SOURCE: Elanus Capital Management, LLC
NEW YORK, NY--(Marketwire - Sep 4, 2012) - Elanus Capital Management, LLC, a financial institutions focused alternative asset manager, is pleased to announce that Jerry M. de St. Paer has joined its Advisory Board with immediate effect.
Jerry is currently Executive Chairman of the Group of North American Insurance Enterprises (GNAIE), where he plays an integral role in seeking to influence insurance accounting and solvency standards, and serves as a director on the boards of SCOR's North American businesses.
"I have known and worked with Jerry for over a decade, and am delighted that he is bringing his extraordinary talents to the Advisory Board of ElanusCap," said David Mocklow, Principal and Head of Origination of Elanus. "Jerry is one of the industry's most accomplished executives, but even more importantly is a man of outstanding personal integrity."
"Elanus brings important and innovative solutions and products to alternative investments at a time of huge financial market dislocation," said Jerry. He continues, "I'm pleased to have the opportunity to contribute to their efforts, both in the US and globally."
Jerry has served as both a non-life and life insurance CFO during his career. He was Executive Vice President and CFO of XL Capital Ltd, Senior Executive Vice President and CFO of The Equitable Companies, and Directeur General Adjoint (EVP) of AXA in Paris. Prior to this, Jerry was an insurance investment banker at JP Morgan and Hudson International Advisors. He began his career in the Treasurer's Department of Standard Oil Company of New Jersey (now ExxonMobil Corporation).
Jerry serves on the International Accounting Standards Board (IASB) Advisory Council, the IASB's Insurance Working Group, and the PCAOB's Standing Advisory Group. He was a member of FASB's Advisory Council until the end of 2011. He is a Senior Advisory Partner of Grail Partners LLC, an advisory board member of the Emerging Managers Group, and a principal of Counterpoint Investment Partners, LLC.
Matthew Moniot, Principal and CIO of Elanus, added, "As if leading The Equitable through a recapitalization, landmark IPO and sale were not enough for one career, Jerry managed XL Capital though the P&C industry's most difficult hour -- and did so with grace and candor."
Elanus is an independent alternative asset manager focused on the global financial services industry. Elanus offers institutional and private investors access to alternative investment opportunities generating high absolute returns with low volatility and market correlation.