Calidris Investment Partners Sets Market Entry with Inaugural Insurance Sidecar Transaction and Leadership Appointments
HAMILTON, Bermuda, Jan. 13, 2026 (GLOBE NEWSWIRE) — Calidris Investment Partners (“Calidris”), an insurance-focused investment manager backed by RedBird Capital Partners, today established its market entry with the completion of its inaugural insurance sidecar transaction and the expansion of its senior leadership team. Led by co-founders and co-CEOs Daniel Miller and Philippe Trahan, Calidris specializes in executing strategic capital partnerships within the insurance sector, with a focus on property and casualty (“P&C”) (re)insurance.
In December 2025, Calidris successfully closed its inaugural sidecar transaction with global insurance group QBE, enabling its investors to enter a strategic partnership with a leading global commercial P&C insurer. The completion of the transaction underscores Calidris’ execution capabilities and advances the firm’s mission to deliver differentiated access to lower volatility P&C insurance risks for institutional investors.
“Our entry into the market reflects a strong operational foundation and the confidence of high-quality institutional partners,” said Daniel Miller, Co-Founder and Co-CEO of Calidris. “With our first transaction successfully completed, we are focused on building on our momentum by structuring attractive, diversified and scalable partnerships that meet the needs of our investors and insurance counterparties.”
To support the continued growth of Calidris’ platform and rollout of strategic initiatives, the firm has also announced a sequence of key leadership hires:
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Marcus Foley, Director of Quantitative Strategies – Foley is a 20 year industry veteran who has held C-suite positions for Aspen, Argo and Somers Re groups primarily focused on Risk and Capital Management, Balance Sheet Optimization and M&A. He will oversee the development and execution of a quantitative strategy roadmap for Calidris, aligning the analytic framework with firm-level growth, return and risk objectives.
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Natasha Osborne, Director of Finance and Operations – Osborne joins Calidris to drive operational excellence and financial oversight as the firm scales. She brings nearly 15 years of experience, most recently at Hiscox Re & ILS where she focused on third-party capital operations and financial reporting.
In addition, Calidris has appointed Andrew Brooks, former CEO of Ascot Group and Deputy Chair and Council member of Lloyd’s, as a Non-Executive Director to its Board, bolstering the firm’s governance and executive leadership team with diversified industry expertise and market insight to advance the firm’s long-term strategy.
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