Hedge Funds

ABN Amro veterans prepare to target insurance sector

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Henry Kus and Bjorn Schmolck are preparing to roll out a range of funds at their Traymar Capital start-up

Henry Kus and Bjorn Schmolck, two former senior members of ABN Amro's insurance-linked trading business, are preparing to roll out a range of funds at their start-up London hedge fund firm, Traymar Capital.

 
Henry Kus and Bjorn Schmolck


The duo left ABN Amro in February 2009. Kus was the firm's global head of structured insurance products trading, while Schmolck was the senior trader for its mortality longevity book.

They began setting up Traymar midway through last year with the intention to develop a platform of ILS strategies. The firm is planning