Invictus Capital Partners, an alternative credit asset manager, recently announced the launch of its new Insurance Solutions Business, which will be led by Senior Managing Director, Carl D. Bell.
The launch of the Insurance Solutions Business addresses the growing interest and inquiries from Invictus’s insurance company partners and prospects, demonstrating the firm’s dedication to meeting these evolving needs.
Leader of the new unit, Bell, has been with Invictus since 2015 and is a member of the firm’s Management and Investment Committees.
Bell noted: “We believe that the insurance industry is increasingly looking for diversification and new investment avenues. In particular, residential loans are the fastest-growing investment category for insurers since 2020, which shouldn’t be surprising given residential loans offer attractive yields, favourable risk-based capital treatment, and the potential for FHLB financing.”
Invictus Capital Partners has a proven history in residential loan investing, having acquired over 60,000 loans totalling more than $30 billion in balance since 2015, with plans for over $8 billion in new investments in 2024.
This extensive experience underscores the firm’s ability to utilise its investment and operational expertise to benefit the insurance sector.
“Invictus is excited to launch this new business, which will provide insurance clients with access to high-quality residential loans and the expertise and infrastructure needed to navigate the granular nature of this asset class,” commented Michael W. Warden, CEO of Invictus Capital Partners.
“We strategically built Verus Mortgage Capital, our affiliated operating platform, to provide our clients with the benefit of an advantaged position in sourcing and managing residential loans at an institutional scale,” further added Warden.
