Mr. Glassman joined Nephila in 2010 as a Managing Principal, Chief Management Officer and Chief Compliance Officer. As a member of the Management Executive Committee, he is involved in all aspects of Nephila's business, with a focus on strategy, structured products, compliance oversight and the management of human resources and business processes.
Mr. Glassman joined Nephila after spending 22 years with Merrill Lynch/Bank of America in New York, working in the real estate group, primarily in the commercial real estate space. Mr. Glassman was most recently the Chief Operating Officer (COO) of the Global Real Estate Principal Investments (GREPI) group; working with all infrastructure and support partners to ensure that proper controls, infrastructure and management was in place to support the global real estate platform. In addition, up until March 2009, Mr. Glassman was the head of Asset Management (Americas) for GREPI for approximately ten years. Prior to these responsibilities, he managed the Structuring and Transaction Management group for GREPI (Americas) structuring and executing senior debt, mezzanine debt, bridge equity and equity investments. He has structured transactions and managed assets in the US, Europe, Asia, Mexico and Canada. Prior to joining GREPI, he managed a team of Merrill Lynch professionals in advising clients in the disposition of sub- and non-performing residential loans and real estate. Mr. Glassman was a co-founder of Bayhead Advisors, LLC, which was formed in 1995 to invest in CBOT PCS Catastrophe Options.
Mr. Glassman received his BA in Economics from Vanderbilt University, Tennessee in 1986.
Maria Marsh, MA
Ms. Marsh is a Principal and Head of Human Capital. Since joining Nephila in 2001 she has worked in all portfolio and operational areas of the firm streamlining work flow processes within the company and designing financial and analytical systems.
Prior to moving to Bermuda in 2001, Ms. Marsh was working at The Seventh Swedish National Pension Fund, which she joined upon the inception of the fund in the fall of 2000.
Ms. Marsh was educated in Sweden and she completed her Master’s degree in Business Administration and Economics at Stockholm University in May 2001. Her master’s thesis was titled “An Extreme Value approach to Value at Risk to deal with Fat Tails”.
Adolfo Peña, MFE, MEng
Mr. Peña has the role of Chief Investment Officer, working as the Chair of the Investment Committee and ultimately responsible for strategy, trading and portfolio construction.
He joined the company in September 2005 and previously worked at Risk Management Solutions where he worked in model development and special analysis projects such as Catastrophe Bonds giving him an entry into what was then the new field of Insurance Linked Securities.
Mr. Peña has a BSc/MSc in Civil Engineering from UNAM, and an M.Eng in Structural Engineering, Mechanics and Materials from UC Berkeley and an MSc in Financial engineering from UC Berkeley.
Mr. Storey has been with Nephila Capital since 2005. He is a Principal and the Chief Technical Officer and his primary responsibilities are information technology and data warehousing. Mr. Storey also co-heads Nephila’s portfolio team focusing on modeling and portfolio / pricing system development.
Mr. Storey began his career as an Information Technology / Operations Research management graduate for Pepsi Cola Foods & Beverages Europe. Mr. Storey moved into financial services working for UBS Warburg, Credit Swiss First Boston and Merrill Lynch on various projects. Whilst at Merrill Lynch he worked on their Complex FX Options, bond and swap trading desks. In 2000, Mr. Storey moved to Bermuda and worked for Ernst & Young as the Manager of Consulting Services. Whilst at E&Y, Mr. Storey worked with a range of reinsurance and hedge funds based in Bermuda. In 2002, Mr. Storey moved to PRP Performa Ltd, one of the largest non-bank financial service institutions in Bermuda, on their trading desk performing modeling, data warehousing, system design and programming. He was responsible for the implementation of the Charles River trading system.
Mr. Storey received his B.Eng. in Electronic Engineering specializing in Software Design from the University of Central England in 1994.
Mr. Swayne joined Nephila Capital in 2013 as a Managing Principal focusing primarily on risk origination, working with established and new counterparties who are seeking protection from natural catastrophe and weather exposures. In addition he is a Member of the Management Executive Committee which is charged with executing the firm’s corporate initiatives.
Prior to joining Nephila, Mr. Swayne was Executive Vice President and a member of Flagstone Re’s Executive Committee. Mr. Swayne was recruited to assist in the launching of Flagstone Re in 2005, where he focused on global business production, recruitment of talent and managed six of Flagstone’s operations, including their Lloyd’s Agency. Prior to working with Flagstone, Mr. Swayne was Executive Vice President of ACE Insurance from 2000-2005 working in Bermuda and London. In 2005, he was appointed Chief Underwriter (International) for ACE Tempest Re. He began his career at CT Bowring in London before moving to John Poland & Co at Lloyds in London in 1987, where he worked as Deputy Underwriter. In 1993, he left to join Willis in New York as a Vice President responsible for the production, design and placement of treaty programs for both domestic US and international clients. Mr. Swayne moved to Aon Re in Bermuda in 1996 and was a Senior Vice President and member of Aon Re’s management team. His role as a senior broker encompassed the design and placement of reinsurance and capital markets solutions for the Bermuda insurance and reinsurance companies.
Laura Taylor, CA, CPA, CFA*
Ms. Taylor is a Managing Principal and CFO at Nephila Capital Ltd. As a member of the Management Executive Committee she is involved in all aspects of Nephila's business, with a focus on strategic initiatives, structuring, finance and operations.
Prior to joining Nephila in 2004 as Chief Operations Officer, Ms. Taylor worked with KPMG's Alternative Investment and Banking Practice. Her clients included hedge funds, broker dealers, financial institutions, investment managers and venture capital companies. Prior to moving to Bermuda Ms. Taylor obtained a Bachelor of Commerce from the University of Victoria in 1997 and the Chartered Accountant designation in June 2000. In November 2000 she obtained the Certified Public Accountant designation and in 2005 she obtained the Chartered Financial Analyst designation.
Nephila Advisors LLC
Mr. Hagood is a Co-Founder of Nephila Capital Ltd. and is a Managing Principal at its affiliate, Nephila Advisors LLC. Mr. Hagood has been involved in all aspects of the business but is currently focused on risk management, firm strategy and investor relations. Mr. Hagood is also a Director of Nephila Capital Ltd. and Nephila Holdings Ltd.
Mr. Hagood began his financial career in December 1993 when he joined Bear, Stearns & Co. in New York. He managed the mortgage servicing trading desk and was responsible for trading and brokering mortgage servicing portfolios, advising on mortgage banking mergers and acquisitions, and structuring hedging instruments for institutional clients. Mr. Hagood left Bear Stearns & Co. in February 1997 to join Willis Group Ltd. in London to specifically start what is now Nephila Capital Ltd.
Mr. Hagood has been a licensed broker at Lloyd's of London and received his B.S. in Finance from the University of Tennessee in 1990.
Frank Majors, CFA
Frank Majors is a Co-Founder of Nephila Capital Ltd. and is a Managing Principal at its affiliate, Nephila Advisors LLC. Since 1997, Mr. Majors has been involved in most aspects of the business but is currently focused on risk management and firm strategy. Mr. Majors is also a Director of Nephila Capital Ltd. and Nephila Holdings Ltd.
Mr. Majors attended Vanderbilt University, receiving his B.A. in Economics in 1990 and an M.B.A. in Finance from the Owen Graduate School of Management at Vanderbilt University in 1991. Mr. Majors also is a holder of the CFA designation.
Mr. Schauble joined Nephila in 2004 as a Managing Principal and moved to San Francisco in 2010 to set up Nephila Advisors, LLC. Mr. Schauble’s primary responsibilities include investor relations, strategic and business development projects and oversight of Nephila’s weather fund.
Mr. Schauble began working in re/insurance in New York in 1993 as a broker for Marsh and Guy Carpenter. He left in 1996 to join Goldman, Sachs & Co. in their Risk Markets group, where he spent six years working on development and distribution of catastrophe and weather-linked products. Mr. Schauble joined XL Capital in 2003 and was head of marketing for the weather risk management business.
Mr. Schauble attended Harvard College and received his B.A. in Economics in 1995; he wrote his senior thesis to explore investing in bonds linked to property catastrophe reinsurance risk. He served as a Director of The Climate Corporation (2007-2012), and MetroMile (2009-2011). He has been a Director of Ceres (a non-profit devoted to sustainable capitalism) since 2011, and a Director of Advisen Ltd (an insurance analytics business) since 2014.
Office Locations: Bermuda, Tennessee, San Francisco
* Denotes member of Management Executive Committee