New Ocean Capital Management News

AXA XL Buys 100% of New Ocean to Build Alternative Capital Business

AXA XL’s reinsurance operation has completed the acquisition of all third party ownership interests in its majority-owned asset management affiliate, New Ocean Capital Management Ltd. Financial details of the transaction were not released. New Ocean is now a wholly owned …

XL Catlin Names Brookman Sr. VP, Alternative Capital, in Newly Created Role

XL Catlin has appointed Daniel Brookman as senior vice president, Alternative Capital, a newly created role. Brookman was previously head of Capital Markets at Montpelier Re Holdings Ltd. where he developed and managed account investment strategies for major institutional investors. …