Ancient Capital, the asset management subsidiary of Ancient Financial, announced the appointments of Imran Ahmed as Chief Investment Officer and Sonya Li as Managing Director. Both will report to Erich Schram, Chief Executive Officer of Ancient Financial and Ancient Capital.
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Mr. Ahmed and Ms. Li are Ancient Capital’s most senior investment hires to date and will lead and build out its investment team going forward. As Chief Investment Officer, Mr. Ahmed will oversee investments and portfolio construction for the asset management business, including the management and allocation of the platform’s insurance balance sheet assets. Ms. Li will also pursue direct investments, with a focus on strategic investments and platform partnerships to grow the business.
The appointments follow a series of senior hires since the firm’s formal launch in March 2026, including Shannon O’Grady as Head of Capital Formation, Derrick Chin as Head of Operations, Steve Ruggeri as Head of Finance, and Peter Celebucki as Vice President. Together, the team reflects the platform’s ambition to build an institutional-caliber business from the ground up.
Erich Schram, Chief Executive Officer: “Ancient Capital is a rare opportunity to build an investment platform without legacy constraints, with the discipline of an institutional balance sheet behind it. Imran and Sonya are exactly the caliber of investor we set out to attract when we formed this business.
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