MGU SageSure has taken a strategic investment stake in specialist ILS investment fund manager Pillar Capital Management
Pillar gets strategic investment from SageSure
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Pillar Capital Management gets strategic investment from SageSure
Pillar Capital Management, the Bermuda-based specialist collateralized reinsurance and insurance-linked securities investment fund manager, has secured a new high-profile backer as managing general underwriter SageSure has made a strategic investment in the company.
Pillar Capital Management is one of the leading managers of insurance-linked funds, having been founded in 2008 and currently has around $4.3 billion of AUM. SageSure is a specialist catastrophe-exposed property managing general underwriter (MGU) and manages more than $3 billion of inforce premium.
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