Investcorp-Tages brings together each of Investcorp’s and Tages Capital LLP’s absolute return investment businesses operating within London, New York and Milan. The combined team consists of over 30 seasoned professionals, including 19 on the investment team with an average of over 18 years industry experience.
Co-CEO
CIO of Tages Capital LLP
Prior to founding Tages Group in 2010, Salvatore was the former Head of Portfolio Management within Alpha Strategies at Credit Suisse. While at Credit Suisse, he also served as Deputy Head of Alpha Strategies, Head of Manager Selection and Strategy Analysis in the Alternative Investments and Mutual Funds Team, and Deputy Head of Hedge Fund Research and Selection in Alpha Strategies. Prior to joining Credit Suisse, in 2004, he was a Senior Hedge Fund Analyst and a Portfolio Manager with BSI SA (Generali Group).
Salvatore holds a Degree in Economy and Business Law from Bocconi University of Milan. He is a CFA and a CAIA Charter holder.
Co-CEO
CIO of Investcorp ARI LLC
Prior to joining Investcorp in 2013, Lionel worked for 11 years at Lyxor Asset Management, where he held the dual position of Chief Investment Officer (2004 – 2013) and Chief Executive Officer of Lyxor Inc. (2009 – 2013). Prior to joining Lyxor, he was a Vice President in the Equity Corporate Finance department at Société Générale, where he worked on several IPOs, capital increases and convertible bond issues.
Lionel has an MBA Degree in Finance from the École Supérieure des Sciences Économiques et Commerciales (ESSEC) in Paris.
COO
Saul is the COO of Investcorp-Tages. Prior to joining Tages in 2011, Saul was the former Head of Operational Due Diligence at Pamplona Capital Management. Prior to this, he worked at Tarchon Capital Management, where he served as Operational Due Diligence Analyst and Accountant and subsequently was appointed as Head of Operational Due Diligence. He started his career at PricewaterhouseCoopers in London, primarily focussing on clients within the Insurance and Investment Management division.
Saul holds an Honours Degree in Economics and Social Studies specialising in Accounting and Finance from the University of Manchester. He is a Chartered Accountant and a CAIA Charter holder.
Credit Strategies
Prior to joining Investcorp in 2015, Greg worked at Lyxor Asset Management where he was the Director and Head of Credit Hedge Fund Strategies. Prior to joining Lyxor, he was responsible for hedge funds selection across credit, event and equity strategies at Allianz Alternative Management until 2012. Prior to joining Allianz, he was an Associate Director at Bear Stearns where he structured and marketed Collateralized Debt Obligations and other structured funds.
Greg holds a BA from the University of Pennsylvania and an MBA from Columbia University and is a CFA Charter holder.
Cross-Asset Research
Prior to joining Investcorp in 2014, Vincent worked at Lyxor Asset Management where he spent five years as a Hedge Funds and Portfolio Management Analyst. Prior to that, he was an intern for the Structured Alternative Investment Group of Société Générale (Corporate & Investment Banking) in London. He also served as an intern in the New Client Solutions Group at Newedge Group, S.A. in Hong Kong.
Vincent holds a Master’s Degree in Finance & Corporate Strategy from the L’Institut d’études politiques de Paris (Sciences po). He is also a holder of the Chartered Alternative Investment Analyst designation.
ESG & Impact
Prior to joining Tages in 2013, Manuela was the former Head of Hedge Fund Investments at Duemme SGR. She previously worked for Unifortune SGR, with responsibility over the creation and management of Fund of Funds. She worked for the Italian Stock Exchange in Milan and at the Derivative Desk of Citibank Milan.
Manuela holds an MSc in Econometrics and Mathematical Economics from the London School of Economics and is a CFA Charter holder.
Seeding
Prior to joining Tages in 2011, Mark was the former Head of Operational Due Diligence responsible for European based managers at Credit Suisse Asset Management and Global Head of Due Diligence at Credit Suisse International where he was a Director within the Fund Linked Products group. Prior to joining Credit Suisse in 2005, he worked in various roles including Equity Research, Corporate Planning and Product Control for Morgan Stanley, Merrill Lynch, Credit Suisse and UBS.
Mark qualified as a Chartered Accountant with Ernst & Young in 2000 and is a CFA Charter holder. He holds an Honours Degree in Business Science from the University of Cape Town.
Quantitative Solutions
Prior to joining Tages in 2015, Berouz previously worked at Credit Suisse for eight years as Managing Director with responsibility for managing proprietary trading for the fixed income department and then as interim Head of Commodities and Head of Energy trading at the bank. Prior to Credit Suisse, he was a partner at Northbay, a fixed-income hedge fund and previously, he managed several proprietary and derivatives trading teams for institutions such as Lehman Brothers, SBC Warburg and Merrill Lynch. He has over 30 years of financial markets experience.
Berouz graduated from ESCP business school in Paris. Subsequently he prepared for a PhD in International Finance and Economy at Dauphine University.
Tactical Strategies
Prior to joining Investcorp in 2003, Jonathan worked for Cazenove Capital management in London where he was a member of the Investment Strategy Group and Investment teams. He has also held positions in management consulting and quantitative analysis, and has more than 25 years’ of investment experience.
Jonathan holds an MSc in Economics and Finance from the University of Bristol and the IIMR (UK equivalent of the CFA).
CRO
Prior to joining Tages in 2011, Diego was a former Senior Portfolio Manager of the Funds of Hedge Funds Division at UBI Pramerica SGR. Previously, he worked for nine years within the Research Department at Capitalgest SGR serving as economic and quantitative analyst.
Diego holds a Degree in Economics from the University of Brescia.
Operational Due Diligence
Prior to joining Investcorp in 2014, Jonathan worked at FRM Investments LLC, a division of Man Group Plc, where he spent six years and was most recently the Deputy Head of Business Risk. Prior to this he was a Senior Associate at Ernst and Young for four years where he qualified as CPA in the State of New York. His license is currently inactive.
Jonathan holds a Master of Science in Accountancy and a Bachelor of Business Administration with a concentration in Finance from the University of Notre Dame.
Equity Strategies
Prior to joining Tages in 2011, Matteo was formerly a Portfolio Manager at Credit Suisse in London. In this role, he was responsible for the construction and management of the institutional and retail fund of hedge funds, managing over 1 billion USD. He was responsible for the first UCITS fund of absolute return funds launched in July 2010 by Credit Suisse. Previously, Matteo was an Analyst at Valore Reale Sgr Spa in Milan.
Matteo holds a Degree in Business Administration from the Università Cattolica del Sacro Cuore in Milan.
Hedge Fund Research
Prior to joining Tages in 2014, Selim was formerly a Portfolio Manager and Fund Analyst in the fixed income team of La Française. He started his career at Alteram as an Assistant Portfolio Manager in 2005 and was appointed Hedge Fund Analyst in 2009. He became a Portfolio Manager in 2011.
Selim holds a Master’s Degree in Applied Economics from the University of Paris-Est, a Master’s Degree in Portfolio Management from the Eiffel School of Management and an Executive Master in Corporate Finance and Capital Markets from Sciences Po. Paris.
CFO
Richard is the CFO of Investcorp-Tages. Prior to joining Tages in 2012, Richard was the former Deputy Chief Operating Officer and Chief Financial Officer of Occam Asset Management, where he worked from 2010 to 2012. From 2005 to 2010, Richard worked on the Fund Derivatives desk at KBC Financial Products in a variety of roles. He started his career at PricewaterhouseCoopers within the Banking and Capital Markets Division, where he qualified as a Chartered Accountant.
Richard holds a Degree in Maths & Philosophy from the University of Nottingham.
Relative Value Strategies
Prior to joining Tages in 2011, Luca was the former CIO of UBI Pramerica FoHF operations in Italy, where he was responsible for almost 500 million EUR of assets. Before this role, he was head of the fixed income desk at Capitalgest SGR mutual funds (responsible for over 10 billion EUR of AUM in fixed income instruments) and proprietary trader on the fixed income desk of a leading Italian bank.
Luca holds a Degree in Economics from the University of Brescia.
Hedge Fund Research
Prior to joining Investcorp in 2011, Gayan worked at Carlton Capital Partners as Assistant Portfolio Manager investing in hedge funds. Prior to this, he worked for Baltic Asset Management, a family office, as a Senior Analyst. He joined the investment field in 2006 working for Goldman Sachs in London as a Financial Analyst investing in equity, fixed income, structured investments and alternative assets for private wealth clients. Prior to Goldman Sachs, he worked at KPMG in the Audit and Corporate Finance departments.
Gayan holds a BSc in Accounting and Finance from the London School of Economics and Political Sciences. He is member of the Institute of Chartered Accountants in England and Wales and a CFA Charter holder.
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