BlueMountain Capital Management hires Al Selius for ILS push


BlueMountain Capital Management, LLC, a diversified alternative asset manager with over $21 billion of assets, has hired well-known insurance-linked investments specialist Al Selius to run its portfolio of insurance and reinsurance linked assets.

BlueMountain is seeking to expand its presence in the insurance-linked investments space, so the hiring of Selius with his years of experience will help the manager to grow its ILS portfolio.

Selius, most recently a portfolio manager for alternative investment giant Pine River Capital, has joined BlueMountain to oversee the firms insurance-linked investments portfolio.

Selius had been with Pine River since 2013, helping the manager to build out a reinsurance and ILS investments strategy. Prior to Pine River, Selius had worked for UBS Investment Bank on structuring and trading ILS instruments.

He had previously been a managing director at Swiss Re Capital Markets, after which he joined ILS and reinsurance investments specialist Securis Investment Partners.

Andrew Feldstein, Co-Founder and Chief Investment Officer of BlueMountain, commented on Selius’ hire, “Strengthening our presence in the insurance-linked asset class reflects BlueMountain’s commitment to providing investors with a diversified, non-correlated return profile by capitalizing on opportunities across markets, asset classes, sectors, and instruments. Al’s expertise is a natural complement to our existing multi-strategy capabilities.”

Selius will work from BlueMountain’s New York office, with a focus on asset selection, analysis, underwriting, monitoring, sourcing, and risk management across the asset managers insurance-linked investment portfolio.

Join us in New York in February 2018 for our next ILS conference

Artemis Live - ILS and reinsurance video interviews and podcastView all of our Artemis Live video interviews and subscribe to our podcast.

All of our Artemis Live insurance-linked securities (ILS), catastrophe bonds and reinsurance video content and video interviews can be accessed online.

Our Artemis Live podcast can be subscribed to using the typical podcast services providers, including Apple, Google, Spotify and more.

ILS NYC 2018
Print Friendly, PDF & Email

Artemis Newsletters and Email Alerts

Receive a regular weekly email newsletter update containing all the top news stories, deals and event information

  • This field is for validation purposes and should be left unchanged.

Receive alert notifications by email for every article from Artemis as it gets published.

Read previous post:
United passes majority of hurricane loss to ILS & reinsurance

Property and casualty insurance company United Insurance Holdings (UPC Insurance) has passed the majority of its losses from hurricanes Harvey...