AGENDA

Susan Brewster is a senior managing director and team lead on the fixed income team at PPM America, Inc. (PPM). She is responsible for the credit coverage and investment recommendations for the E&P and oil field services sectors of the energy industry. She also manages a team of analysts focused on the coverage and analysis of other subsectors in the energy industry, as well as metals & mining and utilities for potential investment in various portfolios managed on behalf of investors globally. Susan joined the credit research team in 2000, from PPM’s private investments team where she was a portfolio administrator. Prior to joining PPM in 1997, she was a staff auditor at Ernst & Young and worked in treasury and capital markets audit at ABN AMRO. Susan earned a master’s degree in business administration with a concentration in finance from Northwestern University and a bachelor’s degree in accounting from Miami University. She is a CFA® charter holder and has earned the CFA Institute Certificate in ESG Investing.

Angela Cantillon is currently Vice President, Investments and Enterprise Treasury for Wawanesa Mutual Insurance Company, a Canadian P&C company. She is responsible for co-leading the management of $7 billion of enterprise-wide invested assets in addition to leading the enterprise-wide Treasury function. Prior to joining Wawanesa, she was an Associate Partner at Aon Hewitt Investment Consulting. While at Aon, she managed the Chicago hedge fund team and was responsible for working with a number of large institutional clients on the construction of direct hedge fund portfolios. Prior to Aon Hewitt, Angela held a number of roles as both a consultant and allocator.

She holds a MBA from the University of Chicago Booth School of Business and a B.S. degree in Finance from Northern Illinois University. She is a CFA charter holder, a CAIA charter holder, and is a member of the CFA Society of Chicago. Additionally, she volunteers her time with the Illinois Children’s Healthcare Foundation, is an active volunteer at her son’s primary school and has held various volunteer roles in community organizations on the Northwest side of Chicago.

Nízida Arriaga, Head of Fixed Income Investments at The Auto Club Group (ACG), is responsible for sourcing, managing, and monitoring the public and private fixed-income investments of the Auto Club Group. 

Nízida has worked in investments in the financial services industry for nearly 30 years, including managing insurance and pension assets.  She has held leadership roles at Nuveen Investments, Allstate, and Wespath Benefits and Investments. 

She received an MBA from the University of Wisconsin-Madison and is a board member of the School of Business External Dean Advisory Board.  She has a bachelor's degree in Finance and Economics from the University of Puerto Rico and is a Chartered Financial Analyst.

Xiaowei Han joined TIAA as the Head of ALM in February 2019, where she leads the asset liability management function. Her team focuses on liability-driven investment strategies, interest rate risk management, economic capital framework, dividend optimization, stress testing, asset and derivatives modeling, economic scenario generation, and supporting various corporate initiatives.

Before joining TIAA, Xiaowei worked for Transamerica since 2008, gaining deep experience in variable and fixed annuities, universal life, retirement & pension, and institutional businesses. She led the universal life valuation and modeling functions and also headed the Enterprise ALM function, which focused on holistic hedging, ALM analytics and strategies, capital management, asset and derivatives modeling, and ALM reporting across all lines of business. Prior to this, she worked as a Financial Risk Manager responsible for identifying financial risk in ALM/hedging strategies, modeling, and pricing related to annuities, retirement, and institutional businesses. Her other responsibilities at Transamerica included managing general account investments and hedging programs, liquidity management, designing and implementing variable annuity hedging strategies, reinsurance, capital initiatives, as well as statutory reporting for variable and fixed annuities.

Xiaowei holds a Master of Science degree in actuarial science from the University of Iowa, a Master of Science degree in physical chemistry from Nanjing University, and a Bachelor of Science degree in chemistry from Nanjing University. Additionally, she attained the following designations: Fellow of the Society of Actuaries (FSA), Chartered Financial Analyst

(CFA®) charter holder, and Member of American Academy of Actuaries (MAAA).

Kim Monstvil is a senior managing director and portfolio manager on the fixed income team at PPM America, Inc. (PPM). She is responsible for acquisition due diligence, client cash management, and working with asset class managers to achieve client objectives for accounts managed on behalf of the firm’s insurance clients. Prior to joining PPM in 1997, Kim was responsible for asset and liability management for the pension asset accumulation business and assisted with the liability management of the guaranteed interest contract portfolio at Aetna, Inc. Kim earned a master’s degree in business administration from the University of Chicago and a bachelor’s degree in finance from the University of Michigan. She holds the Fellow of the Society of Actuaries designation (FSA).

Mahir is a Senior Economist leading macro research, forecasting, and scenario analysis on the US economy. He supports Swiss Re's strategic planning and asset allocation with respect to market developments and the economic environment, and frequently speaks on economic related topics. His research includes monthly and quarterly US economic outlooks, along with frequent economic insights on current events and developments in the macro environment. Mahir is a key contributor to Swiss Re's flagship sigma reports – a research series on the insurance industry and macroeconomic trends. He has been cited in the Wall Street Journal, Bloomberg, NPR, and other financial media outlets.

Mahir holds a master's degree from New York University and a bachelor's degree from Pace University.

Greg serves as Director of Insurance Solutions, focusing on general portfolio strategies, asset allocation and risk management solutions for the insurance industry, both traditional and in the world of alternative risk transfer. In 2023, 2022 and 2021, he was recognized by Captive International as Insurance Asset Manager of the Year, and in 2024, made entry into Captive Review’s Global Power 50. He also serves as a faculty member for the International Center for Captive Insurance Education. Greg began his career in 1987 and has served as Senior Portfolio Manager for the Institutional Asset Management arms of both SunTrust and Bank of America with a specialization in insurance company portfolio management. From there, he served as Managing Director and Chief Investment Officer for Sovereign Advisers and Lead Strategist and Director of Fixed Income for Boyd Watterson Asset Management. Greg earned a BS in Economics from the University of North Carolina at Chapel Hill and is a member of the CFA Institute.

Robert F. Cataldo serves as Vice President and Chief Investment and Strategy Officer.

Mr. Cataldo joined UFG as a Senior Portfolio Manager in 2011. In 2015, he was promoted to Assistant Vice President. In 2018, he was named Vice President and Strategy Officer. In 2020, Robert was elected Vice President and Chief Investment and Strategy Officer.

Mr. Cataldo holds a BA in Economics from the University of Notre Dame and an MBA from Drake University. He also holds the Chartered Financial Analyst (CFA) professional designation.

Xiaowei Han joined TIAA as the Head of ALM in February 2019, where she leads the asset liability management function. Her team focuses on liability-driven investment strategies, interest rate risk management, economic capital framework, dividend optimization, stress testing, asset and derivatives modeling, economic scenario generation, and supporting various corporate initiatives.

Before joining TIAA, Xiaowei worked for Transamerica since 2008, gaining deep experience in variable and fixed annuities, universal life, retirement & pension, and institutional businesses. She led the universal life valuation and modeling functions and also headed the Enterprise ALM function, which focused on holistic hedging, ALM analytics and strategies, capital management, asset and derivatives modeling, and ALM reporting across all lines of business. Prior to this, she worked as a Financial Risk Manager responsible for identifying financial risk in ALM/hedging strategies, modeling, and pricing related to annuities, retirement, and institutional businesses. Her other responsibilities at Transamerica included managing general account investments and hedging programs, liquidity management, designing and implementing variable annuity hedging strategies, reinsurance, capital initiatives, as well as statutory reporting for variable and fixed annuities.

Xiaowei holds a Master of Science degree in actuarial science from the University of Iowa, a Master of Science degree in physical chemistry from Nanjing University, and a Bachelor of Science degree in chemistry from Nanjing University. Additionally, she attained the following designations: Fellow of the Society of Actuaries (FSA), Chartered Financial Analyst

(CFA®) charter holder, and Member of American Academy of Actuaries (MAAA).

Angela Cantillon is currently Vice President, Investments and Enterprise Treasury for Wawanesa Mutual Insurance Company, a Canadian P&C company. She is responsible for co-leading the management of $7 billion of enterprise-wide invested assets in addition to leading the enterprise-wide Treasury function. Prior to joining Wawanesa, she was an Associate Partner at Aon Hewitt Investment Consulting. While at Aon, she managed the Chicago hedge fund team and was responsible for working with a number of large institutional clients on the construction of direct hedge fund portfolios. Prior to Aon Hewitt, Angela held a number of roles as both a consultant and allocator.

She holds a MBA from the University of Chicago Booth School of Business and a B.S. degree in Finance from Northern Illinois University. She is a CFA charter holder, a CAIA charter holder, and is a member of the CFA Society of Chicago. Additionally, she volunteers her time with the Illinois Children’s Healthcare Foundation, is an active volunteer at her son’s primary school and has held various volunteer roles in community organizations on the Northwest side of Chicago.

Nízida Arriaga, Head of Fixed Income Investments at The Auto Club Group (ACG), is responsible for sourcing, managing, and monitoring the public and private fixed-income investments of the Auto Club Group. 

Nízida has worked in investments in the financial services industry for nearly 30 years, including managing insurance and pension assets.  She has held leadership roles at Nuveen Investments, Allstate, and Wespath Benefits and Investments. 

She received an MBA from the University of Wisconsin-Madison and is a board member of the School of Business External Dean Advisory Board.  She has a bachelor's degree in Finance and Economics from the University of Puerto Rico and is a Chartered Financial Analyst.

Hannah Snow is a Portfolio Manager on the Global Fixed Income team within the Investment Management group at MassMutual. Reporting to the Head of Global Fixed Income, she is responsible for overseeing corporate credit investments in MassMutual’s $250 billion general investment account with a focus on private credit across the quality spectrum. Prior to MassMutual, Hannah worked at Citizens Financial Group on a team focused on investment in high yield term loans. Hannah holds a Bachelor of Science in Economics and Finance from Bentley University in Waltham, Massachusetts and is a CFA charterholder.

George Fikaris is a Managing Director at EnTrust Global and serves as an Investment Analyst for the firm’s Blue Ocean strategy. Mr. Fikaris joined the firm as a Managing Director in May 2019 and has 18 years of experience in the industry. Before joining the firm, Mr. Fikaris was a Vice President of Finance at Gener8 Maritime Inc., where he was responsible for investor relations and business development. Mr. Fikaris also worked at Jefferies as an investment banker covering the maritime industry, and at CIT Bank, where he helped build the maritime loan portfolio. Mr. Fikaris holds an MBA from Georgetown University’s McDonough School of Business and a BS in Business Administration from The College of New Jersey.

Maya Sibul is a Reporter and Content Producer at Clear Path Analysis. She works across InsuranceInvestor.com and FundOperator.com, conducting interviews and writing news analysis pieces. She previously worked in financial services and editorial.

Todd M. Campbell is President and Chief Executive Officer of Builders Insurance, an A.M. Best “A” rated mutual captive company located in Atlanta, Georgia.  Builders is a super-regional insurer operating in 20+ states and its surplus lines carrier is licensed in 49 jurisdictions in America. Builders, with $360 million in surplus and $1.1 billion in assets under management, $245+mm in annual premium and 200 employees, has been an integral part of the Worker’s Compensation, General Liability and Commercial Insurance markets in the Southeast for 32 years.

Todd also serves as Chair of the Board of Directors of Sagicor Life Insurance company, part of the Sagicor group, a 150-year-old insurer based in Barbados and Bermuda, and publicly traded on the Toronto Stock exchange. He also serves as chair of the Sagicor Investment and Risk board committee, with $5+ billion in assets under management.

Todd attended Appalachian State University as an undergraduate and received a law degree from Mercer University’s Woodruff School of Law in Georgia.

As Managing Director and Institutional Consulting Director, George has dedicated his entire career to serving the specialized needs of institutional clients. He is responsible for shaping strategic policy, combining his deep knowledge of the global financial markets with keen insights about upcoming market trends. These insights guide important decisions impacting portfolio optimization and investment manager selection. They also serve as the foundation of his highly anticipated capital markets webinars, which are presented quarterly to several hundred clients and industry insiders.

An education advocate, George has always been committed to advanced learning – for himself and his clients. An alumnus of North Illinois University, George earned the prestigious designation of Certified Investment Management Analyst (CIMA®) from the University of Pennsylvania’s Wharton School of Business in 1997. He attained the Alternative Investments Director designation in 2014. As a Consulting Group Associate, he pioneered the institutional consulting program in the firm’s Barrington, Illinois, branch. In 1990, he became a Consulting Group Director, focusing on key institutional relationships. He is also a member of the Investment Management Consultants Association and has served on the board and on the Best Practices committee of the Association of Professional Investment Consultants.

A strong believer in giving back, George is passionate about community service, particularly issues of justice and poverty. He has made regular humanitarian trips to Cuba, and actively volunteers for a number of nonprofit agencies, including Bright Hope International, International Justice Mission, and World Relief.

In recognition for his dedication to his community and his clients, George has received numerous distinctions and professional accolades throughout his career. In 2011, Registered Rep magazine awarded George the “Altruism Award: Advisors with Heart,” honoring advisors who exemplify the highest standards of professionalism and are active in charitable giving and mentoring. In 2013, George was awarded the Community Leadership Award by Morgan Stanley for his efforts in eradicating human trafficking around the globe and was also awarded the firm’s John J. Mack Leadership Award, recognizing his efforts to put clients first, lead with exceptional ideas, act with integrity, and be generous with his time, resources, and talents. From 2016 to 2023, George and his Graystone team have been recognized as one of BARRON’S Top Institutional teams*.
George is often invited to speak at various industry conferences. The conference hosts include the College & University Business Officers, Healthcare Financial Management Association, American Property Casualty Insurance Association, Wisconsin Health and Educational Facilities Authority, and Minnesota Higher Education Facilities Authority to name a few.

2016-2023 Barron's Top 100 Institutional Consulting Teams (formerly referred to as Barron's Top 50 Institutional Consulting Teams, Barron's Top 50 Institutional Consultants, Barron's Top 30 Institutional Consultants) Source: Barrons.com (April 2016-2022) Barron’s Top 100 Institutional Consulting Teams ranking awarded in 2016-2023. Each ranking was determined based on an evaluation process conducted by Barron’s which concluded in December of the previous year the award was issued having commenced in December of the year before that. Neither Morgan Stanley Smith Barney LLC nor its Financial Advisors or Private Wealth Advisors paid a fee to Barron's to obtain or use the ranking. This ranking is based on in-person and telephone due diligence meetings to

Ms. Mueller Handal joined Bayview Asset Management in 2023 to establish and lead the newly formed Insurance Asset Management group. Prior to joining Bayview, Ms. Mueller Handal was a Senior Managing Director and EVP at MetLife Investment Management, where she served as Global Head of Private Fixed Income and Alternatives from 2019 to 2023. In this role, Ms. Mueller Handal was responsible for private credit, infrastructure, private ABS, residential whole loan investment and securitization, alternative investments, investment management oversight, workouts, sustainable investment strategies and index strategies. From 2015 to 2019, she led the Global Structured Products and Alternatives groups at MetLife having advanced through numerous roles from 2000 to 2015 including the head of structured finance and alternatives, the head of RMBS, agency and non-agency RMBS trader and portfolio manager, and global ABS credit analyst. Some of her recent accomplishments featured growing the third party asset management business, including overseeing the establishment of a private equity fund of funds, building out a private ABS platform and building an Insurance industry leading residential whole loan platform.

Ms. Mueller Handal serves as the Chair of the Structured Finance Association’s Board of Directors and sits on the board of the Structured Finance Foundation. Prior to joining Bayview, she served as a member of the US Treasury Borrowing Advisory Committee (TBAC), which involved providing market feedback to the Treasury Department and Federal Reserve Board of Governors on a variety of fundamental and technical debt-related topics. In 2019, she received the Reggie Imamura Award for Outstanding Contribution to the Structured Finance Industry and in 2016 she was the MetLife recipient of Working Mother Magazine’s Working Mother of the Year.

Nancy received a Master of Business Administration with a concentration in Finance and Accounting from The University of Rochester’s Simon School of Business and a Bachelor of Arts degree in Economics and Philosophy from The University of Michigan. Ms. Mueller Handal holds the Chartered Financial Analyst designation.

Larry Holzenthaler is responsible for the day-to-day implementation and management for several of First Eagle Alternative Credit’s strategies alongside the portfolio management team and FEAC’s chief investment officer. Larry is also an alternative credit market expert, working closely with First Eagle distribution channels to provide investors insights on FEAC’s investment positioning, market views, and products.  Prior to joining First Eagle, Larry was a managing director and investment strategist at Nuveen Asset Management, and prior affiliate Symphony Asset Management. Larry earned a BS in finance from Arizona State University.

Andrew (Andy) Payne has more than 30 years of leadership experience in credit risk and portfolio management. As Chief Credit Officer for Corebridge’s Investments organization, Andy has credit oversight of Corebridge’s Investment Portfolio across all asset classes and leads the Investment Credit team. He joined Corebridge in 2014 as non-Americas Head of Investment Credit in the Enterprise Risk Management (ERM) department and in 2017 was appointed as ERM Head of Investments Credit. Prior to Corebridge, Andrew spent 24 years at Barclays in various leadership positions in credit risk and portfolio management, structuring, treasury and corporate and real estate lending.

Andy received his MBA from the London Business School and a Bachelor of Arts degree (Hons) in Chemistry from the University of Oxford. He is a former Board Member of the International Association of Credit Portfolio Managers.

Maya Sibul is a Reporter and Content Producer at Clear Path Analysis. She works across InsuranceInvestor.com and FundOperator.com, conducting interviews and writing news analysis pieces. She previously worked in financial services and editorial.

Justin Hook, CFA has a diverse work experience spanning over 15 years. Justin currently serves as a Senior Director, Portfolio Manager at Legal & General America since July 2023. Prior to this, they worked at AllianceBernstein for 10 years where they held various roles including Vice President, Portfolio Analyst - US Multi-Sector / Securitized from August 2019 to August 2023, and Vice President, Senior Associate Portfolio Manager - High Yield Credit from March 2013 to August 2019. Justin also has experience as a co-founder of Fitnus, a community-powered app that promotes healthy living through connecting fitness-focused individuals, from May 2015 to September 2016. Justin started their career as a Fixed Income Market Specialist at Bloomberg from April 2010 to March 2013 and previously worked as an Analyst at GMAC Commercial Finance from August 2008 to April 2010.

As Head of Investment Strategy for Corebridge’s Investments organization, Farhad Mian is responsible for investment strategy, strategic asset allocation optimization and investment planning for the overall investment portfolio, as well as aligning new asset origination strategy to support new business growth and strategic transactions across Corebridge Financial.

Farhad has 25 years of experience in insurance and asset management industry. Prior to joining AIG in 2014, Farhad held various leadership roles at AmerUs, Aviva and Athene. These include Head of Risk Management for the North American asset management business, Vice President of Asset/Liability Management and Director of Risk Management.

Farhad previously held visiting faculty position as Adjunct Professor of Finance at Drake University.
Farhad received his Bachelors’ degree in Finance, Master’s degree in Financial Management and MBA from Drake University and holds a Certificate in Quantitative Finance. He is a CFA® and CAIA® charterholder, and holds additional professional risk management designations of FRM, PRM, and CRP. 

Greg serves as Director of Insurance Solutions, focusing on general portfolio strategies, asset allocation and risk management solutions for the insurance industry, both traditional and in the world of alternative risk transfer. In 2023, 2022 and 2021, he was recognized by Captive International as Insurance Asset Manager of the Year, and in 2024, made entry into Captive Review’s Global Power 50. He also serves as a faculty member for the International Center for Captive Insurance Education. Greg began his career in 1987 and has served as Senior Portfolio Manager for the Institutional Asset Management arms of both SunTrust and Bank of America with a specialization in insurance company portfolio management. From there, he served as Managing Director and Chief Investment Officer for Sovereign Advisers and Lead Strategist and Director of Fixed Income for Boyd Watterson Asset Management. Greg earned a BS in Economics from the University of North Carolina at Chapel Hill and is a member of the CFA Institute.

Matt is the director of private market strategies for Shelter Insurance Companies, a P&C and Life insurer based in Columbia, Mo. The alternative investment portfolio represents approximately 20% of the firm’s $6.5 billion in insurance and corporate pension assets, focused on private equity, real estate and private credit. Matt is a CFA charterholder, has a B.A. in English from Davidson College and an MBA from the University of Missouri. He joined Shelter in 2010 and continues to recover from an earlier career as a sports journalist.

Brian Manczak is a senior managing director, portfolio manager and head of insurance solutions on the fixed income team at PPM America, Inc. (PPM). He is responsible for overseeing the management of Jackson National Life Insurance Company’s general account and is responsible for asset allocation, capital management, risk management and the evaluation of new asset classes for the general account. Additionally, Brian is a portfolio manager for the Jackson National Life Insurance Company’s investment grade corporate bond portfolio. Previously, he was a senior member of PPM’s investment grade private credit team.
Prior to joining PPM in 2008, Brian worked in the investment banking department at Lehman Brothers and began his career at
Arthur Andersen. He earned a master’s degree in business administration from the University of North Carolina and a bachelor’s degree in accounting and finance from Miami University (Ohio). He is a CFA® charterholder.

Mahir is a Senior Economist leading macro research, forecasting, and scenario analysis on the US economy. He supports Swiss Re's strategic planning and asset allocation with respect to market developments and the economic environment, and frequently speaks on economic related topics. His research includes monthly and quarterly US economic outlooks, along with frequent economic insights on current events and developments in the macro environment. Mahir is a key contributor to Swiss Re's flagship sigma reports – a research series on the insurance industry and macroeconomic trends. He has been cited in the Wall Street Journal, Bloomberg, NPR, and other financial media outlets.

Mahir holds a master's degree from New York University and a bachelor's degree from Pace University.