Our Team

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 Economics and Business Law from Bocconi University of Milan. He is a CFA and a CAIA Charter holder.

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.

James joined Investcorp-Tages in October 2022 as President.

Prior to Investcorp-Tages, James worked at Graham Capital Management for more than 12 years, where he held the position of CEO from 2019-2021 and previously Senior Managing Director & Head of Investor Relations from 2009-2019. As CEO, James led Graham’s Marketing & Investor Relations, Technology, and Risk Management departments and was a member of the firm’s various investment, risk and operating committees. James has approximately 25 years of industry experience, including roles at Moore Capital Management from 2003-2009 & as an original employee at Fortress Investment Group from 1998 until 2001, having previously worked with the founders of Fortress from 1996-1998 at BlackRock Capital Finance and UBS Securities.

James received an MBA from the Wharton Business School in 2003 and a degree in International Politics from Georgetown University in 1996.

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.

Richard is the CFO – COO 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.

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.

Jonathan Feeney is a Managing Director and member of Investcorp-Tages’s Internally Managed Strategies Risk Committee. During his tenure at Investcorp his roles have included opportunistic investing, strategic partnerships, portfolio and risk management. 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).

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.

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.

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.

Berouz Fatemi joined Tages in 2015 to focus on quantitative and macro investments. He previously worked at Credit Suisse for 8 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, Berouz 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. Berouz holds a diploma from ESCP in Paris and a DEA in International Finance and economy from Dauphine University.

Alireza joined Investcorp-Tages in 2020. He previously worked in various derivatives trading, structuring, quantitative analytics and risk management roles for RBS and MUFG. He has over 10 years of financial market experience across multiple asset classes. Alireza obtained his PhD in signal processing from King’s College London, and later completed a postgraduate course at Harvard University on Microeconomics Theory. He also holds certificates on Machine Learning and Deep Learning from Stanford University.

2023 – Present: Tages Capital LLP – CIO, Engadine

2016 – 2023: Engadine Partners LLP – Founder and CIO

1999 – 2016: Egerton Capital – Deputy CIO and Partner

1999: Schroders – Head of Italian & European Small Cap Research Team

1994 – 1999: SG Warburg – Head of Italian Research

Education

1988: Bocconi University – Bachelor of Business Administration (Finance), Cum Laude

Lorenzo Colucci is the Chief Executive Officer of the Engadine strategy at Investcorp-Tages.  Previously, he was the CEO and Head of Business Development for Engadine Partners.  Prior to joining Engadine, he was the co-founder of Sermidigital, a production and editing company and the co-founder of Tempomindfulness a non-profit mindfulness organization.  From 2001-2009 Lorenzo was the Head of Mediobanca Securities, a member of the “Central Committee” and Chairman of Mediobanca USA LLC. From 1999-2001 he was the General Manager of Julius Baer Italia. Prior to that, he was Managing Director at Natwest/Bankers Trust from 1993-1999, Director at Smith New Court Plc from 1989-1993 and Vice President at Merril Lynch from 1987-1989.

He holds a BAC in Sciences Economiques et Sociales from the Lycée Chateaubriand and studied Economics at La Sapienza in Rome.

Pietro Ajello is a Portfolio Manager on the Engadine Long/Short Equity strategy at Investcorp-Tages. Prior to originally joining the Engadine team in 2021, Pietro worked at Kairos Investment Management, where he co-managed L/S equity funds as a Portfolio Manager and Investment Analyst, from 2012. He has 19 years of investing experience in L/S equity, having started his career in 2005 at Kairos Partners in Milan. His previous experiences were at J.P. Morgan and Rothschild.

Pietro holds an MSc (cum laude) in Economics, Statistics and Social Sciences from Bocconi University, Milan. He is a CFA Charterholder.

Borja is a Founding Partner for the Engadine strategy at Investcorp-Tages. Prior to joining Investcorp-Tages in 2023, he spent 18 years as an Equity Research Analyst at various sell-side and buy-side firms such as Deutsche Morgan Grenfell, UBS Warburg, Highfields Capital, and Kepler Cheuvreux, where he covered  a variety of sectors and geographies and held different management responsibilities.

Borja holds a double degree in Business Administration and Law from the Universidad Pontificia de Comillas (ICADE E-3).

Adrian Owens is the Chief Investment Officer of the Global Rates strategy at Investcorp-Tages.  Previously, Adrian was an Investment Director managing the Global Rates fund and related strategies at GAM.  Prior to joining GAM in May 2009, Adrian was at Julius Baer Investments Limited and was based in its New York office from 2001 until 2002, where he oversaw the US fixed income funds. Upon his return to London, he worked as co-head of the company’s fixed income investments before launching the Global Rates strategy in January 2004. Prior to that, Adrian was the European economist at Yamaichi International (Europe). He spent the early part of his career working as an economist for the UK Department of Employment and then HM Treasury. Adrian holds a Masters in Economics from McGill University, Montreal. He is based in London.

Scott Watson is a Portfolio Manager on the Global Rates strategy at Investcorp-Tages.  Scott joined the Global Rates team in 2010 having been at GAM since 2006. He has a background in trading and execution. Scott holds a BA (Hons) in Business Management from the University of Hull. He is based in London.

Rahul Mathur is a Portfolio Manager on the Global Rates strategy at Investcorp-Tages.  Rahul joined the Global Rates team at GAM in 2010. Prior to joining GAM, he worked as a fund analyst at Tarchon Capital Management. Rahul holds an MA in Economics from the University of Cambridge and is a CAIA Charter holder. He is based in London.

Prior to joining Investcorp-Tages, Matthew was a founding partner of 1167 Capital, specialising in emerging market sovereign bonds since 2016. Matthew previously headed sales at world-leading long/short equity fund management firm Nevsky Capital where he was a partner and part of the management committee from 2014. Matthew has also been a sales director specialising in the wholesale business at F&C Asset Management and spent a decade at Thames River Capital, where he was instrumental in launching many single-manager funds across a wide variety of asset classes; and notably key in raising the firm’s assets under management to almost US$13 billion at peak. He had moved from spending a further decade at Baring Asset Management where he gained extensive and lasting experience of fund operations, dealing and distribution. His long and knowledgeable career began back at Oppenheimer Fund Management in 1986 before moving to Mocatta & Goldsmid and on to Chase Manhattan Bank.​

Matthew has a wealth of experience in investment management sales and holds the Institute of Investment Management and Research (now CFA Society) Investment Management Certificate, plus the Securities Institute Investment Advice Certificate and has held Securities Representative registration as an Associate Member of the National Futures Association at the Securities and Futures Association.

Contact: matthew.sethard-wright@InvestcorpTages.com

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.

Contact: matteo.meloni@InvestcorpTages.com

Sascha joined the Business Development team at Investcorp-Tages in September 2023, via the acquisition of Engadine Partners LLP. At Engadine she was responsible for business development and investor relations. She left Engadine in June 2020 for the position of Head of Marketing/Business Development at Bluebell Capital Partners, a European activist fund, and re-joined Engadine in August 2022. Prior to originally joining Engadine in 2017, Sascha spent over 10 years at Man Group/GLG Partners where she was a member of their Institutional sales team, covering the full suite of products across Man Group’s business units: GLG, AHL, Numeric and FRM, having originally come from the GLG side following Man Group’s acquisition of GLG in October 2010. Sascha started her career as a marketing executive at Henderson Global Investors in 2005 and has approximately 19 years of industry experience.

Contact: sascha.safai@InvestcorpTages.com

Ryan Donovan joined Investcorp-Tages in April 2024 as Executive Director to help lead Business Development for the firm in North America. He has over 10 years’ experience in the alternative asset management industry focused on Business Development and Investor Relations. Prior to joining Investcorp-Tages, he held roles at Capstone Investment Advisors, Systematica Investments and Man Group. He began his career at Goldman Sachs after graduating from the College of the Holy Cross with a B.A. in Political Science in 2010.

Contact: ryan.donovan@InvestcorpTages.com