Stone Ridge sidecar fund drops behind cat bond-led High Yield vehicle
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Stone Ridge sidecar fund drops behind cat bond-led High Yield vehicle

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Stone Ridge has reported a 6% drop to $2.9bn in reinsurance assets managed through its two flagship ILS funds for the six months to 30 April, as it disclosed a notable fall in holdings with Everest Re’s Mt Logan vehicle.

Its Reinsurance Risk Premium Interval fund, a major sidecar participant, recorded $1.2bn of funds at 30 April, down from $1.7bn

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