Peter Appel

Education

Appel graduated from Colgate University in 1984 and in 1987.

Career

In 2011, Peter Appel formed Aeolus Capital Management to manage capital on behalf of investors seeking exposure to the property catastrophe reinsurance and retrocession markets. The company raised and deployed over $1.2 billion of capital in its first year as an asset manager. In July 2006, Appel and David Eklund founded Aeolus Re, a Bermuda-based property catastrophe reinsurance company whose initial investors included Warburg Pincus and Bank of America Merrill Lynch.

Prior to transforming Aeolus into an asset management company in 2011, Appel served as Chairman and Chief Executive Officer of Aeolus Limited., the parent company of Aeolus Re, which became a global leader in providing collateralized property catastrophe reinsurance protection and the largest provider of property catastrophe retrocessional protection in the world.

Since its inception, Aeolus Re deployed over $10 billion in the reinsurance and retrocessional markets. He served as its President and Chief Executive Officer from May 2000 through July 2003.

During this period, he oversaw Architecture Capital"s transformation into a worldwide property and casualty insurance and reinsurance company before he was succeeded by Constantine "Dinos" Iordanou. Appel remained on Architecture Capital"s Board of Directors through May 2006.

Appel was also the lead investor in the acquisition and recapitalization of Tri-City Brokerage Limited Liability Company, one of the largest independent wholesale insurance brokerage firms in the United States, prior to its sale to Bisys in March 2003.

Prior to his career as an entrepreneur and business executive in the insurance and reinsurance industry, Appel was a partner at Willkie Farr & Gallagher, where he practiced corporate law from 1987 to 1995. Appel resides in Bedford, New New York

Achievements

• Appel, a Founder and former President and Chief Executive Officer of Architecture Capital Group Limited., is currently the Founding Partner, Chairman and Chief Executive Officer of Aeolus Capital Management Limited Liability Company. Before founding Aeolus Re, Appel was a founder of Architecture Capital Group Limited., a publicly traded global insurance and reinsurance company (National Association of Securities Dealers Automated Quotation: ACGL).