NEW YORK, April 04, 2022 (GLOBE NEWSWIRE) — Vida Capital, Inc. (“Vida”), a portfolio company of RedBird Capital Partners and Reverence Capital Partners, today announced that Peter Polanskyj has joined the firm in as Senior Managing Director and Head of Structured Credit. Mr. Polanskyj will be based in New York and will report to Blair Wallace, President and Chief Executive Officer.
“I worked with Peter for a decade at Sculptor, so I know how skilled and insightful he is as an investor and what a great mentor and leader he will be with Vida. Peter’s Credit Experience structure and assurance will be critical to our growth in these areas as we continue to expand the company’s capabilities and offerings,” Wallace said. “Peter will work closely with the team to develop strategies for existing and new investors. His background as an actuary combined with extensive experience in structured credit management is truly unique, and we are delighted to have him at Vida.
Mr. Polanskyj added, “Vida has a strong base of experienced team members and innovative investment solutions, and I am excited to leverage lessons learned from various structured credit strategies in my career to build on the success of the company. I look forward to joining Vida to build a premier structured credit business that will complement the company’s existing platform and significantly grow its business. »
Mr. Polanskyj joins Vida from Sculptor Capital Management (fka Och-Ziff Capital Management), where he most recently served as Managing Director and Head of US CLO Management. In this role, he oversaw various aspects of the origination, securitization and management of CLOs and similarly structured products, in a business that has grown with his involvement since its inception in 2012 to reach approximately $11 billion. dollars in assets in 2022, having joined the firm in 2008 to work on convertible arbitrage and regulatory capital transactions, among other work. Previously, Mr. Polanskyj held several positions at Morgan Stanley between 2002 and 2008, including as a strategist focusing on credit, structured credit, equity derivatives and capital structure arbitrage. Previously, Mr. Polanskyj was a supervising actuary for Reliance National Insurance Company. Mr. Polanskyj holds a BA in economics and mathematics from Rutgers University, where he was named a Henry Rutgers Scholar, and an MBA from Columbia Business School.
About Vida Capital
Vida Capital, Inc. is the largest vertically integrated life insurance settlements platform with $3.9 billion in assets under management across closed-end and open-end funds. Vida has three main business segments including Life Settlement Funds, Life Settlement Provider and Insurance-Linked Securities Funds. Vida is the largest independent living facility manager in the space and the third largest. Additionally, Vida’s wholly-owned subsidiary, Magna Life Settlements, Inc., has been in the top group of secondary market buyers for the past three years. For more information, visit www.vidacapitalinc.com.
Media Contacts
For Vida Capital:
Stephen Kirkwood
512-744-1040
For RedBird Capital Partners:
Dan Gagnier
Communication Gagnier
646-569-5897
For Reverence Capital Partners:
Steven Lipin
Gladstone Place Partners
212-230-5930
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