Icosa hires Haring for cat bond analytics, enters partnership with finccam

Icosa Investments AG, the Swiss catastrophe bond focused investment manager, has announced the hiring of Stefan Haring as its first Head of Investment Analytics & Technology and a new strategic partnership with Munich-based asset manager finccam investment GmbH.

The news comes on the heels of Icosa Investments announcing that its main catastrophe bond fund strategy has already surpassed $100 million in assets, having only been launched at the start of this year.

“Reaching this pivotal threshold within months of our market entry confirms investors’ confidence in our investment philosophy,” Florian Steiger, CEO and Founder of Icosa Investments explained.

Including recent inflows, the assets under management of the Icosa Cat Bond Strategy now stand at approximately $130 million, with capital sources from a broad client base of family offices, pension funds, wealth managers and wealthy individuals.

Today, the company has announced the addition of a new team member, Stefan Haring who previously worked alongside Steiger at Twelve Capital.

Haring is a specialist in Cat Bond and Portfolio Analytics and will take on the position of Head of Investment Analytics & Technology at Icosa Investments in the third-quarter of this year.

Haring had worked as the Director of Cat Bond Analytics at Twelve Capital for four years, prior to which he spent some time at BNP Paribas and Citi.

Since leaving Twelve Capital in August 2022, Haring has been running his own consultancy firm focusing on cat bonds and risk analysis.

In addition today, Icosa Investments has announced a new strategic partnership with finccam investment GmbH, a renowned European asset manager based in Munich.

finccam is known for its expertise in the areas of risk management and risk premium strategies and is responsible for more than €4 billion in assets under management, or assets under overlay, across various funds, advisory, and overlay mandates.

“Our partnership with finccam will enhance our analytical capabilities and risk management processes. Their data-driven investment approach aligns perfectly with our philosophy,” CEO of Icosa Steiger said.

finccam will support the Icosa investment process and develop analytical tools with the firm, as well as handling institutional client relations in the DACH region.

The sales operations in Germany will be led by Adam Volbracht, a former Managing Director at Twelve Capital in Germany, who brings extensive expertise in cat bonds and meeting institutional client requirements.

Across the combined Icosa Investments and finccam team, there will more more than 16 investment and technology experts, which the company said provides a solid foundation for implementing the Icosa Cat Bond Strategy.

CEO Steiger commented on today’s news, “With Stefan joining our team and our collaboration with finccam, we ensure that our investment decisions are always based on profound and precise data analyses.”