Lombard Odier Investment Managers (Lombard Odier IM) has added to its alternative investment capabilities by hiring a dedicated Global Macro team. The team forms part of Lombard Odier IM’s Absolute Return investment pillar.
The Global Macro team combines considerable experience and is backed by an innovative research platform. The three strong team are:
Vilas Gadkari – Co-founder of the Rubicon Fund in 1999, Gadkari has over 25 years’ of experience in asset management. He held senior portfolio management positions at Brevan Howard Asset Management and Salomon Brothers Asset Management.
Giuseppe Sette – Sette founded Endowment Advisors in 2012 and was a portfolio manager at Brevan Howard and Davidson Kempner. He began his investment career in 2003 advising on private equity and has 12 years of investment experience.
Jan Szilagyi – Prior to joining, Szilagyi was a global macro portfolio manager at Fortress Investment Group and Duquesne Capital LLC. He has over 15 years of experience in global macro strategies.
On 1 October 2015, the firm launched a UCITS compliant Global Macro strategy with USD150 million in Luxembourg. Targeting returns of 10 per cent with a volatility of 8 – 10 per cent net of fees on an annual basis. The strategy aims to benefit from macroeconomic themes across all asset classes and regions. The team’s robust portfolio construction is supported by an innovative proprietary research platform as the team seek to implement a transparent and repeatable process.
The fund will be registered for sale across Europe over the next few weeks and will add to Lombard Odier IM’s Alternative UCITS range which includes their US focused equity long / short strategy, LO Funds–Fundamental Equity Long / Short and their systematic offering LO Funds–Alternative Risk Premia.
Jean-Pascal Porcherot (pictured), Head of 1798 Hedge Fund Strategies, says: “We are very excited that the team have joined Lombard Odier IM and with the new fund launch. The calibre of the team offers investors a fresh look at the challenges investors face in the global macro environment. It was clear from the outset that we shared a similar DNA seeking robust returns and managing the downside risk. We believe the team’s strong research platform and focus on portfolio construction stands out in the market and can provide investors with insight into another level of global macro investing”
ery strong and important to our ability to serve clients locally and around the globe.”
Across EMEA, Cushman & Wakefield has 5,000 employees in 40 countries. It is now a top three commercial property firm in every major European metropolitan economy, a leader in capital markets, occupier services and all major commercial real estate sectors. Its clients include nine of the top 20 Forbes global brands and 82% of the top 50 cross-border investors.
