Conning Increases Strategic Investment in Global Evolution
June 29, 2020
HARTFORD, CONNECTICUT and KOLDING, DENMARK, June 29, 2020 -- Conning, a leading global investment management firm, and Global Evolution, a premier specialist investment manager of emerging and frontier market debt strategies, today announced the completion of an increase to Conning’s ownership investment in Global Evolution to a majority interest (please see the initial announcement for more information).
Conning (www.conning.com) is a leading global investment management firm with approximately $168 billion in global assets under management as of March 31, 2020.* With a long history of serving the insurance industry, Conning supports institutional investors, including pension plans, with investment solutions and asset management offerings, award-winning risk modeling software, and industry research. Founded in 1912, Conning has investment centers in Asia, Europe and North America.
*As of March 31, 2020, represents the combined global assets under management for the affiliated firms under Conning Holdings Limited which includes Global Evolution Holding ApS and its group of companies and Cathay Securities Investment Trust Co., Ltd. (“SITE”). SITE reports internally into Conning Asia Pacific Limited, but is a separate legal entity under Cathay Financial Holding Co., Ltd. which is the ultimate controlling parent of all Conning Holdings Limited controlled entities.
About Global Evolution
Founded in 2007, Global Evolution (www.globalevolution.com) is a dedicated, leading emerging and frontier markets investment manager, committed to impact investing. With $13 billion in assets under management as of March 31, 2020, the firm invests globally on behalf of a wide range of institutional investors through pooled funds and segregated accounts. Its clients are supported by a long-tenured group of investment professionals, with the core team having worked together for more than two decades. Global Evolution is known for its innovative approach to investing in emerging and frontier markets. Global Evolution’s head office is in Kolding, Denmark, with offices and subsidiaries in London, Luxembourg, Zürich and New York.
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CEO & CIO, Global Evolution