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Cohen & Co. appoints managing director

Cohen & Co. LLC has appointed John Butler managing director to work with insurance-related investments and asset management.

Starting Nov. 1, Butler will oversee the development of the company's U.S. insurance asset management platform and global insurance-linked securities program.

He recently was managing partner and head of investment management at Twelve Capital and as CEO of Twelve Capital's U.K. operations and president of the U.S. unit.