Twelve Capital gets strategic investment from Graubündner Kantonalbank

Twelve Capital gets strategic investment from Graubündner Kantonalbank

Twelve Capital Management, the Zurich-headquartered disaster bond, insurance-linked securities (ILS) and reinsurance linked mutual fund supervisor, is taking a tactical investment from one of Switzerlands cantonal banks, Graubündner Kantonalbank.Graubündner Kantonalbank has actually accepted obtain a 30% stake in the holding business of the professional insurance and reinsurance focused investment firm, Twelve Capital Holding AG.
Switzerland has 24 cantonal banks, serving the 26 cantons and Graubündner Kantonalbank with a history dating back to 1870 is one of the most developed.
Its a considerable stake and will provide Twelve Capital with financing stability along with a strong partner to support its ongoing advancement and growth.
At the most recent count, Twelve Capital had practically $4 billion in assets under management throughout its insurance-linked financial investments organization, according to the Artemis Insurance-Linked Securities Investment Managers & & Funds Directory, $2.6 billion of which is designated to financial investments in disaster bonds and other insurance-linked securities (ILS) instruments.
Twelve Capital likewise handles investments throughout the insurance coverage and reinsurance balance-sheet, including in insurance bonds, personal insurance debt and equities, in addition to introducing a current partnership to target insurtech.
Twelve Capital described that the strategic monetary investment from Graubündner Kantonalbank (GKB) will strengthen GKBs position as a financial investment home, while also supporting more growth for the investment manager.
” Meaningful synergies” are expected to be made use of through the collaboration, especially in the Swiss market, and mutual competencies of the 2 parties are also anticipated to be enhanced.
GKB will likewise have a representative acting as a member of the Board of Directors of Twelve Capital.
GKB CEO Daniel Fust commented on the investment in Twelve Capital, “We are proud to be able to take this action and thus strengthen our sound financial investment knowledge and broaden the variety of investment options. We are pleased to be able to use our customers new opportunities in this method.”
Urs Ramseier, Executive Chairman of Twelve Capital included, “The strategic investment brings stability to our investor base and together with GKB we can continue to pursue our development objectives.”
The deal is expected to close in Q2 2022 subject to the approval of the appropriate authorities.
This is the very first investment weve seen into an established insurance-linked securities (ILS) manager for a while and for Twelve Capital this tactical move could help to drive growth, in addition to further market share in its home nation.
Its another sign of the continued destination to financial investments into the insurance and reinsurance sector, as well as a vote of self-confidence in Twelve Capitals diversified financial investment platform focused on the sector and operations.

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