Leadenhall’s investor mix reveals pension fund interest in ILS

91.5 percent of Leadenhall Capital’s investor mix is made up of pension fund capital, according to data released by the ILS investment manager, reflecting rising interest in the convergence space.

The data supports suggestions that the convergence space has gone increasingly mainstream. Long gone are the days when hedge funds and re/insurance companies were the mainstay of the investor base, suggesting that capacity is increasingly conservative in nature and more likely to remain post-event.

Interest continues to be marked in the convergence space, with Leadenhall now managing $1.4 billion of convergence assets for its institutional investor base.