St. Louis, Missouri, resident James Giacin has been the managing director of a financial services firm since 2019. Prior to taking his current position at the St. Louis-based firm, James Giacin served as director and principal of two New York-based firms.
Mr. Giacin was hired as director of a firm in New York in 1998, where he was responsible for business development, business intelligence, product development, and client service. He also created a financial institution group comprising 70 insurers and bank clients with $11 billion in assets under management. He integrated fixed-income and hedge funds into insurance-based investments, which culminated in $1.5 billion in bank and insurance assets being placed in the product. He also developed and implemented insurance-linked securities strategies that allowed banks and insurers to hedge specific risks.
Another New York-based firm hired him as principal in 2016. He led capital-raising projects for Athene USA and Athene Europe to create new products and business lines. He led the firm in raising $6 billion in private equity and private credit investments for asset-liability and surplus investment initiatives. He also created two products that culminated in favorable risk-based capital, tax, and accounting benefits for insurers.