Joe Marsh

The US asset manager has hired Mark Wang, former global chief investment officer of HSBC Life, amid a push by GPs to raise more capital from the insurance segment, PEI Group has learned.

Former Ping An Insurance CIO Benjamin Deng had joined Canadian group Sun Life – which owns private credit manager Crescent Capital – in January last year.

The US asset manager has hired David Luo from insurer AIA for what is understood to be a newly created role.

The private debt specialist GP has hired investment professionals from Singapore state fund GIC and rival managers Ares, Goldman Sachs and Partners Group.

Francesco Martorana will start at the Swiss insurer this week after around 13 years at Italian rival Generali, with his predecessor at Zurich taking up a new role.

The UK insurer has appointed an industry veteran to succeed Rob Groves for the time being, ahead of the arrival of new CEO Mike Eakins.

Sweden’s LF, the Netherlands’ NN Group and UK firms Pension Insurance Corporation and Foresters Friendly Society are exploring new opportunities in illiquid credit.

The insurer’s head of portfolio management, Roman Hederer, sees more opportunities and value now in the asset class than a few years ago, particularly in Europe.

The Hong Kong-headquartered firm, with $166bn under management, has appointed a former insurance CIO to what is understood to be a newly created role, Private Debt Investor has learned.

The US asset manager has shaken up its insurance team leadership after acquiring rival PineBridge, with its international solutions head departing.