WESTPORT, Conn., Feb. 15, 2016 /PRNewswire/ -- Anholt Services (USA), Inc. (together with its affiliates and its owners, "Anholt") announced today that it has completed its initial investment in a new, special purpose vehicle established to provide capital in support of a portfolio of Lloyd's syndicates. The investment is made in partnership with Hampden Agencies Limited ("Hampden"), a leading Lloyd's members' agent, and will support the underwriting efforts of a select group of syndicates with a demonstrated track record of successfully pricing risk.
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Commenting on the investment, Anholt Managing Director, Joe Massoud said, "We are very excited to be investing in a new asset class for us that we believe has been largely overlooked by investors. Lloyd's has undergone a significant restructuring in recent years that has addressed many of the issues that plagued it in the 80s and 90s. With the help of Hampden, we believe our investment has the opportunity to generate attractive returns that are largely uncorrelated with the rest of our portfolio."
About Anholt:
Anholt Services (USA), Inc. is an indirect subsidiary of the Kattegat Trust, a family office based philanthropic foundation. Anholt evaluates and manages Kattegat's interests globally across a wide range of asset classes, including hard assets, fund partnership interests and control and minority stakes in private and public companies. The senior members of the Anholt team have worked with the Kattegat Trust in various capacities since 1998. For more about Anholt, please visit www.anholtusa.com.
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SOURCE Anholt Services (USA), Inc.
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