19 August 2020ILS

Aeolus Capital Management names Nicholas Jagoda as partner and portfolio manager

Nicholas Jagoda will join Aeolus Capital Management as a partner and portfolio manager once he has fulfilled his obligations with Elementum Advisors where he is currently a partner and portfolio manager.

Bermuda-based Aeolus manages capital on behalf of investors in the property catastrophe reinsurance and retrocession market and has over $4 billion in assets under management. Jagoda first became involved with investments in collateralised reinsurance when he joined Stark Investments in 2006. He was part of the original team that launched Elementum in 2009 and helped found Elementum (Bermuda) in 2011.

Andrew Bernstein, managing partner and chief executive of Aeolus, described Jagoda as “one of the stand‐out portfolio managers in the ILS asset class.”

Bernstein added: “We are excited to welcome [Jagoda] to our portfolio management team, operating committee and partnership.”

More on this story

13 January 2023   Aeolus Services is the US subsidiary of the ACM Group.
8 November 2022   Appointee joins from Aeolus Capital Management.
6 April 2021   Aeolus Capital Management has appointed Andy Richardson as a portfolio manager.