Mon, Apr 23, 2018
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. Investing - Sequoia takes Facebook stake as shares slide in data controversy, $1.4b hedge fund sees intact fundamentals for Facebook, Jim Cramer reveals some 'suggested hedge fund trades' amid the Trump tariffs[more]

    Sequoia takes Facebook stake as shares slide in data controversy From Bloomberg.com: The $4.2 billion Sequoia Fund bought a small position in Facebook Inc. as the stock slid late in the first quarter, investment manager Ruane, Cunniff & Goldfarb told clients. "The recent controversy enab

  2. Activist Investors - Blue Sky-owned Wild Breads faces uncertain future[more]

    From AFR.com: A Blue Sky private equity investment in artisan-style baker Wild Breads enjoyed multiple valuation upgrades despite losing millions and breaching its lending covenants, accounts lodged with the regulator last week show. Wild Breads lost $2.4 million in 2017, but Blue Sky ascribed a hig

  3. Opalesque Exclusive: Barnegat to close hedge fund to outside investors on weak opportunities[more]

    Komfie Manalo, Opalesque Asia: Bob Treue's Barnegat Fund Management said it is closing its $666m fixed income relative value hedge fund to outside investors. "The negative side to gains in Fixed Income Arbitrage is that unless we find new opportunit

  4. Investing - Hedge fund makes a big bet on malls, British hedge fund manager Odey short UK government bonds on QE bet[more]

    Hedge fund makes a big bet on malls From Barrons.com: The dominant narrative on American shopping malls is that they're dead. Crushed by Amazon.com, many brick-and-mortar retail stores are destined for bankruptcy. And where is the most retail, clustered all together? Malls. From a

  5. Performance - Hedge funds suffer first back-to-back loss in two years, Netflix performance burns hedge fund short sellers, Macro hedge fund up 14.5% in first quarter sees dollar falling, Renaissance Technologies rebounds across hedge funds in March[more]

    Hedge funds suffer first back-to-back loss in two years From Bloomberg.com: Hedge Fund returns sank for a second straight month in March, the first back-to-back loss since the first two months of 2016, as trade wars, tech-sector woes and a Fed rate hike dragged down the S&P 500 from its