Guy Carpenter on Monday (10 June) announced the formation of its Capital & Advisory group as part of its Global Capital Solutions unit. The global brokerage simultaneously named Alexander Schnieders as Global Head of Capital & Advisory.
The Capital & Advisory group aims to expand Guy Carpenter’s services to c-suite clients worldwide and increase capital for (re)insurance risks. It focuses on raising capital for clients, advising on capital and M&A transactions, creating new market capacity, and supporting new company formation.
In his new role, Schnieder reports to Laurent Rousseau, CEO of Europe, IMEA and Global Capital Solutions. He joins Guy Carpenter from Teneo Holdings, where he was the Head of the Financial Institutions Group and Co-Head of M&A.
At Teneo, Schnieders managed all aspects of the company’s US insurance practice, including strategy, business planning, deal sourcing, and executing capital raising and M&A transactions. Prior, he has also held roles at Goldman Sachs and Perella Weinberg Partners.
Laurent Rousseau commented, “The addition of a Capital & Advisory team to our already strong Global Capital Solutions unit, which includes cat bonds and other insurance-linked securities through GC Securities and legacy products through Global Risk Solutions, creates an offering that is unmatched in the industry. With Alexander’s extensive background and strong relationships, the team is well positioned to serve our clients.”
On his new position, Schnieders commented, “I am delighted to join Guy Carpenter in this newly created role. I have a long-standing respect for the Guy Carpenter team and confidence we will provide clients a differentiated offering to help them achieve their risk, capital and strategic goals.”
