-
Summary
Long buoyed by a low interest rate environment, private credit has remained a material piece of insurer portfolios despite the current high interest rates. This is the opposite of what many experts had predicted, so join us as we delve into the intricate terrain of private credit utilization by insurers. This webinar will explore geographical trends in private credit investing, examine exposures within the context of strategic asset allocation, discuss how market structure is changing, the impact on public credit and future hypotheticals. During our session, our panel will discuss a variety of topics, including:
- The benefits of investing in private placements
- Performance and risk in today’s environment
- Impact on public bond markets
- What factors drive differentiated outcomes in private placement
Moderator
S&P Global Market Intelligence
Chris Winter
S&P Global Market Intelligence
Associate Director, Insurance
Chris Winter is one of the insurance leaders in the Market Intelligence division at S&P Global.
Chris Winter is the North America Insurance solutions lead for S&P Global Market Intelligence. In this role, Chris helps insurance clients utilize the full suite of solutions offered by S&P, such as financial data, credit risk solutions, data feeds, and more, while specializing in the NAIC Statutory and Rate Filings products. He holds a Bachelor of Arts in History and English from the University of Virginia and an MBA from the College of William & Mary.
Speaker
Liz Perenick, FSA, CFA
Managing Director and Head of Portfolio Management – Private Placements
Tim Antonelli, CFA, FRM, CAIA, SCR
Managing Director and Head of Multi-Asset Strategy – Insurance
Tim identifies, shares, and acts upon the major business trends affecting insurers and their investments across all asset classes. Having regular interaction with insurance industry regulators, rating agencies, and trade organizations, he synthesizes information on capital management, regulatory changes, and (increasingly) ESG and climate implications that drive insurers’ investment behavior and decisions. He also serves as a portfolio manager for bespoke multi-manager investment solutions for insurers.
Tim identifies, shares, and acts upon the major business trends affecting insurers and their investments across all asset classes. Having regular interaction with insurance industry regulators, rating agencies, and trade organizations, he synthesizes information on capital management, regulatory changes, and (increasingly) ESG and climate implications that drive insurers’ investment behavior and decisions. He also serves as a portfolio manager for bespoke multi-manager investment solutions for insurers. Tim earned his BS in both finance and accounting, magna cum laude, from Northeastern University. He holds the Chartered Financial Analyst designation and is a member of the CFA Institute and the CFA Society Boston. He holds the Financial Risk Manager designation, the Sustainability and Climate Risk certification, and is a member of the Global Association of Risk Professionals. He also holds the Chartered Alternative Investment Analyst designation and is a member of the CAIA Association.
S&P Global Ratings
Evan M. Gunter
S&P Global Ratings
Lead Research Analyst, Private Market Analytics
As the lead research analyst for private markets, Evan Gunter is responsible for developing and expanding S&P Global Ratings’ research and insights into private credit, and its role in the broader credit universe. He serves as the Co-Chair of the cross-divisional S&P Global Private Debt Research Lab.
As the lead research analyst for private markets, Evan Gunter is responsible for developing and expanding S&P Global Ratings’ research and insights into private credit, and its role in the broader credit universe. He serves as the Co-Chair of the cross-divisional S&P Global Private Debt Research Lab.
Evan has more than 15 years of experience with S&P Global Ratings, much of it with the credit markets research team, where he has led research on ratings performance (including corporate credit and CLOs), corporate refinancing demands, and post-default recoveries.
Evan received his bachelor’s degree from the University of Alabama and his MBA from New York University.
S&P Dow Jones Indices
Jennifer Schnabl
S&P Dow Jones Indices
Head of Global Fixed Income Indices
Jennifer Schnabl is Head of Global Fixed Income Indices at S&P Dow Jones Indices (S&P DJI), where she leads the strategy, production and commercialization of S&P DJI’s global fixed income products across the Americas, EMEA and APAC. In this capacity, Jennifer focuses on growing the fixed income index and ETF product set across a broad spectrum of clients including asset managers, pensions and ETF issuers. Jennifer has over 15 years of experience in fixed income, including roles in sales, strategy, business development and ETF capital markets across the sell-side and the buy-side.
Prior to joining S&P DJI, Jennifer spent several years focused on fixed income ETFs at BlackRock iShares and State Street, where she worked heavily with the liquidity provider and broker dealer community to grow and enhance the fixed income ETF ecosystem. She also held roles in fixed income investment strategy and speaks regularly on various media outlets. Earlier in her career, Jennifer spent over 10 years at Goldman Sachs in the Fixed Income, Currencies and Commodities Division, where she was responsible for developing financial solutions across credit derivatives, foreign exchange and structured credit for a range of clients including hedge funds, pension funds and reinsurance companies.
Jennifer earned an MBA with a focus on financial engineering from MIT Sloan and holds a Bachelor of Science from Purdue University.
Event Support