NewOak Capital hired Tom McAvity as managing director to market the firm’s advisory, asset-management and capital markets services to the insurance industry and design customized solutions for insurers, banks and pension and endowment funds.

McAvity brings extensive experience in managing the portfolios of insurance companies in the context of their liabilities. His previous experience includes positions as executive vice president and chief investment officer with Scottish Re Group; vice president in asset-liability management with Allstate Financial; vice president in quantitative research with Lincoln Financial Group; vice president in quantitative research with Alex. Brown & Sons; senior vice president and CFO of B.F. Saul REIT; and Associate with McKinsey & Co.

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