Axiom Alternative Investments strengthens portfolio management team with senior hire
Axiom Alternative Investments, the French asset manager with USD 1.4bn under management and offices in London and Paris, today announces the appointment of Bedis Gharbi as Senior Portfolio Manager, to support the continued development and diversification of its growing London office and fund range.
Bedis, a graduate from the École Polytechnique and ENSAE, brings over 20 years’ experience in the investment management industry, most recently as Head of Synthetic Credit Funds at RiverRock European Capital Partners.
He was previously in charge of the credit correlation portfolio management at Deutsche Bank which he joined in 2009.
He began his career in 1999 at SG Capital Markets, in the derivatives trading department, where he was in charge of the credit correlation portfolio management and exotic credit trading.
Since 1999, Bedis has also held various senior roles at SPQR Capital, RBS and RBC Capital Markets.
Bedis will join Axiom’s London office, working with Laurent Henrio as a Portfolio Manager on the recently launched Axiom Credit Opportunity Fund, with close to EUR 100 million raised since inception. This non-directional fund, which is invested in credit derivatives, aims to achieve net annual returns of 12% and a Sharpe ratio of greater than 2. The strategy focuses on two sources of opportunity: capturing value that arises from structural price anomalies in the credit derivatives market and from regulations which require banks to transfer risks, by reducing their capital cost to improve their return on equity.
David Benamou, Chief Investment Officer at Axiom Alternative Investments said:
“We are delighted to welcome Bedis to our growing London office at an important time in Axiom’s development, following a series of major fund launches and senior appointments. With his wealth of experience, Bedis will bolster the Credit Opportunity Fund’s management team and research capabilities, while further strengthening our alternative investment capabilities, as we accelerate our growth in this important market segment.”
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Contact Details:
Axiom Alternative Investments
David Benamou, Managing Partner: + 44 (0)20 3807 0670 david.benamou@axiom-ai.com
MHP Communications (Financial PR Adviser)
Reg Hoare / Giles Robinson / Charles Hirst: +44 (0)20 3128 8193 / axiom@mhpc.com
AXIOM ALTERNATIVE INVESTMENTS
Axiom Alternative Investments was created in 2009 and is an independent asset management company that combines the complementary expertise of asset managers and former investment bankers specialising in financing operations.
As a specialist in regulatory opportunities in the financial sector, the company now manages above USD1.4 billion through a range of open-ended funds and mandates covering all instruments issued by European financial institutions (senior debt, non-preferred senior debt, subordinated debt and equity). The company is regulated by the AMF, FCA and SEC.
Axiom Alternative Investments markets its funds to institutional clients, Private banks, Family Offices and Asset Management Advisors. The company is based in Paris and London.