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.”
Nicholas Jagoda, Aeolus Capital Management, Andrew Bernstein, ILS