Careers

Varenne Capital Partners is a global hedge fund with over 3 billion dollars of assets under management. We strive to achieve this goal by employing proprietary research and combining complementary investment frameworks in a single strategy: Long Equity, Short Equity, Merger Arbitrage and Tail Risk Hedging. All our investment frameworks stem from years of research and development and as a result comprise original methodologies, formalized processes, dedicated teams of analysts and bespoke information systems. It is the opportunity for you to join a well-established and fast-growing hedge fund with a long track record of success as part of a diverse, stable and experienced investment team.

Mission

The Merger Arbitrage framework acts as a fund within the fund. The team deploys capital on friendly and announced deals which present an attractive risk/reward profile. Each potential opportunity is carefully assessed through our proprietary in-depth analysis framework covering all aspects of a transaction. As part of the team, your tasks will be varied and will include:

• Preparing the weekly investment meeting
• Screening new arbitrage opportunities
• Contributing to the analysis of deals and attend investment committees
• Monitoring of the portfolio and the strategy environment
• Interacting with other teams (middle office, risks, compliance, marketing, …)
• Research and Development

Profile

Excellent academic background from a top tier University or Business School.

Solid skills in Financial Analysis and Corporate Finance. CFA is a plus.

Proficiency in Microsoft Office. Bloomberg and VBA are a plus.

Fluency in spoken and written English essential, French is a plus.

Strong work ethic and teamwork orientation with a proactive attitude.

Terms

Length : 6 months

Start : septembre 2023

Location : 42 avenue Montaigne, 75008 Paris, France

Contact : bvaur@varennecapital.com

Part of a dynamic and very integrated team that works in agile environment and gives strong responsibilities and autonomy. You will be in charge of maintaining and developing the Varenne Capital Partners internal front to middle to reporting software. You will be key in building the new software architecture that can support the company growth.

Ideally, you have a first knowledge in finance and particularly in asset management (front to middle workflows, risk and compliance) so you can understand the end user requirements.

You will have to take care of projects from user specifications to production roll out in a short decision-making environment.

Education

Master's (M2) in Computing science or equivalent 

Professional experience

Between 1 and 3 years of experience in inhouse software development. A first experience in finance is preferred but not mandatory.

Required skills

• Perfect understanding of object programming concepts

• Significant experience in inhouse JAVA applications development

• GIT or SVN source code managing

• First use and knowledge of relational database querying, ideally PostgreSQL

Willingness to learn, progress and always “go the extra mile”.

• Numerical fluency and a high comfort level with technical subjects

• Strong analytical skills and judgement.

• Fluency in English is required.

• A first use of IntelliJ IDE is a plus.

Terms 

Length : Permanent contract

Start : As soon as possible

Location : 42 avenue Montaigne, 75008 Paris, France

Contact : splossard@varennecapital.com

Varenne Capital Partners is Paris-based, process-driven, global investment manager with over 3 billion euro of assets under management, whose purpose is to deliver superior long-term returns with the minimum necessary risk-taking. We strive to achieve this goal by employing proprietary research and combining complementary investment frameworks in a single strategy: Long Equity, Short Equity, Merger Arbitrage and Tail Risk Hedging. Our ‘brokers are not welcome’ policy means that we rely exclusively on our own internal research and base our analysis on facts and figures. All of our investment frameworks stem from years of research and development and as a result comprise original methodologies, formalized processes, dedicated teams of analysts and bespoke information systems.

Mission

The BQL team, which manages the long/short diversified strategy, selects its investments on the basis of the output of proprietary algorithms. As a member of the team, you will assist the Managers in charge of the strategies. Tasks will be varied and will include:

• Participation in the investment process: validation of the signals on which the strategy is based, portfolio construction
• Front office tasks, monitoring of corporate actions, dividends and stop losses
• Development of Reporting tools and spreadsheets on Tableau
• R&D of new proprietary algorithms

Profile

Ideally, the candidate will have a degree in either Mathematics, Engineering or Finance, have an interest in the asset management industry and seek a first full-time experience in a hedge fund. We require solid skills in programming: VBA, Python, Tableau and SQL. Good knowledge in Corporate Finance, Accounting and Financial Markets is required.

Previous experience in banking, consulting/auditing firms and asset management is a plus.

We also demand the capability of working within a team, flexibility and a proactive approach. Fluency in French would be beneficial.

Should you succeed in your tasks, you could be made an offer for a permanent position.

Terms

Length : 6 months

Start : July/September 2022

Location : 42 avenue Montaigne, 75008 Paris

Contact : talent@varennecapital.com

Varenne Capital Partners is a global hedge fund with over 3.4 billion dollars of assets under management. We strive to achieve this goal by employing proprietary research and combining complementary investment frameworks in a single strategy: Long Equity, Short Equity, Merger Arbitrage and Tail Risk Hedging. All our investment frameworks stem from years of research and development and as a result comprise original methodologies, formalized processes, dedicated teams of analysts and bespoke information systems. It is the opportunity for you to join a well-established and fast-growing hedge fund with a long track record of success as part of a diverse, stable and experienced investment team.

Mission

The Merger Arbitrage strategy acts as a fund within the fund. The team deploys capital on friendly and announced deals which present an attractive risk/reward profile. Each potential opportunity is carefully assessed through our proprietary in-depth analysis framework covering all aspects of a transaction. As a member of the team, you will focus on building our proprietary database and associated data analysis tools. Tasks will be varied and will include:

• Integrate data from external sources
• Create data visualizations and dashboards in Tableau for quantitative and qualitative analysis of the investment strategies
• Build new investment tools and associated workflows
• R&D of new proprietary sub-strategies

Requirements

Degree in Mathematics, Engineering or Finance

Solid skills in programming: VBA, Python, Tableau and SQL

Ability to work with datasets and to present complex information in a simplified way

Good knowledge in financial markets and merger & acquisitions

Fluency in spoken and written English essential, French is a plus

Strong work ethic and teamwork orientation with a proactive attitude

Terms

Length : 6 months

Start : As soon as possible

Location : 42 avenue Montaigne, 75008 Paris, France

Contact : bvaur@varennecapital.com

Varenne Capital Partners is a global hedge fund with over 3 billion dollars of assets under management. We strive to achieve this goal by employing proprietary research and combining complementary investment frameworks in a single strategy: Long Equity, Short Equity, Merger Arbitrage and Tail Risk Hedging. All our investment frameworks stem from years of research and development and as a result comprise original methodologies, formalized processes, dedicated teams of analysts and bespoke information systems. It is the opportunity for you to join a well-established and fast-growing hedge fund with a long track record of success as part of a diverse, stable and experienced investment team.

Mission

Varenne is seeking a graduating student or professional to join its Investor Relations team, with a focus on international markets. The Analyst/Associate will report to the Managers of the team and ultimately to the Managing Director, Business Development. The Analyst/Associate will work independently, and in conjunction with members of different teams to support the Firm’s investor reporting, client servicing, marketing, and communications efforts. We are looking for an individual who is intellectually curious, collaborative, with outstanding organizational and communication skills to join an entrepreneurial firm that continues to grow.

• Develop an in-depth knowledge of the firm's products and apply/communicate such knowledge to investor reports and updates
• Produce marketing, fund reporting packages and other investor deliverables, including monthly performance updates, and other regular data requests
• Ensure timely delivery and accurate recordkeeping of various communications
• Collaborate with colleagues across teams to obtain, analyze, and synthesize data for use in investor reports and other client communications
• Work independently and with management (including the Managing Director, Business Development, among others)
• Prepare investor diligence requests, including DDQs, RFPs, and ad hoc questions, ensuring timely, accurate and appropriate responses
• Help coordinate due diligence and investor meetings
• Help lead projects (qualitative and quantitative) related to organization,
• Proactively take on ad hoc projects and provide support for new business initiatives, as needed
• Update and maintain the CRM system
• Management of the Internet website backoffice

Profile

• 0-5 years of related work experience at an asset manager, investment adviser, advisory consultant, bank, or applicable industry firm
• Ideal candidate will possess an in-depth understanding of mechanics and dynamics of international markets
• Exemplary attention to detail and accuracy
• Excellent technical and quantitative skills; strong proficiency in Microsoft Excel, PowerPoint, and Word
• Ability to multitask and respond to changing priorities in a time-sensitive environment
• Highly motivated, proactive team player with a positive attitude
• Outstanding reputation of professional integrity
• Fluency in English
• Interest in the CFA program is a plus
• VBA, Python, SQL and other programming languages are a plus

Terms 

Length : Permanent Contract 

Start : As soon as possible  

Location : 42 avenue Montaigne, 75008 Paris, France 

Contact : jmonat@varennecapital.com 

Varenne Capital Partners est une société de gestion de portefeuille indépendante dont l’ambition est de fournir aux investisseurs des performances d’excellence avec le minimum de prise de risque nécessaire pour les obtenir. Pour ce faire, nous développons et associons plusieurs moteurs de performance : Long Actions, Short Actions, Situations Spéciales et Couvertures Macro. La gestion repose sur une activité de recherche entièrement propriétaire. Varenne Capital Partners est enregistrée auprès de l'AMF et gère une gamme de véhicules d’investissement UCITS et FIA. 

Mission

Le candidat se verra affecter différentes missions en fonction de sa vitesse et qualité d ’apprentissage. La liste des missions ci-dessus est non exhaustive :

• Suivi de la facturation des fonds 
• Suivi des flux et des positions de nos portefeuilles (cash et titres) sur différents types de produits (OTC, Listé)  
• Suivi des Opérations Sur Titres dans l’outil interne. 
• Gestion des Reset sur positions EQS 
• Mise à jour des outils (référentiel valeurs …) 
• Participer si le besoin se présente à des projets d’amélioration de l’outil interne et des outils annexes liés au Service 
• Mettre à jour les procédures si nécessaire.  

Vous serez en relation régulière avec nos différentes contreparties (Dépositaire, Valorisateur, Broker, Prime Broker) 

A l’issue de ce stage le candidat aura une vision plus précise et transversale de l’activité d’une société de gestion.  

Profile

Niveau Scolaire : BAC+4 Université (Master 1 Gestion, Finance) ou Ecole de commerce (avec un intérêt marqué pour la finance de marché et les métiers opérationnels). Les candidats ne répondant pas aux premiers critères sont priés de s'abstenir. 

Compétence Informatique :  Maitrise Excel, Word – VBA (niveau débutant/intermédiaire accepté), facultatif : Maitrise de Power Bi et/ou Python serait un plus. 

Compétence Linguistique : Français et Anglais, le candidat doit pouvoir communiquer dans les deux langues à l’écrit comme à l’oral. 

Qualité personnelle : Esprit d’équipe, Observation et Curiosité, Respectueux et à l’écoute. 

Terms

Durée : 6 mois

Début : Septembre 2023

Location : 42 avenue Montaigne, 75008 Paris, France

Contact : mleguyader@varennecapital.com, CV + LM