Elliott acquires controlling interest in Bermuda ILS manager


Elliott Management Corporation, a hedge fund manager based in London, will acquire a controlling interest in Aeolus Capital Management (ACM), a Bermuda-based manager of insurance-linked securities (ILS), and its affiliates.

The transaction is expected to be completed before the end of 2016, but is subject to regulatory approval.

Elliott, M&A, ILS, Aeolus, London, UK, Bermuda

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