LuminArx Capital Management led a $210m funding round in Axonic Insurance..

LuminArx Capital Management, a global alternative investment manager, led a $210m funding round in Axonic Insurance, an investment firm, with participation from Deutsche Bank. “Axonic Insurance manufactures and distributes competitive annuity products supported by the high-quality cash flows and differentiated return streams available in structured credit markets where Axonic has especially deep expertise. We’re grateful to LuminArx and Deutsche Bank for their partnership and shared conviction in advancing that goal as Axonic Insurance enters its next phase of disciplined, scalable growth,” Clayton DeGiacinto, Axonic Capital Managing Partner and Co-Chief Investment Officer.