Bio

Mr. Spass was the co-founder of Capital Z, and Managing Partner of Fund I, II, III, IV and V and both of the SPVs. Prior to forming Fund I in 1990, Mr. Spass was a Director in the Investment Banking Division of Salomon Brothers, Inc., with responsibility for corporate finance relationships with the insurance industry. Prior to joining Salomon Brothers, Mr. Spass was a Senior Manager for Peat Marwick Main & Co., providing accounting and consulting services to the insurance industry. Mr. Spass currently serves as a director of several portfolio companies of the Funds. For over thirty years, Mr. Spass has been a leading figure in the design and structuring of investments in the Financial Services Industry. Mr. Spass helped pioneer the use of reinsurance financing as a corporate finance tool in buyout transactions and helped design some of the first leveraged buyouts of insurance companies.