Semper Capital Management, a New York-based privately-owned fixed-income investment manager, has appointed Zach Cooper as its new CIO.

Cooper will succeed Jay Menozzi, who retired after a 16-year spell.

"I'm looking forward to continuing to support Semper's strong growth and performance across our suite of structured credit products, in collaboration with our exceptional team of investment professionals,” Cooper stated. 

Cooper spent over two decades in the investment industry. He previously served as deputy CIO at Semper and will remain as one of the firm's senior portfolio managers.

Semper CEO Greg Parsons said: "I am confident that Zach's leadership skills and investment acumen will only continue to drive Semper's progress as he takes on this new role."