VSS Capital Partners Appoints W. Preston Hutchings As Senior Advisor
Veteran Insurance Executive Brings Three Decades of Insurance Market Experience
NEW YORK – July 12, 2022 – 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 businesses 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
Headquartered in New York, VSS is a private investment firm that invests in healthcare, business services and education companies. Since 1987, VSS has partnered with lower middle-market companies, working closely with management teams, to facilitate their next stage of growth. VSS provides capital for growth financings, recapitalizations, strategic acquisitions, and buyouts with the flexibility to invest control or non-control capital, based on the needs and objectives of each company. VSS has managed $4 billion in committed capital across 8 funds and has completed 94 platform investments and over 400 add-on acquisitions. For more information, please visit: www.vss.com.