LCM appoints Ken Pierce as CEO

Lockton Capital Markets (LCM) has appointed Ken Pierce as chief executive officer.

Pierce has 30 years of experience as a leader in the insurance and alternative asset management industries. In 2019, he founded and began serving as CEO of Vanpoint Advisors, which originated and structured asset portfolio financing transactions for alternative asset managers, closed block reinsurance, sidecar reinsurance and surplus notes. On June 1, 2020, the assets of Vanpoint were merged into LCM’s.

He was also a co-founder of Vanbridge, and has held leadership roles at Mayer Brown, Morgan Stanley and Lehman Brothers.

Pierce said LCM will continue to grow its structured finance practice and its solutions practice. He will help build a capital markets business that provides creative solutions for insurance companies, asset managers, and corporate clients, added Michael Calabrese, executive chairman at LCM.

Ron Lockton, chairman of Lockton Companies, emphasised Pierce’s proven track record and exemplary approach to solving complex challenges.