Elementum Advisors has promoted Jake Weber and Nick Jagoda to principal, effective 1 January 2014.

Both Weber and Jagoda have been an integral part of its success dating back to the team’s tenure at Stark Investments and have performed critical roles for Elementum since its launch in 2009. 
 
During 2013, they have strengthened the depth in the catastrophe modelling team and grown Elementum’s presence in Bermuda.  Additionally, both have taken on more public roles representing Elementum with external constituencies such as investors, intermediaries and counterparties.  They will continue in their existing roles as head of catastrophe modelling and portfolio manager.