Newsroom

June 24, 2024

SLC Management launches SLC Global Insurance Group

New focus combines firm's long-standing heritage with extensive alternative investment capabilities, benefiting insurance companies globally

SLC Management Logo (CNW Group/SLC Management)

WELLESLEY, Mass. and NEW YORK, June 24, 2024 /CNW/ - SLC Management, the US$277 billion institutional fixed income and alternatives asset manager, is pleased to announce the launch of the SLC Global Insurance Group, a dedicated team focused on servicing the complex needs of the world's leading insurance companies with bespoke investment solutions.

"Bringing the SLC Global Insurance Group together is a natural extension of the work we've already been doing within the insurance space for the last several decades," said Brett Lousararian, Senior Managing Director, Head of Strategic Client Relationships, SLC Management. "Our deep insurance heritage combined with our diverse suite of investment capabilities has allowed us to create a highly differentiated and tailored experience for our clients, and we're excited to continue showcasing our unique value proposition within the insurance asset management space."

The SLC Global Insurance Group provides clients with access to a diverse array of investment capabilities and strategies across multiple asset classes while also leveraging the expertise and resources of the SLC Management companies, including SLC Fixed Income, BGO, Crescent Capital Group (Crescent) and InfraRed Capital Partners (InfraRed). With over 260 insurance clients and US$152 billion in AUM, the SLC Global Insurance Group delivers strategies in capital efficient structures that serve as critical building blocks for enhanced income and total return, downside risk mitigation and liquidity management.

Additionally, the firm is pleased to announce the following appointments: John Cassedy will be joining SLC Management as Managing Director, Insurance Business Development, effective July 1. Mr. Cassedy is joining from DWS Group, where he was head of insurance coverage for the Americas. Mr. Cassedy has over 30 years' experience in a variety of leadership roles across the industry and will focus on growing the firm's presence in the insurance channel. The firm has also recently added Amanda Geuss and Olivia Barden to the SLC Global Insurance Group. Both Ms. Geuss and Ms. Barden held insurance business development positions at BlackRock's Financial Institutions Group.

"I'm delighted to welcome John to SLC Management. Adding John's deep experience in working with insurance companies will be crucial in growing this segment of our business," added Mr. Lousararian. "With the team now in place, SLC Global Insurance Group will focus on accelerating our efforts on a number of different fronts - from evolving our insurance solutions platform to exploring partnership opportunities to deploy equity capital. We're excited to support a multitude of strategic initiatives for new and existing insurance clients."

To learn more about SLC Global Insurance Group, please visit the website.

About SLC Management

SLC Management is a global institutional asset manager that offers institutional investors traditional, alternative and yield-orientated investment solutions across public and private fixed income markets, as well as global real estate equity and debt. SLC Management is the brand name for the institutional asset management business of Sun Life Financial Inc. under which the entities of Sun Life Capital Management (U.S.) LLC in the United States, and Sun Life Capital Management (Canada) Inc. in Canada operate. These entities are also referred to as SLC Fixed Income and represent the investment grade public and private fixed income strategies of SLC Management. 

BGO, InfraRed Capital Partners (InfraRed), Crescent Capital Group (Crescent) and Advisors Asset Management (AAM) are also part of SLC Management. BGO is a leading, global real estate investment management advisor and a globally recognized provider of real estate services. InfraRed is an international investment manager focused on infrastructure, managing equity capital in multiple private and listed funds, primarily for institutional investors across the globe. Crescent is a global alternative credit investment asset manager registered with the U.S. Securities and Exchange Commission as an investment adviser. Crescent provides private credit financing (including senior, unitranche and junior debt) to middle-market companies in the U.S. and Europe and invests in high-yield bonds and broadly syndicated loans. AAM is an independent U.S. retail distribution firm that provides a range of solutions and products to financial advisors at wirehouses, registered investment advisors and independent broker-dealers.  

As of March 31, 2024, SLC Management has assets under management of US$277 billion (C$375 billion) and AAM represents an additional US$8 billion (C$11 billion) in assets under administration. 

For more information, please visit slcmanagement.com. 

SLC-20240614-3643107

Media Relations Contact
Hannah Stewart
Director, Communications & Media Relations, SLC Management
646-761-6344
hannah.stewart@slcmanagement.com

SOURCE SLC Management

About SLC Management

SLC Management is the brand name for the institutional asset management business of Sun Life Financial Inc. (“Sun Life”) under which Sun Life Capital Management (U.S.) LLC in the United States, and Sun Life Capital Management (Canada) Inc. in Canada operate.

Sun Life Capital Management (Canada) Inc. is a Canadian registered portfolio manager, investment fund manager, exempt market dealer and in Ontario, a commodity trading manager. Sun Life Capital Management (U.S.) LLC is registered with the U.S. Securities and Exchange Commission as an investment adviser and is also a Commodity Trading Advisor and Commodity Pool Operator registered with the Commodity Futures Trading Commission under the Commodity Exchange Act and Members of the National Futures Association.

BentallGreenOak, InfraRed Capital Partners (InfraRed), Crescent Capital Group (Crescent), and Advisors Asset Management are also part of SLC Management.

BentallGreenOak is a global real estate investment management advisor and a provider of real estate services. In the U.S., real estate mandates are offered by BentallGreenOak (U.S.) Limited Partnership, who is registered with the SEC as an investment adviser, or Sun Life Institutional Distributors (U.S.) LLC, an SEC registered broker-dealer and a member of the Financial Industry Regulatory Authority (“FINRA”) . In Canada, real estate mandates are offered by BentallGreenOak (Canada) Limited Partnership, BGO Capital (Canada) Inc. or Sun Life Capital Management (Canada) Inc. BGO Capital (Canada) Inc. is a Canadian registered portfolio manager and exempt market dealer and is registered as an investment fund manager in British Columbia, Ontario and Quebec.

InfraRed Capital Partners is an international investment manager focused on infrastructure. Operating worldwide, InfraRed manages equity capital in multiple private and listed funds, primarily for institutional investors across the globe. InfraRed Capital Partners Ltd. is authorized and regulated in the UK by the Financial Conduct Authority.

Crescent Capital Group is a global alternative credit investment asset manager registered with the U.S. Securities and Exchange Commission as an investment adviser. Crescent provides private credit financing (including senior, unitranche and junior debt) to middle-market companies in the U.S. and Europe, and invests in high-yield bonds and broadly syndicated loans.

Securities will only be offered and sold in compliance with applicable securities laws.

AAM is an independent U.S. retail distribution firm that provides a range of solutions and products to financial advisors at wirehouses, registered investment advisors and independent broker-dealers.

Website content

The content of this website is intended for institutional investors only. It is not for retail use or distribution to individual investors. All investments involve risk including the possible loss of capital. All asset classes have associated risks. Certain asset classes are speculative, can include a high degree of risk and are suitable only for long-term investment. Further information available upon request. This website is for informational and educational purposes only. Past performance is not a guarantee of future results.

The information contained in this website is not intended to provide specific financial, tax, investment, insurance, legal or accounting advice and should not be relied upon and does not constitute a specific offer to buy and/or sell securities, insurance or investment services. Investors should consult with their professional advisors before acting upon any information contained on this website. The assets under management (AUM) represent the combined AUM of Sun Life Capital Management (Canada) Inc., Sun Life Capital Management (U.S) LLC, BentallGreenOak, Crescent Capital Group, InfraRed Capital Partners, and Advisors Asset Management.

AUM as of March 31, 2025. Total firm AUM includes approximately $8B in cash, other, unfunded commitments, and Advisors Asset Management equity. Total firm AUM excludes $11 billion in assets under administration by AAM.

Currency conversion rate: USD $1.00 CAD $1.4387 as of March 31, 2025.

SLC Management Newsroom: SLC-20221101-2566004

UK Tax Strategy - InfraRed (UK) Holdco 2020 Limited

InfraRed (UK) Holdco 2020 Ltd is the UK holding company of InfraRed Partners LLP and a subsidiary of Sun Life (U.S.) Holdco 2020 Inc, which has its headquarters in the U.S. The company was incorporated to purchase InfraRed Partners LLP and acts solely as a passive holding company. The Tax Strategy for the InfraRed Holdco Group sets out our approach to the management of InfraRed Holdco Group UK tax affairs in supporting business activities in the UK. 

This UK tax strategy is published in accordance with the requirements set out in Schedule 19 of Finance Act 2016. The strategy, which has been approved by the Board of Directors of InfraRed (UK) Holdco 2020 Ltd, is effective for the period ending 31 December 2024. It applies to InfraRed (UK) Holdco 2020 Ltd and its dormant subsidiary Sun Life (UK) Designated Member Ltd, referred to as the “InfraRed Holdco Group”. InfraRed Holdco Group.