[ad_1]
BTG Pactual Asset Management shops and Bermuda. The entity announced the acquisition of the financial company Lutece Investment Management Ltd. (Lutece), based in this territory, specializes in investment in the reinsurance risk sector.
"The Lutece team is an excellent complement to our organization This exciting initiative will allow us to generate returns unrelated to traditional credit markets and existing revenue streams," said Steve Jacobs, CEO of BTG Pactual
Behind this operation, the goal of the team is to launch a Low Volatility Strategy in 2018 that will focus on the senior and super senior segments of regulatory capital of reinsurance companies.
The investment committee formed by the management of BTG Pactual and Lutece will oversee the strategies, while the reinsurance team will benefit from the scope of the company, the governance, and the BTG Pactual's Risk Management and Operational Infrastructure Experience
Source link
