Aeolus controlling stake to be sold to hedge fund Elliott Management Corporation — as reported by Artemis.bm

Aeolus Capital Management Ltd., one of the leading insurance-linked investment managers focused on collateralized property catastrophe reinsurance and retrocession, is getting a new investor as hedge fund Elliott Management Corporation is set to acquire a controlling stake. Aeolus founder Peter Appel and key shareholder Allied World Assurance Company are both selling shares to Elliott, enabling…

via Aeolus controlling stake to be sold to hedge fund Elliott Management Corporation — Artemis.bm – The Catastrophe Bond, Insurance Linked Securities & Investment, Reinsurance Capital, Alternative Risk Transfer and Weather Risk Management Blog

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