SCOR Investment Partners to Acquire Coriolis Capital

June 7, 2019

On May 23, 2019, SCOR Investment Partners SE announced that it had entered into an agreement to acquire Coriolis Capital Limited.

Under the terms of the agreement, SCOR Investment Partners SE (“SCOR Investment Partners”) will acquire 100% of the capital of Coriolis Capital Limited (“Coriolis”), with Coriolis becoming a wholly-owned subsidiary of SCOR Investment Partners. The transaction is subject to regulatory approval, but closing is expected to occur in the second half of 2019. Further terms of the deal were not disclosed.

Coriolis is a fund manager that specializes in investments in climate derivatives, catastrophe bonds, and collateralized reinsurance.

SCOR Investment Partners is a portfolio management company that manages €19.1 billion in assets as of December 31, 2018.

To read the press release: please click here.


Investment Manager M&A, Transactions