CHICAGO–(BUSINESS WIRE)–PPM America, Inc. (PPM) today announced the addition of senior managing director, Andrew Coupe, who will lead the firm’s newly expanded US Insurance distribution efforts. Andrew joins the firm’s four-person distribution team led by Eric Maskalunas, executive vice president. Based in New York, Andrew joins from NEPC, LLC and brings over 15 years of asset management experience, with specialized knowledge working with insurance clients.
“Andrew will serve as an important addition to our team as we continue to augment our US Insurance capabilities, which have historically focused on investing for our US affiliate’s general account assets,” said Craig Smith, CFA, president, chief executive officer and chief investment officer at PPM. “Andrew joins us at a pivotal time as we continue our expansion plans to extend the firm’s offerings to institutional investors in the US. Andrew’s experience working across all aspects of the insurance industry allows us to expand our US institutional platform with a targeted focus for insurance investors. We look forward to having him join our team and are confident that his experience will strengthen our presence in the space.”
Prior to joining PPM’s distribution team, Andrew led the insurance investment consulting practice at NEPC, LLC and was responsible for new business development, strategic asset allocation, and manager due diligence and monitoring. Previously, he was a senior investment consultant at Willis Towers Watson. Andrew earned a master’s degree in finance from St. Thomas Aquinas College and a bachelor’s degree in biochemistry from the University of Leeds in England.
PPM has been managing insurance assets for over 30 years, and currently manages $69.46 billion globally across asset classes for insurance clients.1 PPM’s new direct, insurance-focused distribution capability will target the growing US life insurance segment, will support the firm’s third-party asset management growth efforts, and will strive to meet evolving client demands.
Through a deliberate planning process over the past several years, PPM has expanded its investment solutions, and evolved its investment teams, client services professionals and operational infrastructure to position PPM to serve a broader base of institutional investors. Today, the firm has a robust, sophisticated, and scalable infrastructure to develop and manage a variety of distinctive investment capabilities across public fixed income, commercial real estate debt, CLOs, private placements, and private equity.
About PPM America
Our mission is to be indispensable to our clients.
Founded in 1990, PPM America, Inc. (PPM) is a US-based institutional asset manager with $86.93 billion in assets under management as of 31 March 2021. We have the expertise to provide investment solutions in public fixed income, private equity, commercial mortgage loans and private debt. Our investment approach is guided by team-based values and our firm size allows us to remain nimble and investment-led. For more information about PPM, please visit PPM America’s website at: www.ppmamerica.com.
1 As of 31 March 2021. AUM includes committed but unfunded capital for PPM’s private equity and commercial real estate businesses.