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Fidelis Insurance Holdings, a Bermuda-based specialty insurance and reinsurance firm, announced it had $1.5 billion in funds from private equity firms and other investors to launch its new venture.
When the financial history books are written, 2014 could be characterized as the year of the aggressive activist hedge fund manager. Into the often aggressive and sometimes brutal fray comes a new s...
SAC Capital's foray into the reinsurance business is bringing new complications to the embattled hedge fund.