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Conyers advised Tangency Capital Ltd. (the “Company”) with respect to its launch of a new “Class B Exempt Fund” domiciled in Bermuda. The new fund, “Select Market Access Fund Ltd.” will invest in insurance-linked securities (“ILS”). The Company, a newly formed Bermuda investment management company, was founded by three experienced ILS and reinsurance-focused executives:- Kai Morgenstern, Dominik Hagedorn and Michael Jedraszak.
Elizabeth Denman of Conyers’ Bermuda office advised on the matter alongside Simmons & Simmons LLP, London, England.