Bermuda-based insurer Arch Capital Group has hired Meredith Whitney to oversee an $800m equity portfolio, according Preston Hutchings, Arch's chief investment officer, in an interview with Bloomberg.
The portfolio has allocations to about eight managers, including JPMorgan Chase and BlackRock, Hutchings said.
The firm had more than $15bn of investments at the end of September.
Whitney previously ran her own hedge fund and before that was a high-profile banking analyst.
Channels:People
Leads consortium alongside Soya Group, in first Swedish transaction
Also announces $10m debt financing deal with clean energy provider EDF Renewables
Floating-rate financing provided to Longacre Group for 2,021-unit affordable housing portfolio
Insurance Risk Data makes a pinpoint breakdown of UK market risk
JPI initiated currency swap transactions in October for bond holdings
This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here