The asset manager's Swiss arm is adding an ex-Credit Suisse banker to its board. 

The New York-based fund house's Swiss arm added Patricia Horgan to its board, from July, it said in a statement. Horgan has worked closely with Muzinich's Swiss board and management to foster the asset manager's growth, it said.

Horgan spent a nearly 40-year career in banking and capital markets, including senior roles at Credit Suisse, Deutsche Bank and UBS. She also sits on the board of Goldman Sachs' Swiss bank.

Muzinich also said it wants to reinforce its presence in French-speaking Switzerland. It recently moved into new offices on Passage des Lions, the heart of that city's banking district.