Steffen Ricken, CEO and chairman of IVG Institutional Funds, is to take over Oliver Zimper's duties as chief investment officer at end-June.

Steffen Ricken, CEO and chairman of IVG Institutional Funds, is to take over Oliver Zimper's duties as chief investment officer at end-June.

Zimper will be be leaving IVG IF with effect from 30 June due to health reasons. Both Zimper and Ricken rejoined IVG last year after spending a year with Zug-based Corestate Capital.