Asset management firm Icosa has commenced operations, with a primary focus on investments in catastrophe bonds. Icosa, based in the canton of Schwyz, has recently launched. In its initial phase, the financial company has established a UCITS strategy in partnership with MRB Fund Partners, providing access to investments in catastrophe bonds. These ‘Cat Bonds’ allow insurers and reinsurers to pass on large risks to professional investors. MRB Fund Partners is responsible for portfolio management activities in this collaboration.
The CEO of Icosa is Florian Steiger, who previously served as a partner and head of Cat Bonds at the independent Swiss asset manager Twelve Capital. There, he managed the world’s largest Cat Bond fund, according to his own statements. He has also worked at Cape Capital, Zais, and the American investment bank Goldman Sachs.
Jordan Nickerson, the co-founder of Icosa, has previously worked with Cape Capital and Dealmarket. Both Steiger and Nickerson are founders of Cape Capital.
This News Article was automatically generated by Bob the Bot (AI)
| Information | Details |
|---|---|
| Geography | Europe |
| Countries | 🇨🇠🇺🇸 |
| Sentiment | neutral |
| Relevance Score | 1 |
| People | Jordan Nickerson, Florian Steiger |
| Companies | Goldman Sachs, Icosa, Dealmarket, Zais, Cape Capital, Twelve Capital, MRB Fund Partners |
| Currencies | None |
| Securities | None |
