HomeThomas W. Jasper

Expert resume of Thomas W. Jasper

Managing Partner of Manursing Partners LLC; Founding partner of PremieRe Capital Ltd

Over the course of his career, Thomas W. Jasper has played a leading role in the growth and development of key areas of the financial and derivatives markets. Mr. Jasper is currently the Managing Partner of Manursing Partners, LLC and a founding partner of PremieRe Capital Ltd a company organized to sell credit protection in the single-name risk transfer market. Most recently, he served as Chief Executive Officer (2001-2010) and a director (2002-2010) of Primus Guaranty, Ltd., (NYSE—PRS) a company he joined in 1999 and led over the past decade. During his tenure, Primus established the first credit derivatives product company (“CDPC”), an innovative business model for selling credit protection to global financial institutions and also expanded into credit asset management.

Mr. Jasper led the Company’s capital-raising initiatives, which totaled over $800 million in equity and debt, including an initial public offering and listing on the New York Stock Exchange. At its peak, Primus managed a $24 billion credit swap portfolio and $3.7 billion in structured credit assets. Prior to joining Primus, Mr. Jasper served for 17 years as a key executive of Salomon Brothers, Inc. and its successor companies. Mr. Jasper’s accomplishments at Salomon included: establishing its interest rate swap business, running its Debt Capital Markets platform, serving as Chief Operating Officer of the Asia Pacific Region based in Hong Kong and as Global Treasurer. In 1984 while at Salomon, Mr. Jasper co-founded the International Swaps and Derivatives Association (“ISDA”) and served as its first Co-Chairman. Mr. Jasper was recognized for his profound contributions to the field of risk management through his inclusion in 2003 in the RISK Hall of Fame. Mr. Jasper serves on the Boards of the Blackstone GSO Senior Floating Rate Term Fund (NYSE – BSL), Blackstone/GSO Long-Short Credit Income Fund (NYSE- BGX), Blackstone GSO Strategic Credit Fund (NYSE—BGB) and Blackstone Real Estate Income Fund (“BREIF”). On all four funds, Mr. Jasper is a member of and Chairs the Audit Committee. Mr. Jasper also serves on the board of three non-profits: Phoenix House Foundation, where he is Chairman of the Board, Wellspring Foundation and the SMU Cox School of Business. Additionally, Mr. Jasper serves on the Advisory Board of P.R.I.M.E. Finance a non-profit based in The Hague that was established to provide an independent and expert facility for resolving complex financial disputes generally involving derivatives. He received his BBA from Southern Methodist University and his MBA from the University of Texas.