Securis is planning to start a public fundraising for long-term capital for its vehicle, Financial Times reports. The specialist hedge fund focused on insurance risks is aiming to raise between £100 million and £200 million for the vehicle. Securis, which was set up by two former Morgan Stanley bankers, Rob Proctor and Espen Nordhus, already has £513.8 million in assets under management in the fund. The vehicle writes collateralized natural catastrophe insurance contracts as well as buying into catastrophe bonds.

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