Practical primer clarifies access routes, liquidity, valuation, and due diligence for catastrophe-risk allocations

We are Hiring: Director for North America

Private markets are facing increased scrutiny, with regulators examining areas of market practice including continuation funds, and stakeholders are placing greater focus on transparency.

In this episode, the SBAI’s Brian Digney is joined by Stuart White, Board Director at the National Employment Savings Trust (NEST), Executive Director – Business Development at Impax Asset Management, and former CEO of HSBC Global Asset Management (UK). Drawing on more than 25 years in investment management and pensions, Stuart reflects on governance, long-term asset allocation and the evolving role of diversity in financial performance.

In this bonus episode, SBAI’s Brian Digney is joined by Jonathan Dimson, Senior Partner at McKinsey & Company in London, for a focused discussion on how ageing populations are reshaping public spending priorities across Europe.

In this episode, SBAI’s Brian Digney is joined by Jonathan Dimson, Senior Partner at McKinsey & Company in London, where he leads the firm’s defence work across Europe. Jonathan explores the rapidly evolving European defence landscape, from the shifting tone at the Munich Security Conference to the growing gap between the clarity of US strategy and the more cautious, less coordinated approach across Europe. Against a backdrop of conflict in Ukraine and the Middle East, defence preparedness is becoming an increasingly urgent priority for governments and investors alike.

This episode focuses on how Insurance-linked strategies are reshaping climate risk management. As extreme weather intensifies, insurers turn to capital markets, offering investors catastrophe bonds and other ILS instruments with diversification and returns uncorrelated to traditional assets.

In this episode, SBAI’s Brian Digney is joined by Richard Tomlinson, Chief Investment Officer of Local Pensions Partnership Investments (LPPI), to discuss what it takes to build a modern institutional investment organisation in an increasingly complex global environment.

This episode brings together key figures from our global network to talk about private market valuations, including the important work that the SBAI has undertaken to strengthen practices in this space through the production of standards and guidance.

In this episode, the SBAI’s Brian Digney is joined by Leda Braga, CEO of Systematica Investments, and Ben Dixon, the firm’s General Counsel and CCO. Together, they explore one of the least understood but most consequential parts of operational risk: how investment managers define, manage and report trade errors.

Insurance-linked strategies (ILS) have emerged as a unique asset class within institutional portfolios. But what makes them compelling, what risks do they carry, and how has the SBAI helped build confidence in this space?

In this episode, SBAI’s Brian Digney is joined by Chantal Berendsen, Partner and Senior Hedge Fund IDD Analyst at Albourne Partners (an independently owned, non-discretionary, global investment consultant specialising in alternatives assets), and Richard Lowther Managing Partner and Co-Founder of Integral ILS (an independent alternative investment manager, focused on natural catastrophe (re)insurance), to explore the fascinating world of insurance-linked securities (ILS).

In this episode, Brian Digney is joined by Ben Gedye and Josh Madeiros from K2 Credit to explore the rising role of portfolio credit insurance as a risk management tool in private credit and debt markets. As traditional banks scale back lending, private asset managers are stepping in — and with that shift comes the need for sophisticated ways to hedge credit risk.

In this episode, Brian Digney speaks with Mike Butcher, Head Underwriter at K2 International, about specialised insurance for asset managers. They discuss key coverages—D&O, errors and omissions, crime, cyber, and employment practices liability—and how these protect both firms and individuals.

This episode is part of the ongoing SBAI and Morgan Lewis Regulatory Compliance podcast series, co-hosted by Christine Ayako Schleppegrell, Partner at Morgan Lewis, and Brian Digney, Research and Content Director at the SBAI.