Elementum Advisors, an independent investment advisor focusing on the reinsurance-linked investments space including catastrophe bonds, collateralized reinsurance, industry loss warranties and catastrophe derivatives, has announced two new hires which it says will significantly strengthen the depth of its legal, compliance and operational infrastructure. The two hires come from law firm Sidley Austin and Legal & General.
The first hire is Bobbi Anderson, who joins Elementum Advisors as Principal and General Counsel on September 10, 2012, and will then transition into the additional role of Chief Compliance Officer on January 1, 2013. Bobbi is currently a partner at Sidley Austin in the insurance group where she has been instrumental in shaping the direction of the Insurance Linked Securities asset class through the development of new risk transfer structures and her work with (re)insurance companies on catastrophe bond, collateralized reinsurance and M&A transactions.
“We are extremely pleased to welcome Bobbi to our management team. Bobbi is one of the premier attorneys in our asset class and will be an invaluable resource to Elementum and our investors,” said Tony Rettino, Founding Principal.
The second new hire, Timothy Williams, joins Elementum Advisors as Director of Investment Operations on August 31, 2012 from his current role at Legal & General Investment Management America where he serves as Operations Manager and has responsibility for the oversight of all middle and back office investment operations. Timothy has 13 years of investment and operations experience including senior roles at Black Diamond Capital Management and CNA Financial Corp.
“Tim brings a wealth of expertise and experience in investment operations for alternative fixed income products. These hires reflect our commitment to providing superior institutional quality investment management services and infrastructure for our clients,” said John DeCaro, Founding Principal.