CIM Group Inc.

10/30/2024 | Press release | Distributed by Public on 10/30/2024 11:31

CIM Group Continues Expansion of Institutional Client Group, Adds Bernard Ryan as Managing Director, Head of Insurance for Dedicated Insurance Industry Investor Team

CIM Group Continues Expansion of Institutional Client Group, Adds Bernard Ryan as Managing Director, Head of Insurance for Dedicated Insurance Industry Investor Team

10/30/2024

LOS ANGELES - October 30, 2024 - CIM Group announced today that as part of the ongoing growth of its Institutional Client Group, the company is expanding its insurance-focused client solutions with the formation of a specialized insurance industry team. The insurance team will offer tailored strategies and partnerships to insurance companies across North America within areas such as CIM Group's real estate, infrastructure and credit businesses. Overseeing this initiative is Bernard "Bernie" Ryan, who joins CIM Group as Managing Director and Head of Insurance.

"CIM Group is enhancing its institutional investor solutions by offering customized investment options to meet the specific needs of insurance investors. We believe CIM Group offers compelling alternative investment opportunities in areas such as infrastructure debt and credit strategies that are well suited to insurers' investment requirements," said Emily Vande Krol, Principal, who oversees the Global Client Group.

Mr. Ryan brings 23 years of experience in the investment management industry to his new position at CIM Group. For the past 17 years, Mr. Ryan was a leader in DWS Investments' insurance franchise where he was actively involved in business development and strategy, creating customized investment solutions for insurers across public and private markets. Earlier in his career he worked for Lehman Brothers and Merrill Lynch.

"CIM Group is a leading asset manager that operates in areas that are appealing to the insurance industry. I look forward utilizing my skills and experience working with insurers to grow CIM Group's program of customized solutions for insurers," said Mr. Ryan.

Mr. Ryan will be building CIM Group's insurance team by adding members with specific skills and insurance industry experience. He is based in Boston.

About CIM Group

CIM is a community-focused real estate and infrastructure owner, operator, lender and developer. Since 1994, CIM has sought to create value in projects and positively impact the lives of people in communities across the Americas by delivering more than $60 billion of essential real estate and infrastructure projects. CIM's diverse team of experts applies its broad knowledge and disciplined approach through hands-on management of real assets from due diligence to operations through disposition. CIM strives to make a meaningful difference in the world by executing key environmental, social and governance (ESG) initiatives and enhancing each community in which it invests. For more information, visit www.cimgroup.com.

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