This information does not constitute the offer to sell or a solicitation of an offer to purchase any investment or investment product. Any such offer will be made only pursuant to an offering memorandum and the documents relating thereto describing such securities (the “Offering Documents”) and to which prospective investors are referred. In the case of any inconsistency between the description of terms in this material and the Offering Documents, the Offering Documents will control. Please see the applicable Offering Documents for additional information on the risks associated with an investment. This information is not intended to be used as the primary basis for investment decisions, nor should it be construed as advice designed to meet the particular needs of an individual investor. Any person subscribing to an investment must be able to bear the risks involved and must meet the suitability requirements relating to such investments. Some or all alternative investment programs may not be suitable for certain investors. Any offer will be made only to qualified investors only in jurisdictions where such offer complies with applicable law.
An investment in a portfolio is speculative and involves a high degree of risk. An investor should not invest in a portfolio unless it is prepared to lose all or a substantial portion of its investment.
SEC registration does not imply a certain level of skill or training.
The data used to prepare this information which attributes Elementum as the source was derived from publicly available sources and Elementum’s direct experience. No representation is made with respect to the accuracy or completeness of such data. Elementum does not assume any responsibility for any information received from, or created by, third parties.
The information provided does not constitute investment, tax, legal or accounting advice. You and your advisor(s) should consider any legal, tax and accounting matters relevant to any investments discussed herein or arising there from.
This information includes statements that are not purely historical in nature but are “forward looking statements.” These forward looking statements are based upon certain assumptions and are necessarily speculative in nature. The information provided, or upon which opinions provided have been based, has been obtained from sources believed to be reliable, but no representations, expressed or implied, or guarantees can be made as to the accuracy, timeliness, or completeness of such information or opinions. All opinions and estimates expressed are subject to change without notice. The assumptions upon which forward looking statements are based may not be stated.
The information provided regarding awards is for informational purposes only and should not be considered an endorsement of Elementum or indicative of any investor’s experience with Elementum or Elementum’s future performance. Elementum investors did not comprise a significant portion of the judging panels for the referenced awards, however, Morton Lane, who was a member of Elementum’s currently inactive advisory board, served on the panel for multiple awards.
- The “Best Insurance-Linked Strategies Hedge Fund” was granted by Hedgeweek US. The entry criteria for the award provides that the fund be listed to Bloomberg’s Hedge Fund Database. Candidates are chosen based on data provided by Bloomberg that considers annualized performance over a 12-month period from May 1 to April 30 of a particular year for North America-based hedge funds with minimum assets under management of $100 million. Voting is conducted via an exhaustive online poll of the Hedgeweek readership carried out over a period of several weeks.
All other referenced awards were issued by Insurance Insider (fka Trading Risk).
- The entry criteria for “Investor of the Year” provides that candidates will be institutions, individuals or investment teams that have made an outstanding contribution to the development of the ILS investor community in the previous year. The winner will have demonstrated either a continued, deep commitment to the ILS sector, success in attracting new investors to the sector through a fund, an innovative or pioneering approach or the commitment to research and understand the sector.
- The entry criteria for “Initiative of the Year” provides that candidates will be from any sector within the convergence market whose specific initiative has significantly aided its development. The winner of this broad category will be a corporation or a team whose specific innovation has made an outstanding contribution to improving the way that (re) insurance risk is transferred in the past year.
- The entry criteria for “Manager of the Year” provides that candidates will be institutions, individuals or investment teams that have made an outstanding contribution to the development of the ILS investor community in the previous year. The winner will have demonstrated a continued, deep commitment to the ILS sector alongside strong financial results, success in attracting new investors to the sector and an innovative or pioneering approach in sourcing risk.
- The entry criteria for “Fund of the Year” provides that candidates will be ILS funds operating during a particular calendar year. The award aims to recognize the overall best single ILS fund of a particular year, taking account of factors such as performance against similar strategies, AuM growth both organic and through inflows, innovations in strategy and/ or investment process, and pioneering use of technology. The winner will be able to demonstrate excellence in having taken steps to outpace the competition.