The business will be led by Alexander Schnieders (pictured), who will serve as Global Head, reporting to Laurent Rousseau, CEO of Europe, EMEA, and Global Capital Solutions.
The group has been established to expand Guy Carpenter’s offerings to C-Suite clients and to bring more capital to (re)insurance risks. The new team will help to raise funds, advise on investment and M&A transactions, create new market capacity, and support the formation of new companies.
Schnieders joins the company from Teneo Holdings, where he served as Head of the Financial Institutions Group and Co-Head of M&A. In this capacity, he managed all of Teneo’s US insurance activity. Schnieders has also held similar positions at Goldman Sachs and Perella Weinberg Partners.
Laurent Rousseau, CEO of Europe, commented: “The addition of a Capital & Advisory team to our already strong Global Capital Solutions unit, which includes cat bonds and other insurance-linked securities through GC Securities and legacy products through Global Risk Solutions, creates an offering that is unmatched in the industry. With Alexander’s extensive background and strong relationships, the team is well positioned to serve our clients.”
Schnieders himself added: “I am delighted to join Guy Carpenter in this newly created role. I have long-standing respect for the Guy Carpenter team and confidence we will provide clients a differentiated offering to help them achieve their risk, capital, and strategic goals.”