NU Online News Service, June 4, 3:01 p.m. EDT
Bermuda-based Aspen Insurance announced today that it has invested $25 million in a partnership with a newly formed specialized investment fund focusing on insurance linked securities and reinsurance.
The firm said the new entity, Cartesian Iris 2009A, is a global effort sponsored and managed by affiliates of Cartesian Capital Group and has been capitalized with funds from Aspen, Cartesian affiliates and other investors.
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