Private Insurance Debt PriDe I
Overview
- Unleveraged closed-end AIF with expected 10 years maturity, investing in subordinated private debt securities issued by small and medium-sized non-rated European insurance companies
- Regulated fund: French (FCT) fund
- Closing date: 15 July 2014, with €238M
- Investors of the fund are institutional investors located in Europe
- Investment Advisor: Cohen & Company Financial Limited