Axonic continues to expand suite of products within insurance solutions
(BUSINESS WIRE) -- 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 Michael Gordon, who will build out Axonic’s Insurance Solutions business.
Axonic’s Insurance Solutions business is focused on providing capital and investment solutions that match liabilities for the benefit of policyholders and other stakeholders. Mr. Gordon will be responsible for leading 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 US Chief Executive Officer and Group Chief Operating Officer at Lombard International.
“We are pleased to welcome Michael as a key addition to our leadership team during a time of increasing growth for our business. He brings invaluable experience that will benefit our longstanding institutional investors and support the development of new partnership and investment opportunities as we further grow our insurance platform,” said Clay DeGiacinto, Chief Investment Officer and Managing Partner of Axonic.
“Axonic's platform is well built to service the current and future needs of insurance companies 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.”
Prior to joining Lombard International, Mr. Gordon served as the Global Head of Insurance Solutions at BNY Mellon Investment Management. Prior to BNY Mellon, 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.
Mr. Gordon earned his B.A. in Philosophy from Colgate University.
About Axonic Capital
Founded in 2010, Axonic Capital offers commercial and residential real estate strategies, systematic fixed income and commercial lending strategies along with its structured credit expertise. Axonic Capital manages investment portfolios across Limited Partnerships, Separate Accounts, and two publicly registered Funds. The firm employs 56 professionals.
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