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Alternative Market Briefing

Mainstay of Geneva’s alternative investment community, Paolo Cristofolini, dies in avalanche

Tuesday, January 12, 2010

From the Opalesque team:

Opalesque has learned that Paolo Cristofolini died in a mountain avalanche while skiing, on 3rd January in Verbier, Switzerland. He was buried on Thursday last week.

He was a well-known and well-liked personality in Geneva’s alternative investments community. According to Swiss wealth manager Compagnie Financière Aval (CFA), in which Mr. Cristofolini had been a member of the Strategic Committee, he co-founded and headed Bearbull Asset Management between 1989 and 1992 after 8 years as portfolio manager with JP Morgan. From 1993 to 1998 he ran Commodities Corporation. In 1999 he co-founded and was the President of Agora Capital Management, a specialized alternative investment company. He was also the director of a wine investment fund, and had been a partner at REECH AiM Group SA since March 2009. He obtained a Masters in Business Management from the Université Paris Dauphine, Paris, in the 70s.

Our sincerest condolences go to Mr. Cristofolini’s family.

His death, the third in the French-speaking hedge fund community since last summer, follows that of Steven Krampf (from London-based FoHFs house Duemme Capital) in October, and that of Jean Pierre Aguilar (founder of Paris-based hedge fund house Capital Fund Management SA), in July 2009 (Opalesque Exclusive ......................

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