TMCnet News

VSS Capital Partners Appoints W. Preston Hutchings as Senior Advisor
[July 12, 2022]

VSS Capital Partners Appoints W. Preston Hutchings as Senior Advisor


VSS Capital Partners ("VSS"), a private investment firm investing in healthcare, business services and education, today announced the addition of W. Preston Hutchings as Senior Advisor. Leveraging his three decades of senior insurance, investment management and executive leadership experience, Mr. Hutchings will provide strategic guidance and work closely with VSS's team in this role.

Mr. Hutchings brings deep investment acumen, world class business relationships and significant managerial experience to VSS's growing pool of strategic resources, reinforcing VSS's business development, portfolio company stewardship and sourcing capabilities.

"We're thrilled to welcome W. Preston Hutchings, a distinguished executive, to VSS as a Senior Advisor," said Jeffrey Stevenson, Managing Partner at VSS. "Preston brings exceptional insurance industry, business management and board governance experience to the firm, and will be an invaluable asset as we continue to grow."

Mr. Hutchings has three decades of providing investment management stewardship to well-known insurance and reinsurers. Currently, he serves as Chairman of Saïd Holdings Ltd., a private family office based in Hamilton, Bermuda. He also serves as Chairman of China Car Park Ltd., an entity that invests in parking lot businesss in mainland China and is managed by LimeTree Capital, a Hong Kong-based private equity real firm for which Mr. Hutchings is a Senior Adviser.



"I look forward to serving as a Senior Advisor to VSS and working closely with their team to generate sustained value for the firm's investors," said Hutchings.

Hutchings was a Senior Vice President and Chief Investment Officer at Mid Ocean Reinsurance Ltd. from January 1995 until its acquisition by XL Capital (now part of Axa) in August 1998. He then served as a Senior Vice President and Chief Investment Officer of Renaissance Reinsurance Ltd. from August 1998 until June 2005. Hutchings was a Senior Vice President and Chief Investment Officer at Arch Capital Group Ltd. from June 2005 to June 2021. He began his career as a municipal bond trader at J.P Morgan & Company in 1981. He earned his M.A. in Jurisprudence in 1981 from Oxford University, where he studied as a Rhodes Scholar, after earning his B.A. in 1978 from Hamilton College.


About VSS Capital Partners

VSS is a private investment firm that invests in the healthcare, business services, and education industries. Headquartered in New York, VSS provides capital for growth financing, recapitalizations, strategic acquisitions, and buyouts to lower middle market companies and management teams with the goal of building companies organically as well as through a focused add-on acquisition program. VSS makes privately negotiated investments across the capital structure and invests in situations requiring non-control or control equity, mezzanine securities, and structured equity securities. VSS has over three decades of experience, made investments in 94 portfolio companies with over 400 add-on acquisitions, and manages $4 billion in aggregate committed capital across 8 funds. For more information, please visit: www.vss.com.

 


[ Back To TMCnet.com's Homepage ]