Weston Tompkins is the new executive director, capital markets, at MultiStrat, the specialist underwriter and reinsurance investment platform.

Mr Tompkins will lead MultiStrat Advisors, a US-based capital advisory company focused on sourcing investor capital to support reinsurance opportunities initiated by the firm.

He will oversee and manage the company’s relationships with third-party investors, and oversee capital raising initiatives, capital analytics and strategy to support the continued growth of MultiStrat.

Reporting to Bob Forness, chief executive of MultiStrat, Mr Tompkins will assist the firm’s executive team in exploring new investment opportunities to support the group’s success.

With over 30 years’ experience in the institutional investment business, Mr Tompkins was previously senior vice-president, investor relations at Tribe Capital Management.

“We are excited to welcome Weston to our team as we continue to seek out opportunities for investment and growth,” Mr Forness said. “His extensive industry experience in US institutional investment consultancy, management, sales and client services roles will make him an invaluable addition to our organisation.”

Mr Forness said as his firm continued its progress towards achieving its growth ambitions as a group, it was crucial to build out the expertise across both their underwriting and advisory functions.

Mr Tompkins said MultiStrat had a proven track record as a pioneer in the casualty insurance-linked securities asset class.

“I am looking forward to working with the experienced professionals in MultiStrat’s capital advisory team to capitalise on current growth opportunities in order to ensure the long-term success of the company,” he said.