Polar Asset Management Announces Dedicated Significant Risk Transfer Fund Second Close with Total Commitments of US$300 million
Polar Asset Management Partners Inc. ("Polar"), a leading multi-strategy hedge fund manager based in Toronto, today announced the second close of Polar CRS Fund-1 with US$300 million in total commitments.
- Polar Asset Management Partners Inc. ("Polar"), a leading multi-strategy hedge fund manager based in Toronto, today announced the second close of Polar CRS Fund-1 with US$300 million in total commitments.
- The Fund offers qualified institutional investors the ability to participate in significant risk transfer (“SRT”) transactions with banks in Canada and globally.
- SRT transactions allow investors to access banks’ established origination platform and adjudication strengths at an attractive risk/return profile.
- Polar has long been a leader in Canadian SRT transactions within its flagship multi-strategy fund for eight years, funding approximately US$1 billion of SRT transactions.