SLC Management has launched SLC Global Insurance Group, focused on servicing insurance companies with investment solutions.
The new business provides clients with access to a diverse array of investment capabilities and strategies across multiple asset classes, while also leveraging the expertise and resources of SLC Management companies, including SLC Fixed Income, BGO, Crescent Capital Group, and InfraRed Capital Partners.
With over 260 insurance clients and US$152 billion in assets under management, SLC Global Insurance Group aims to deliver strategies in capital-efficient structures that serve as critical building blocks for enhanced income and total return, downside risk mitigation, and liquidity management.
Additionally, SLC Management appoints John Cassedy as managing director of Insurance Business Development, effective from 1 July.
Cassedy joins from DWS Group, where he was head of insurance coverage for the Americas. Bringing over 30 years of experience in leadership roles across the industry, he will focus on growing the firm's presence in the insurance channel.
Brett Lousararian, senior managing director and head of strategic client relationships at SLC Management, remarks: "Bringing the SLC Global Insurance Group together is a natural extension of the work we've already been doing within the insurance space for the last several decades.
“Our insurance heritage combined with our diverse suite of investment capabilities has allowed us to create a highly differentiated and tailored experience for our clients."
Commenting on Cassedy’s appointment, Lousararian says: “Adding John's deep experience in working with insurance companies will be crucial in growing this segment of our business.
"With the team now in place, SLC Global Insurance Group will focus on accelerating our efforts on a number of different fronts, from evolving our insurance solutions platform to exploring partnership opportunities to deploy equity capital."
