Opalesque Industry Update - Scipion Capital (“Scipion”), the African investment specialist, has expanded its team in Geneva and London in anticipation of new investment and product launches over the next six months. |
Two new hires, Jonathan Hargreaves as Analyst and Jean Cochard as Office Manager, are the latest additions to the firm’s London and Geneva offices respectively. These follow the recent appointment of Chris Jenkins to a revamped COO position, where he will be leading the marketing drive for the firm’s highly successful Commodities Trade Finance Fund (“CTF”) fund. The fund, which finances softs and minerals commodity-trading, recently celebrated its 4th anniversary and has generated positive returns in every month since inception.
In addition to the office expansion heralding a significant drive for new investment, Scipion are also preparing to launch a major new product. In anticipation of these developments, the new members of the team will be providing added support and expertise during an increasingly busy period for the company.
Jonathan Hargreaves has been hired as an Analyst by Scipion to provide research and logistical support to the management team which oversees the firm’s range of equity and trade finance investment strategies. He will principally assist from a risk mitigation perspective on the firm’s flagship CTF fund, as well as researching new African investment themes for the fund to pursue.
A former political and security risk analyst, Jonathan has travelled and worked in a number of Eastern and Southern African countries. Having originally built up financial services experience while working for an offshore trust company, he joins Scipion from IHS Jane’s, where he worked as a Defence Industry Reporter and Analyst.
Jean Cochard has joined Scipion to manage the day to day running of the Geneva office. Jean first built up his financial background while working for Renault Finance SA as a junior dealer. More recently, he was chief supervisor of the back-office and assisted the head accountant at Cosmorex SA Geneva, an international forex and precious metals broker.
Nicolas Clavel, CIO and Founder of Scipion, commented:
“The next six months are set to be something of a watershed for Scipion. With new products in the pipeline and an increased focus on driving investment into our funds, we are expecting to see a dramatic increase in activity and investor interest. With this in mind, we have moved to strengthen our team across both our offices. Jonathan and Jean represent the kind of hires that will not only help us manage this anticipated growth organically, but also play key roles in the long term future of the firm.”
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