renewals of 2022.

View information on many dedicated ILS fund managers, including Integral ILS, as well as reinsurers offering ILS style investment opportunities in our .———————————————————————.All of our Artemis Live insurance-linked securities (ILS), catastrophe bonds and reinsurance can be accessed online.Our can be subscribed to using the typical podcast services providers, including Apple, Google, Spotify and more.


Health Insurance USA
Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by Health Insurance USA.
Publisher: Artemis