Rothesay Life is one of the leading providers of bulk annuities and de-risking solutions for defined benefit pension schemes and other life insurers in the UK.
Today the Group is pleased to announce the opening of a new subsidiary in the United States - Rothesay Asset Management US (RAM). RAM has been established to help the Group to source investment opportunities in the United States such as commercial real estate financing, commercial loans and asset-backed financing. RAM will be in based in Manhattan, New York.
Addy Loudiadis, CEO of Rothesay Life, said, “We are delighted that the Group has established a presence in the US market, which presents a multitude of attractive investment opportunities for our growing business. Our London-based presence gives us good reach across the European markets and with this new subsidiary we are aiming to become a larger participant in the US asset-backed financing market. We have strong ambitions to rapidly grow our participation.”