Overview
Converium Capital Inc. (“Converium”) is a Canadian corporation incorporated in 2020 and
based in Montreal, Canada. Converium was co-founded by Aaron Stern, Michael Rapps and
Elliot Ruda, and the principal owner of Converium is ThirtySeven Holdings Inc.
Converium provides discretionary investment management services to its clients, which include
certain private funds or other pooled investment vehicles (the “Funds”) and may also include
separate accounts for institutional investors.
Converium focuses on distressed and event-driven investment opportunities globally and
across the capital structure, researching potentially attractive situations on a thematic and
company-specific basis using a combination of quantitative and qualitative methods. As part of
its investment strategy, Converium is generally granted broad investment authority with
respect to the management of the accounts of its clients and invests across a broad range of
financial instruments and geographies, subject to any
investment guidelines or restrictions that
may be agreed upon with each client.
Investors and prospective investors in each Fund should refer to the confidential private
placement memorandum, limited partnership agreement and other governing documents for
each Fund (the “Governing Documents”) for more complete information on the investment
objectives and investment restrictions with respect to a particular Fund. There is no assurance
that any of the Funds’ investment objectives will be achieved.
Converium is registered in the Province of Quebec with L’Autorité des marchés financiers as an
investment fund manager, portfolio manager, derivatives portfolio manager and exempt
market dealer, and in other Canadian provinces as an investment fund manager and exempt
market dealer to the extent required by provincial law. As of March 1, 2024, Converium
provides discretionary investment advisory services to the Funds, with regulatory assets under
management of approximately $521,365,269.