NEW YORK--(BUSINESS WIRE)--Global Atlantic Financial Group, a leading U.S.-focused retirement, life insurance and reinsurance company, is pleased to announce the hiring of Anup Agarwal as Deputy Chief Investment Officer, effective January 7, 2019.
In this role, Agarwal will be responsible for leading Global Atlantic’s investing activities across all asset classes, including approximately $60B in credit, structured products, loans and real assets.
“We are excited to welcome Anup to Global Atlantic,” said Gilles Dellaert, Co-President and Chief Investment Officer at Global Atlantic. “His strong expertise as a seasoned investor will enable us to build on our strategy, and I expect he will make a significant contribution to our investment capabilities.”
Agarwal has over 20 years of experience, most recently serving as Head of Residential, Consumer, and Commercial Credit at Western Asset Management (WAMCO), where he was responsible for managing more than $60B in structured products. In this role, he served as the Chief Investment Officer of Western Asset Mortgage Capital and converted the agency REIT to a hybrid REIT. He also built the company’s direct lending strategy and managed multiple credit and structured credit strategies and funds.
Agarwal will be based in Global Atlantic’s New York office and report to Dellaert.
“Global Atlantic is an impressive company that has experienced great growth, and I am honored to join this dynamic team,” said Agarwal. “I look forward to working with Gilles and the team to drive and execute on the company’s proven strategy.”
About Global Atlantic Financial Group Limited
Global Atlantic Financial Group Limited, through its subsidiaries, offers a broad range of retirement, life and reinsurance products designed to help our customers address financial challenges with confidence. A variety of options help Americans customize a strategy to fulfill their protection, accumulation, income, wealth transfer and end-of-life needs. In addition, Global Atlantic offers custom solutions and responsive service for the capital, risk and legacy-business management of life and annuity insurance companies.
Global Atlantic was founded at Goldman Sachs in 2004 and separated as an independent company in 2013. Its success is driven by a unique heritage that combines deep product and distribution knowledge with insightful investment and risk management capabilities, alongside a strong financial foundation of over $75 billion in assets as of September 30, 2018.
Global Atlantic Financial Group (Global Atlantic) is the marketing name for Global Atlantic Financial Group Limited and its subsidiaries, including Accordia Life and Annuity Company, Commonwealth Annuity and Life Insurance Company, Forethought Life Insurance Company and Global Atlantic Re Limited. Each subsidiary is responsible for its own financial and contractual obligations.
Variable annuities are sold by prospectus. The prospectus contains investment objectives, risks, fees, charges, expenses, and other information regarding the variable annuity contract and the underlying investments, which should be considered carefully before investing money. You can obtain a prospectus from your financial advisor or by visiting www.globalatlantic.com.
Annuities are issued by Forethought Life Insurance Company, 10 West Market Street, Suite 2300, Indianapolis, Indiana. Variable annuities are underwritten and distributed by Global Atlantic Distributors, LLC.