Matt Heintz has joined Angelo Gordon from J.P. Morgan Global Insurance Solutions, where he was the former head of North America.
Named to the new role of managing director and head of insurance in the client partnership group, Heintz will be leading the expansion of Angelo Gordon into investment management solutions for the insurance sector.
For the largest private markets groups in the world, insurance assets have been a popular business as of late, according to a recent AW Research report. Insurance CIOs, like other institutional investors have been increasing their allocations to alternative investment strategies in recent years.
At the $52 billion alternative investment firm Angelo Gordon, Heintz will lead the focus on investment management solutions for the insurance sector reporting to Alan Isenberg, who is the global head of the client partnership group.
“Matt has built numerous trusted partnerships with allocators in the insurance space, who deeply appreciate his product acumen and solutions orientation,” said Isenberg in a statement. “His impressive, multi-decade track record is a testament to his focus, integrity and industry knowledge. We look forward to his leadership in deepening engagement with current and prospective Angelo Gordon LPs.”
At J.P. Morgan Global Insurance Solutions, he offered insurance clients both traditional and alternative asset classes. Prior to that role he was a managing director and partner at Cardinal Investment Advisors, where he was an investment consultant to multiple insurance companies.
Heintz commented that he looked forward to working with the team at Angelo Gordon to bring differentiated sources of capital efficient return and income to insurance clients in using the firm’s market capabilities across real estate and credit.
Also working with Heintz is Angelo Gordon veteran and Managing Director Victoria Aston-Duff, who joined the firm in 2008 and is now focused on working with insurance clients.