Oaktree Appoints Head of APAC Insurance Solutions

Los Angeles-based Oaktree Capital Management has announced the appointment of a head of Asia Pacific insurance solutions.

Oaktree has appointed Phil Joubert as managing director and head of APAC insurance solutions, according to a statement. Based in Hong Kong, he will report to managing director and global head of insurance solutions Greg Halagan.

Joubert has 25 years of experience in insurance and investments, working most recently at AIA where he spearheaded initiatives such as implementing asset and liability management, and investment solutions for the firm’s insurance entities, and expanding into new asset classes, including high yield bonds and private credit. Previously, he also worked at Oliver Wyman, EY, Natixis, Deutsche Bank and Deloitte.

«Phil completes a series of senior regional leadership hires on our insurance solutions team around the globe,» Halagan said. «As insurers globally deploy more sophisticated investment strategies and continue to allocate to private markets, our platform is designed to help generate investment returns that drive competitive outcomes for our clients while maintaining alignment with Oaktree’s long-standing investment philosophy.»

Headquartered in Los Angeles, Oaktree is a global investment manager specializing in alternatives. It has more than 1,200 employees housed in offices in 26 cities worldwide with $209 billion in assets under management, as of June 30.