New focus combines firm's long-standing
heritage with extensive alternative investment capabilities,
benefiting insurance companies globally
WELLESLEY, Mass. and NEW YORK, June 24,
2024 /PRNewswire/ - SLC Management, the
US$277 billion institutional fixed
income and alternatives asset manager, is pleased to announce the
launch of the SLC Global Insurance Group, a dedicated team focused
on servicing the complex needs of the world's leading insurance
companies with bespoke investment solutions.
"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."
The SLC Global Insurance Group 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 the SLC Management companies, including SLC Fixed
Income, BGO, Crescent Capital Group (Crescent) and InfraRed Capital
Partners (InfraRed). With over 260 insurance clients and
US$152 billion in AUM, 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.
Additionally, the firm is pleased to announce the following
appointments: John Cassedy
will be joining SLC Management as Managing Director, Insurance
Business Development, effective July
1. Mr. Cassedy is joining from DWS Group, where he was head
of insurance coverage for the Americas. Mr. 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 Ms. Geuss and Ms. 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 Mr. 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."
To learn more about SLC Global Insurance Group, please visit the
website.
About SLC Management
SLC Management is a global institutional asset manager that
offers institutional investors traditional, alternative and
yield-orientated investment solutions across public and private
fixed income markets, as well as global real estate equity and
debt. SLC Management is the brand name for the institutional asset
management business of Sun Life Financial Inc. under which the
entities of Sun Life Capital Management (U.S.) LLC in the United States, and Sun Life Capital
Management (Canada) Inc. in
Canada operate. These entities are
also referred to as SLC Fixed Income and represent the investment
grade public and private fixed income strategies of SLC
Management.
BGO, InfraRed Capital Partners (InfraRed), Crescent Capital
Group (Crescent) and Advisors Asset Management (AAM) are also part
of SLC Management. BGO is a leading, global real estate investment
management advisor and a globally recognized provider of real
estate services. InfraRed is an international investment manager
focused on infrastructure, managing equity capital in multiple
private and listed funds, primarily for institutional investors
across the globe. Crescent is a global alternative credit
investment asset manager registered with the U.S. Securities and
Exchange Commission as an investment adviser. Crescent provides
private credit financing (including senior, unitranche and junior
debt) to middle-market companies in the U.S. and Europe and invests in high-yield bonds and
broadly syndicated loans. AAM is an independent U.S. retail
distribution firm that provides a range of solutions and products
to financial advisors at wirehouses, registered investment advisors
and independent broker-dealers.
As of March 31, 2024, SLC
Management has assets under management of US$277 billion (C$375
billion) and AAM represents an additional US$8 billion (C$11
billion) in assets under administration.
For more information, please
visit slcmanagement.com.
SLC-20240614-3643107
Media Relations Contact
Hannah
Stewart
Director, Communications & Media Relations, SLC Management
646-761-6344
hannah.stewart@slcmanagement.com
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SOURCE SLC Management
