New York-based Muzinich & Co is investing in its distribution network in Switzerland, adding an expert for very wealthy clients to its team. The manager previously worked for UBS.

Muzinich & Co appointed Christian Fink to its distribution team in Switzerland in the rank of an associate director, the company said in a statement today.

Fink will work at the Zurich branch of the investment specialist. He joins from UBS, where he worked in the development of the wealth management business, with an emphasis on the UHNWI segment.

Well-Established Banker

Muzinich opted to hire Fink because he already has a far-reaching network in the Swiss market, according to Swiss country boss Daniel Perroud.

The U.S. firm is bolstering its distribution in Switzerland and has had significant growth recently. The hiring announced today signals its intent to grow further in one of Europe's top financial centers.

The investment firm has agencies in New York, London, Manchester, Frankfurt, Paris, Zurich, Milan and Madrid and is managing assets totaling some $28.1 billion.