Independent insurance-linked securities (ILS) fund manager, Integral ILS Ltd., has announced that it has surpassed $1.1 billion of investor capital deployed, in addition to having raised in excess of $1.4 billion since its founding in July 2020.
Over the past year, the firm has received several new commitments from institutional investors.
It has also seen increased allocations from its cornerstone investors, New Holland Capital and the Public Sector Pension Investment Board (PSP Investments).
Integral’s investing strategy is primarily focused on catastrophe-linked insurance and reinsurance transactions, and benefits from in-house risk origination capabilities and comprehensive access via strategic partnerships with TransRe and Amwins.
“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,” said Integral Co-Founder and Managing Partner, Richard Lowther.
Integral Co-Founder and CIO, Lixin Zeng, added: “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, also commented: “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.”
