Lockton Capital Markets appointed Richard Pan managing director. In this role, Pan will work with Ken Pierce, CEO, to grow the structured finance practice, which brings the insurance and alternative asset management industries together to satisfy objectives for both industries.
“We are fortunate that Richard is joining the Lockton Capital Markets team,” Pierce said. “His experience in both the finance and insurance industries will be an asset as LCM expands its structured finance practice to deliver creative solutions for insurance companies, asset managers and corporate clients.”
Prior to joining Lockton, Pan worked in investment management for Waterfall Asset Management, where he structured, negotiated and managed investments across various sectors, including insurance/reinsurance, litigation finance, transportation, small business, unsecured consumer lending and residential and commercial mortgages. Prior to Waterfall, he was lead counsel for the asset-backed products desk at Société Générale. Pan started his career at Mayer Brown focusing on insurance/reinsurance and derivatives transactions.
“I look forward to leveraging Lockton’s global platform and working with the team to offer innovative solutions that meet the unique challenges in our field and deliver unrivaled results for Lockton Capital Markets’ partners and clients,” Pan said.
Lockton Capital Markets is privately owned and focuses solely on clients’ risk and insurance needs.