Axonic Capital, New York-based structured credit, commercial real estate, and systematic fixed income specialist with $4.8 billion in assets under management, announced the addition of insurance expert Michael Gordon, who will build out Axonic’s Insurance Solutions business.
What is Gordon’s industry expertise?
Axonic’s Insurance Solutions business is focused on providing capital and investment solutions that match liabilities for the benefit of stakeholders. Mr. Gordon will lead Axonic’s insurance investments, strategic partnerships, and other transactions with insurance companies.
Mr. Gordon has over two decades of experience predominantly focused within the insurance and investment management markets. Prior to joining Axonic Mr. Gordon was United States Chief Executive Officer and Group Chief Operating Officer at Lombard International.
Prior to joining Lombard International, Mr. Gordon served as the Global Head of Insurance Solutions at BNY Mellon Investment Management. He was an executive at New York Life Insurance Company, leading investment and insurance product management, including sales and marketing, actuarial, operational, and technology functions, as well as overseeing the Broker Dealer and the Registered Investment Advisor for the U.S. life insurance business.
What were the executive’s thoughts on the appointment?
“We are pleased to welcome Michael as a key addition during a time of increasing growth for our business,” said Clay DeGiacinto, Chief Investment Officer and Managing Partner of Axonic.
“He brings invaluable experience that will benefit our longstanding institutional investors and support the development of new partnership and investment opportunities as we grow our platform. Axonic’s platform is well built to service the current and future needs of insurance firms leveraging our extensive expertise across commercial real estate and structured credit.”
“The Axonic Insurance Solutions Business will partner with leading insurers to develop portfolios with high-quality investments that generate attractive risk-adjusted returns for insurers, policyholders, beneficiaries and other stakeholders.” DeGiacinto further said.
Mr. Gordon earned his B.A. in Philosophy from Colgate University.