Deep Expertise

We invest in essential markets that power the global economy.

Our approach seeks to deliver uncorrelated returns from core economic sectors that require deep expertise and an interdisciplinary skillset to access and navigate.

Our Advantage

Specialized. Led by Industry Experts.

Our team combines decades of experience from leading institutions, including both investment management and industry operators. We understand the regulatory frameworks, risk profiles, and market dynamics that create sustainable competitive advantages.

Structured. Not Just in our Name.

We provide customized capital solutions across the value chain and throughout the capital stack. Our investment capabilities span across alternative credit, opportunistic credit, asset-backed finance, and structured equity, with an emphasis on strong income generation, downside protection, and low correlation to other asset classes.

Streamlined. Matching Risk with Capital.

We originate investments that can be structured into multiple risk tranches to optimize risk-adjusted returns for different investor profiles. We offer fund strategies across the risk spectrum and provide insurance company partners with differentiated access to investment-grade credit in our target sectors.

Our Strategies

We deploy capital across two essential sectors—insurance and transportation—through specialized investment vehicles designed for institutional investors. Each strategy leverages our sector expertise and direct origination capabilities to access opportunities which may be overlooked by generalist managers.

Insurance

We acquire equity stakes in life insurance companies focused on retirement products and consolidation.

We provide private debt throughout the insurance ecosystem through both corporate and asset-backed financing solutions.

We invest across insurance-linked securities, including catastrophe bonds and reinsurance transactions.

We back insurance technology companies developing innovative industry solutions. Learn more.

Insurance Industry Economics:

$5T+ market capitalization of global P&C and Life (re)insurers
$7T+ annualized global premiums, representing nearly 3% of all GDP
$44T+ assets held on insurance company balance sheets
$200T+ insured property values

Transportation

We originate senior secured loans to maritime companies for vessel acquisitions, backed by real assets.

We deploy capital opportunistically across maritime, aviation, rail, and logistics sectors.

Transportation Industry Economics:

$1.5T+ global shipping fleet value
$28T+ total value of goods transported globally
90% of world trade volume via maritime transport
$1T+ global aviation fleet value

For Insurance Companies

We provide separately managed accounts and customized investment solutions designed specifically for insurance company balance sheets.

Investment Grade Focus

Asset origination targeting regulatory and risk parameters required for insurance portfolios.

Customized Mandates

Direct partnerships to create solutions matching specific asset-liability profiles.

Integrated Solutions

Alternative assets across our sectors that have historically offered attractive risk-adjusted returns while meeting regulatory standards.

Our Track Record

Our investment philosophy is rooted in sector specialization and direct origination. We seek to build investment portfolios that deliver attractive risk-adjusted returns while prioritizing disciplined capital preservation through market cycles.

$3.3B Assets Under Management*
$5.5B+ total capital invested since 2009*†
500+ Years of Combined Senior Investment Team Experience*
45 Dedicated Professionals*

*As of July 2025

†Includes Northern Shipping Fund Management LLC, acquired by HSCM in 2022.

Decades of experience from leading institutions.

Michael Millette

Co-Founder, Managing Partner

David Andrews

Co-Founder, Managing Partner

Vikas Singhal

Partner

Gokul Sudarsana

Partner

Jason Braunstein

Partner

Jeff Sangster

Partner

R. Sean Durkin

Partner

Sybren Hoekstra

Partner

Andrew Sagon

Managing Director

Anastasia Dede

Managing Director

Neil McLaughlin

Managing Director

JR Zambrotta

Managing Director

News

Kin secures $1.4bn Florida reinsurance coverage at June 1 amid market expansion

Kin secures $1.4bn Florida reinsurance coverage at June 1 amid market expansion

Exclusive: Parsyl launching US admitted marine cargo product with $55 million capacity

Exclusive: Parsyl launching US admitted marine cargo product with $55 million capacity

Markel announces collaboration with Insurate to advance middle-market workers compensation through AI and innovative safety scoring

Markel announces collaboration with Insurate to advance middle-market workers compensation through AI and innovative safety scoring

FT Partners FinTech CEO Interview: Zac Townsend, Founder & CEO of Meanwhile

FT Partners FinTech CEO Interview: Zac Townsend, Founder & CEO of Meanwhile

Hudson Structured Capital Management Ltd. Announces Promotions

IQUW gets $170m debt raise backed by Hudson Structured and Kilter Finance