Private Call - May 17, 2016


Tuesday, May 17, 2016 - 01:00pm to 02:00pm CDT

As the low rate environment persists, those who are reviewing their alternative investment strategy might do well to consider making reinsurance part of their allocation. Investors should look closely at the new reinsurance model in particular, which is expected to be a growth engine in the reinsurance industry as it provides investors with attractive returns through a tax efficient structure.
FOX members have asked for information on innovative investment opportunities. In response, and because the reinsurance trend is significant, FOX is pleased to invite a select group of family office members to participate in this unique private call for the opportunity to learn about reinsurance and closely examine a reinsurance product in the context of education. This opportunity is made possible through our relationship with CAIS, a FOX Thought Leader Council member.
Stephen A. Schwarzman, chairman, CEO and co-founder of Blackstone will start the investment conversation by commenting on important trends and opportunities impacting family offices and the need for the alignment of interests between asset managers and investors.   
Ben Rubin, executive vice president, AXIS Reinsurance, and Brett Newman, managing director in Blackstone’s Corporate Development Group, will provide the following:
  • Introductory overview of reinsurance risk and reinsurance companies
  • Explanation of reinsurance as a new operating model for generating returns
  • Description of the potential market opportunity for publicly traded reinsurance companies 
  • Exploration of the benefits of investing in alternative strategies through a reinsurance company
  • Presentation of Harrington Re, which AXIS Capital Holdings and Blackstone have partnered to sponsor and launch
All attendees are encouraged to take advantage of this opportunity to tap into our speakers’ expertise by bringing their questions to the call. FOX investment network members will also be invited to continue the discussion privately within their network communities via their online discussion groups. 
Note: FOX is offering this call for educational purposes only and does not endorse this or any type of specific investment or this specific product.

  • Speaker(s)

Stephen A. Schwarzman, Chairman, CEO and Co-Founder, Blackstone

Stephen A. Schwarzman is Chairman, CEO and Co-Founder of Blackstone. Mr. Schwarzman has been involved in all phases of the firm’s development since its founding in 1985. The firm is a leading global asset manager with $344 billion Assets Under Management (as of March 31, 2016).
Mr. Schwarzman is an active philanthropist with a history of supporting education and schools. Whether in business or in philanthropy, he has always attempted to tackle big problems and find transformative solutions. In 2015, Mr. Schwarzman donated $150 million to Yale University to establish the Schwarzman Center, a first-of-its-kind campus center in Yale’s historic “Commons” building. In 2013, he founded an international scholarship program, “Schwarzman Scholars,” at Tsinghua University in Beijing to educate future leaders about China. At $450 million, the program is modeled on the Rhodes Scholarship and is the single largest philanthropic effort in China’s history coming largely from international donors. In 2007, Mr. Schwarzman donated $100 million to the New York Public Library on whose board he serves.
Mr. Schwarzman is a member of The Council on Foreign Relations, The Business Council, The Business Roundtable, and The International Business Council of the World Economic Forum. He is co-chair of the Partnership for New York City and serves on the boards of The Asia Society and New York-Presbyterian Hospital, as well as on The Advisory Board of the School of
Economics and Management at Tsinghua University, Beijing. He is a Trustee of The Frick Collection in New York City and Chairman Emeritus of the Board of Directors of The John F. Kennedy Center for the Performing Arts. In 2007, Mr. Schwarzman was included in TIME’s “100 Most Influential People.” Mr. Schwarzman was awarded the Légion d'Honneur of France in 2007 and promoted to Officier in 2010.

Ben Rubin, Executive Vice President, AXIS Reinsurance

Ben Rubin was appointed Executive Vice President at AXIS Reinsurance to lead the company’s third party capital business in 2013. Prior to joining AXIS, Mr. Rubin worked at Merrill Lynch in insurance investment banking where his experience encompassed capital raising, mergers and acquisitions and risk transfer solutions globally. Responsible for originating, structuring and executing financing and capital solutions across the insurance sector, Ben has experience introducing alternative sources of capital into the insurance and reinsurance market. 

Brett Newman, Managing Director-Corporate Development Group, Blackstone

Brett Newman is a Managing Director in the Corporate Development Group. Since joining Blackstone in 2007, Mr. Newman has worked on various strategic initiatives on behalf of the firm, including acquisitions, joint ventures, partnerships and divestitures. As a member of Blackstone’s M&A advisory business until 2014, Mr. Newman also worked with a wide range of third-party clients on numerous transactions in the asset management, specialty finance and health insurance industries. Prior to joining Blackstone, Mr. Newman spent six years at PricewaterhouseCoopers, where he provided M&A diligence, valuation and structuring services as a member of the transaction advisory practice. Mr. Newman received a BS in finance and accounting from Bowling Green State University and an MBA with high honors from the University of Chicago Booth School of Business.