Swiss boutique hires portfolio manager
Zurich-based investment firm Twelve Capital has appointed Florian Steiger as a director within the portfolio management team, with a focus on catastrophe bond strategies.
Steiger has expertise in structured, illiquid credit as well as in subordinated bonds of European financials. He joins Twelve from Cape Capital where he established and managed the Cape Fixed Income Fund.
Formerly, he held roles in London and Zurich with Zais Group and Goldman Sachs.
Twelve Capital had over $3.5bn (€3.19bn) of assets under management as at 31 March 2017.