SCOR Investment Partners Achieves EUR 20 Billion in Assets Under Management
On March 19, 2024, SCOR Investment Partners, the asset management arm of global insurance and reinsurance company SCOR Group, announced a significant milestone in reaching EUR 20 billion in assets under management (AuM). This considerable growth is attributed to the substantial net inflows from clients, signaling a robust financial period for the company.
Growth Driven by Net Inflows
The year 2023 was pivotal for SCOR Investment Partners, especially in the expansion of their third-party activities. There was a notable acceleration in the accumulation of assets, which aligns with the company's strategic goals. SCOR Investment Partners specializes in providing tailored investment solutions primarily to institutional clients. Notably, in 2023, third-party assets under management increased to nearly EUR 7.4 billion, fueled by approximately EUR 900 million in net inflows from external investors.
Leadership's Perspective
Louis Bourrousse, the CEO of SCOR Investment Partners, expressed his enthusiasm over the company's performance. He highlighted the resilience and excellence that have characterized the company's nearly 15-year history. Bourrousse explained that the company's success is a result of an asymmetric risk culture and a strong focus on sustainable investment practices. He indicated future growth plans for 2024, including the launch of new investment vehicles that will build on the established expertise in areas such as real estate debt and infrastructure debt strategies that support the transition to energy and digital advancements.
About SCOR Investment Partners
Founded in 2008 and operating with over 80 professionals, SCOR Investment Partners manages a diverse range of asset classes including Fixed Income, Corporate Loans, Infrastructure Loans, Direct Real Estate, Real Estate Loans, Insurance-Linked Securities, and Fund Selection. In addition to strategies developed for the SCOR Group, since 2012, the company has offered investment opportunities to institutional investors. As of December 31, 2023, the assets managed for third parties stood at EUR 7.4 billion, with total AuM, including undrawn commitments, at EUR 20.0 billion.
growth, management, milestone