Fri, Oct 31, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

SaLaurMor Capital LP hires Richard Sbaschnig to focus on insurance

Wednesday, July 10, 2013
Opalesque Industry Update: SaLaurMor Capital LP has announced that Richard Sbaschnig, CFA, has joined the firm as a Senior Analyst focusing on the insurance industry. Mr. Sbaschnig brings to SaLaurMor almost ten years in the investment business, including buy-side and sell-side experience covering property-casualty, life insurance, and insurance brokerage firms. Mr. Sbaschnig will be based in the midtown New York City office.

Richard comes to SaLaurMor from Hovde Capital Advisors, a registered investment adviser which manages the Financial Institution Partners Fund, a series of long-short hedge funds with a focus exclusively on the financial services sector. At Hovde, Richard generated investment ideas for the long-short equity and credit investment fund utilizing detailed statutory and GAAP financial statement analysis, covering reserves and investments. Prior to Hovde, Richard was the lead analyst for the property-casualty insurance, life insurance, and insurance brokerage companies at Oppenheimer & Co. Inc. Richard played a pivotal role in expanding the firm’s coverage into property-casualty and insurance distribution. Richard began his career at Swiss Re where he advised senior managers on business strategy and completed special projects.

“We are pleased to welcome Richard to SaLaurMor Capital. After having worked with Richard at Swiss Re, I look forward to working with him again as he enhances our detailed financial statement analysis in the insurance industry”, said Joel Salomon, Founder. “During our discussions in recent months, we’ve come to appreciate Richard’s enhanced statutory analysis since his days at Swiss Re”, he added.

SaLaurMor

Press Release

BM

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Macks aim to raise $750m for real estate debt fund[more]

    From Therealdeal.com: Father-son duo William and Richard Mack and former Blackstone Group managing director Peter Sotoloff are starting a new real estate debt fund. Together, the trio hopes to raise more than $750 million for the private equity fund, according to the Wall Street Journal. The fund wi

  2. Commodities - Oil wreaking havoc on small-cap energy stocks sliding 36%[more]

    From Bloomberg.com: Owning almost anything in the U.S. stock market has been a losing proposition since September. Owning smaller energy companies has been a catastrophe. Hercules Offshore Inc. and Resolute Energy Corp. are among 19 oil-and-gas equities in the Russell 2000 Index that lost more than

  3. Investing - Hedge funds favor equity long/short, Strategic bond managers hedge against further high yield sell-off[more]

    Hedge funds favor equity long/short From Securitieslendingtimes.com: Equity long/short strategies will generate good returns for hedge funds in the future, according to a panel at this year’s Risk Management Association Conference on Securities Lending in Naples, Florida. Panellists Sand

  4. Legal - Ex-hedge fund analyst weeps as judge hands down 5 year sentence, Former Columbus investment manager Steven P. Moore indicted on theft charges, SEBI confirms ban for Hong Kong hedge fund, SEC announces enforcement action against compliance officer[more]

    Ex-hedge fund analyst weeps as judge hands down 5 year sentence From Hereisthecity.com: An ex-hedge fund analyst was sentenced to 5 years in prison for his role in insider-trading scheme. The New York Post reports that former hedge fund analyst Matthew Teeple was sentenced Thursday to fiv

  5. Manager Profile - Seth Klarman: Lessons for retail and institutional investors[more]

    From Valuewalk.com: Seth Klarman is virtually unknown outside value circles, despite his impressive record and value of assets under management. On average Baupost has returned 19% p.a. despite holding a large portion of its assets in cash. During the financial crisis, Seth Klarman’s funds lost some