Golub Capital hopes to expand its insurance investment banking business.
The New York-based firm has hired Jennifer Potenta to be its managing director, head of insurance solutions.
Potenta will help sell capital-raising and asset-management services to insurers around the world.
Potenta previously was global head of private fixed income and alternatives at MetLife. While there, she managed a $120 billion portfolio of private debt and private equity investments.
What it means: Investment firms continue to look to life and annuity issuers as a great target market.
Golub Capital: Golub has specialized in managing private equity assets, private credit assets and broadly syndicated loan programs. It also has big collateralized loan obligation and business development company programs.
