Twelve Capital Management, the Zurich-headquartered catastrophe bond, insurance-linked securities (ILS) and reinsurance linked investment fund manager, has announced some organisation changes as it positions itself for future growth.
Twelve Capital has named two new Co-Managing Partners who will head up its Group Management Committee, so having oversight of all operational business activities, including client services and distribution efforts.
The two new Co-Managing Partners are Marcel Wildhaber, Chief Operating Officer and Nils Ossenbrink, Managing Partner in charge of Products and Distribution.
The changes are designed to position Twelve Capital for future growth, while maintaining its focus on performance generation and client orientation.
In addition, the investment manager has set up an Investment Oversight Committee as a central focal point for governance and investment activities, which the company says reflects its focus on performance.
The committee will be chaired by Urs Ramseier, who retains his role as Executive Chairman and Chief Investment Officer.
Twelve Capital said that its emphasis on both investments and clients will be retained, as well as a focus on driving innovation and building out its international distribution activities.
Christoph Buerer, Co-Founder and Executive Vice Chairman, commented on the news, “These organisational changes and appointments reflect the evolution of our firm and continuity. They also demonstrate our dedication to a disciplined investment approach and engagement with clients which builds upon our solid operational platform.”