(Bloomberg) — Riverside Risk Advisors hired Jason Leinwand, MetLife Inc.'s head of foreign-exchange trading and strategy, as clients seek to guard against risks amid turmoil in European markets.
Leinwand joins as a managing director and was at MetLife for nine years, New York-based Riverside said in a statement Monday. The firm works with investment banks, private-equity and law firms seeking derivative contracts tied to bonds, currencies and stocks, according to its website.
"The turmoil in Greece adds a deep layer of uncertainty and complexity for our clients across many financial markets," co-founder Joyce Frost said in the statement. Leinwand's "experience at sophisticated, complex and well-respected firms, such as MetLife, will benefit our clients tremendously."
Leinwand managed a $15 billion net equity hedge program across 20 countries, and helped shield MetLife from risks tied to the 2013 purchase of a Chilean pension fund manager, Riverside said on its website. MetLife is the largest life insurer in the U.S. and has worked to limit the risk of losses in nations such as Ukraine, Russia and Argentina.
