Searchlight Capital Partners has named Michael Belfatti as a senior adviser. Previously, he was chief operating officer of Greenlight Re.
New York – December 3, 2018: Searchlight Capital Partners (“Searchlight” or “the Firm”) announced today that Michael Belfatti will be working with the Firm as a Senior Advisor. In this role, Mr. Belfatti will be involved at a senior level in the Firm’s Insurance and Financial Services activities, where he has considerable experience from his time in a series of operating roles throughout the financial services industry.
Prior to working with Searchlight, Mr. Belfatti served as Chief Operating Officer of Greenlight Re, a specialist property and casualty reinsurance company providing risk management products and services to the insurance, reinsurance and other risk marketplaces. Prior to joining Greenlight Re, he held numerous industry roles, including Executive Vice President and Chief Actuary at both Endurance Holdings, Ltd, and Validus Holdings, Ltd. Mr. Belfatti is a Fellow in the Casualty Actuarial Society and a Member of the American Academy of Actuaries. He received a Masters degree in Engineering from Princeton University and a Bachelors degree in Mathematics and Political Science from Swarthmore College.
“Michael’s industry expertise, knowledge and relationships will advance our investment efforts in the traditional and technology-enabled insurance and reinsurance sectors, sectors where we believe Searchlight can source many attractive investment opportunities over the next several years,” said Andrew Frey, a Partner of Searchlight. “We have known Michael for many years, and we are thrilled that he will be advising our team.”
“I’m very much looking forward to contributing to Searchlight’s efforts in the insurance and financial services sectors,” said Mr. Belfatti. “It is truly an exciting time of change in insurance driven by innovations throughout the risk pipeline – from safety technologies, customer interfaces, and distribution mechanisms to risk products, data and analytics, and capital vehicles. The Firm’s long track record of operational and financial success make it an ideal partner for this initiative, and I’m honored to be part of it.”
About Searchlight Capital Partners, L.P.
Searchlight Capital Partners is a global private investment firm with offices in New York, London and Toronto. Searchlight seeks to invest in businesses where their long-term capital and strategic support accelerate value creation for all stakeholders. For more information, please visit www.searchlightcap.com.