Core Insights - Westaim Corporation has appointed Andrew Rabinowitz as President and General Counsel of Arena Investors Group Holdings, following a strategic transaction with CC Capital to integrate Arena and Ceres Life into a unified insurance and asset management platform [1][4]. Company Overview - Westaim is an integrated insurance and alternative asset management company with two primary operating businesses: Ceres Life and Arena [4]. - Ceres Life is a cloud-native, scalable annuity insurance company focused on providing accessible annuity products [5][10]. - Arena, founded in 2015, is a global institutional asset manager with approximately $4.5 billion in assets under management as of September 30, 2025, specializing in credit and asset-oriented investments [7][9]. Leadership and Strategy - Andrew Rabinowitz brings over 30 years of experience in asset management, previously serving as Senior Partner and General Counsel at 26North and Co-CEO at K2 Integrity [3]. - His role will involve expanding AIGH's multi-strategy alternative asset management business and its insurance platform, Arena Life & Annuities Solutions (ALAS) [2][4]. - The leadership team at Westaim and Arena believes Rabinowitz's experience will enhance operations and drive growth [4][3]. Market Position and Growth Potential - AIGH is positioned to grow rapidly by sourcing high-quality, long-duration assets that meet the needs of alternative credit investors and insurers [4]. - The integration of Arena and Ceres Life aims to unlock the benefits of a unique insurance and asset management platform, enhancing the overall value proposition for clients [4].
The Westaim Corporation Announces Andrew Rabinowitz Has Joined Arena Investors Group Holdings as President and General Counsel
Prnewswire·2025-11-24 14:12