Daily People Moves – October 27

Buyside

Raj Krishnan has joined Ares Management Corporation as Partner and Chief Investment Officer of Areas Insurance Solutions. Krishnan joins from F&G Annuities & Life where he most recently served as executive vice president and CIO.

Fulcrum Asset Management has appointed Filippo Cartiglia as a senior member of its investment team, focusing on macroeconomic research. Prior to Fulcrum, Cartiglia spent nine years at Arrowgrass Capital Partners as chief international economist.

Alexander Macdonald was appointed Group Head of Sustainability at Polar Capital. Moving from the firm’s client services team, Macdonald will primarily lead and coordinate the firm’s sustainability initiatives and act as a focal point for ESG activity in investment portfolios.

Thoma Bravo has named Oliver Thym a Partner to lead the firm’s credit business. Most recently, Thym was a partner at Goldman Sachs and head of the private credit group in the Americas for the merchant banking division.

Min Chen has joined Somerset Capital’s China team. Chen joins Somerset Capital from Dymon Asia, where he was the portfolio manager of the Prospect View China Fund.

Insurance

AIG has named Peter Zaffino its new Chief Executive Officer, effective March 2021. He succeeds Brian Duperreault. Zaffino joined AIG as global chief operating officer in 2017 and was named president in December.

Eric Schuh joined the executive board of ELEMENT Insurance. Most recently, Shuh led Swiss Re P&C Solutions, a unit focusing on the use of modern technology and data analytics for customer solutions. Effective January 1, he will take over several core areas within ELEMENT, including insurance operations and underwriting.