Vaud-based fund management firm Solufonds has hired Vontobel white labelling head Steven Wicki and GAM private labelling client director Thomas Zimmermann to lead a push into German-speaking Switzerland.
The firm has launched a new office on Uraniastrasse 32, signalling that it is ready to branch out from its western headquarters.
The duo joined Solufonds in October with Wicki as head of business development and Zimmermann as a senior executive for business development.
Along with these additions the firm is also expected to welcome more new hires in the coming months.
Zimmermann worked at GAM for six years and reported to Dominik Rutihauser, who was head client directors private labelling. Rutihauser exited the firm in August and now works as CEO of LLB Swiss Investment.
Wicki joins from Vontobel AM where he worked as head of white labelling for six years.
Solufonds was founded 10 years ago and currently manages just over CHF 2 billion in assets. It focuses on real estate but also manages securities funds.