Guy Carpenter has launched the Capital & Advisory group as part of its Global Capital Solutions and has appointed Alexander Schnieders as global head of the new division.
The newly formed unit aims to expand Guy Carpenter’s offerings to C-suite clients globally and bring more capital to (re)insurance risks.
The team will raise capital for clients, provide advice on capital and M&A transactions, establish new market capacity, and support the formation of new companies.
Schnieders will report to Laurent Rousseau, CEO of Europe, IMEA and Global Capital Solutions, Guy Carpenter.
He joins the firm from Teneo Holdings, where he was the head of Financial Institutions Group and co-head of the M&A unit.
Prior to that, Schnieders worked for Goldman Sachs and Perella Weinberg Partners in similar roles.
Rousseau comments: “The addition of a Capital & Advisory team to our already strong Global Capital Solutions unit, which includes cat bonds and other insurance-linked securities through GC Securities and legacy products through Global Risk Solutions, creates an offering that is unmatched in the industry.
“With Alexander’s extensive background and strong relationships, the team is well positioned to serve our clients.”
Schnieders says: “I have a long-standing respect for the Guy Carpenter team and confidence we will provide clients with a differentiated offering to help them achieve their risk, capital, and strategic goals.”