Mon, Aug 29, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Scipion Capital hires two ahead of new investment and product launches

Thursday, November 03, 2011
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.”

(press release)


Scipion Capital is a uniquely focused team of finance professionals whose senior management have significant experience of banking and investing in emerging markets, particularly in Africa. Scipion African Opportunities Fund SPC (domiciled in the Cayman Islands and registered with the Cayman Islands Monetary Authority) is an Exempted Segregated Portfolio Company incorporated with limited liability with a number of different share classes all focused on Africa. Scipion clients include hedge funds, European family offices, financial advisors, private banks, endowments and pension funds.

See our most recent article on Scipion:
27.08.2010 Opalesque Exclusive: All three Scipion funds grow stronger on weak U.S. dollar and strengthening African currencies Source

BG

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
What is the size of this fund? Is it registered?   November 04, 2011 09:51:53 AM
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Strategies - The 'Holy Grail' hedge fund strategy to handle a black swan the size of World War I, Hedge funds get more pushback on terms as enthusiasm for strategy wanes[more]

    The 'Holy Grail' hedge fund strategy to handle a black swan the size of World War I From IBTImes.co.uk: To illustrate a strategic gap common to today's portfolio managers, George Sokoloff, PhD, founder and CIO at Carmot Capital, proposes an interesting thought experiment – a breakdown of

  2. Institutional investors - Investors set to increase allocation to private debt, With investment income key, Richmond retirement system faces funding challenges[more]

    Investors set to increase allocation to private debt Investors are set to increase their allocation to private debt, with 60% revealing they believe the private debt market will grow over the next 12 months, according to a new study by Elian, a leading funds services provider. 41%

  3. Investing - Hedge funds snap up banks, unload Apple, Some of hedge funds' favorite stocks are finally starting to beat the market, Einhorn's Greenlight shifts positions, Treasury yield climbs to two-month high as Fischer joins hawks, 9 stocks smart investors put their money in last quarter[more]

    Hedge funds snap up banks, unload Apple From Barrons.com: Prominent hedge funds have a newfound love of big banks, and some have a distaste for shares of Apple, regulatory filings released last week show. The filings suggest that the funds have been pivoting their portfolios in recent mon

  4. Chesapeake energy seeks $1 billion loan to refinance debt[more]

    From Bloomberg.com: Chesapeake Energy Corp. is seeking a $1 billion loan as the company battered by cratering fuel prices and credit downgrades takes a step to address its $9 billion debt load. The natural gas producer hired Goldman Sachs Group Inc., Citigroup Inc. and Mitsubishi UFJ Financial Group

  5. Institutions - Nordic pension funds magnify focus on unlisted and direct investing, building up teams[more]

    From IPE.com: As bond yields remain at low or negative levels, pension funds and other institutional investors in the Nordic region are stepping up efforts to find higher returns by adding more unlisted investments to portfolios and are expanding in-house teams in order to do this, according to new