CBS Private Capital (CBSPC) has launched an investment fund aimed at attracting private capital investors into the Lloyd's market.
The investment fund will be targeted at high net worth individuals, modelled on a collective investment scheme and structured on a limited liability, said CBSPC.
CBSPC managing director Charles Harbord-Hamond said: “Lloyd's needs private capital, and CBSPC believes it has found a familiar route for new investors, attracted to a new asset class which has not invested in the past.”
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