Aeolus names new CEO amid leadership shuffle

Aeolus Capital Management, a Bermuda-based manager of insurance-linked securities (ILS), has shuffled its senior leadership, including the appointment of a new chief executive officer.

Andrew Bernstein, currently managing partner and co-head of portfolio management, will become CEO of Aeolus.

Additionally, Chris Grasso, managing partner and co-head of portfolio management, and Trevor Jones, managing partner, have been elected co-chairmen of the board.

Bernstein, Grasso and Jones comprise a management committee to oversee the day-to-day operations and strategic leadership of Aeolus on behalf of the board.

Bernstein and Grasso will also continue to serve as co-heads of portfolio management.

Furthermore, Frank Fischer, partner and chief analytics officer, has been elected to the board of directors. He has been with Aeolus since 2006 and plays a key leadership role within the firm.

Henry Kingham, portfolio manager, and Daina Casling, general counsel and chief compliance officer, have each been made partner. They join Evan Winters (partner and portfolio manager) and Jason McAlpine (partner, chief operating officer and chief financial officer).