SLC Management launches dedicated insurance group

Asset manager SLC Management has launched SLC Global Insurance Group which will focus on providing the world's leading insurance companies with bespoke investment solutions.  

SLC, which manages $277 billion of institutional fixed income and alternatives assets, is the brand name for the institutional asset management business of Sun Life Financial, said the Insurance Group would provide clients with access to a diverse array of investment capabilities and strategies across multiple asset classes while also leveraging the expertise and resources of the SLC Management companies, including SLC Fixed Income, BGO, Crescent Capital Group (Crescent) and InfraRed Capital Partners (InfraRed).   

The company said that with over 260 insurance clients and US$152 billion in assets under management, the SLC Global Insurance Group delivers strategies in capital efficient structures that serve as critical building blocks for enhanced income and total return, downside risk mitigation and liquidity management.

"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," said Brett Lousararian, senior managing director, head of strategic client relationships, SLC Management. "Our deep insurance heritage combined with our diverse suite of investment capabilities has allowed us to create a highly differentiated and tailored experience for our clients, and we're excited to continue showcasing our unique value proposition within the insurance asset management space."

SLC also announced it had appointed John Cassedy as Managing Director, Insurance Business Development, effective July 1. He is joining from DWS Group, where he was head of insurance coverage for the Americas. Cassedy has over 30 years' experience in a variety of leadership roles across the industry and will focus on growing the firm's presence in the insurance channel. 

The firm has also recently added Amanda Geuss and Olivia Barden to the SLC Global Insurance Group. Both Geuss and Barden held insurance business development positions at BlackRock's Financial Institutions Group.

"I'm delighted to welcome John to SLC Management. Adding John's deep experience in working with insurance companies will be crucial in growing this segment of our business," added Lousararian. "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. We're excited to support a multitude of strategic initiatives for new and existing insurance clients."

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