Our Team

Investment and operational teams are crucial to Varenne Capital Partners and we focus hard on fostering individual talent while maintaining an ethos of teamwork, collaboration and accountability. As a result, the firm has experienced very low staff turnover and our top-level management has been with the company since inception.

Investment professionals are organized in different teams – Long Equity, Short Equity, Merger Arbitrage and Tail Risk Hedging. The teams are in charge of originating the investment ideas presented to the firm’s investment committee.

Investment Professionals


Giuseppe PERRONE

CEO, Managing Partner

Co-founded the Company in January 2003 and developed the methodology and process that is at the heart of its investment strategies. Previously served as Senior Strategy and Finance Consultant with Corporate Value Associates, the international strategy consulting firm, where he advised corporations including Cogema, Britannic Assurance, Carrefour, Pechiney (Alcan) and Lafarge. He subsequently took part as an investor in the successful turnaround of MEGA Intl., a spin-off of Capgemini based in Boston, Massachusetts, where he had the opportunity to study the investment principles of Warren E. Buffett, George Soros, James B. Rogers and the analytical framework of Professor Michael Porter (Harvard University). Giuseppe graduated top marks from Bocconi University in Milan and HEC in Paris.

Marco SORMANI

Managing Partner

Co-founded the Company in January 2003. Prior to that, Marco served as Senior Manager with Corporate Value Associates where he developed an extensive experience in different industries and countries being based in London, Paris and Milan. With specific expertise in cross-border mergers and acquisitions, Marco advised clients including Barclays, Federal Express, Valéo, la Poste, Lafarge, Gruppo Poste Italiane and Ferrovie dello Stato in their strategic decisions. He was in charge of global transportation and logistics practice and held overall responsibility for business development in the Italian market. Previous to joining Corporate Value Associates, Marco served as an auditor for KPMG in Paris. Marco Sormani graduated, summa cum laude, from Bocconi University in Milan, HEC in Paris and is an alumnus of NYU Stern School of Business.

David MELLUL

Managing Director

David has responsibility over company activities and operations. David joined Varenne Capital Partners since inception and was instrumental in developing the processes, systems and procedures that implement the Varenne methodology today. More than ten years of experience within the company, firstly as Compliance Officer, then as Director of Operations, finally as Analyst and Portfolio Manager in the Merger Arbitrage team, have provided David with an in-depth knowledge of Varenne Capital Partners and all key aspects of the asset management business. David is a graduate from the Sorbonne University and holds two Master Degrees in Finance from Assas University in Paris.

Laurent DELEPINE

Head of Execution

Laurent is the Head of Trading Execution. He has more than 20 years of international experience in the Financial Markets in both London and Paris. Previous to joining Varenne Capital Partners, Laurent held similar positions at Société Générale in London, and ADI (Alternative Derivative Investments) in Paris, where he was in charge of liaising with Prime Brokers, Brokers and Administrators for long/short and multi-strategy funds with assets under management exceeding 3 billion Euros. Previous to that, he has been a trader on London’s Liffe for 10 years. Laurent holds a Degree in Economics from the Assas University.

Aliénor CAZELLES

Trader

Aliénor Cazelles is trader in the trading / execution team after working as an analyst/ fund manager with the «merger arbitrage » team for over 3 years. Before joining Varenne Capital, Aliénor started her professional career at G&G Private Finance in Monaco. Aliénor holds a master’s degree in financial engineering from the University Panthéon-Assas in Paris as well as a bachelors in Market Finance from the business school EDHEC in Nice. She also studied Economics at the University of Ljubljana in Slovenia.

Florent BERSANI

Analyst

Florent is part of the Tail Risk hedging team where he performs analysis and trading execution. Prior to joining Varenne, Florent served as a proprietary trader in London at Boussard & Gavaudan and BTG Pactual. Previous to that, Florent was a trader on the exotics hybrids derivatives desk of Société Générale in Paris and worked as team leader in cryptography and routing algorithms. Mr. Bersani is a graduate of the École Polytechnique in Paris, the École Nationale Supérieure des Télécommunications and has a master summa cum laude in Statistics & Finance from the University of Paris VII.

Mustapha MAMACHE

Analyst

Mustapha is in charge of analysing insider’s publicly disclosed transactions and financial analysis for both Long and Short Equity strategies. After a one-year internship, he joined Varenne Capital Partners in 2011 and has helped develop tools for screening new investment opportunities. Mustapha holds a Master  degree in Portfolio Management from the Gustave Eiffel Institute of Corporate Administration. He also studied at the Sherbrooke University in Canada.

Giacomo DE NARDIS

Analyst

Giacomo has overall responsibility over the Short Equity framework and is lead analyst for the Tail Risk Hedging strategy. Upon joining Varenne in 2010, he was key to the development of the Merger Arbitrage, Dealing of Insiders and Short Equity frameworks. After completing a term at CASS Business School in London, Giacomo obtained a Master degree in Corporate Finance and Financial Markets (summa cum laude) and, before rejoining the team in 2016, a Master in International Affairs at LUISS University, Rome, where he also served as an assistant professor.

Joachim HERMANN

Analyst

Joachim is in charge of advanced financial analysis within the Short Equity team. A graduate from the prestigious ESSEC business school, Joachim returned to Paris from two years in London at Goldman Sachs before joining Varenne Capital Partners.

Victoria CAMPION

Analyst

Victoria is part of the Long Equity team where she specializes in business analysis. She graduated with a Starred First from the University of Cambridge, and spent a semester at Sciences Po in Paris. Prior to joining Varenne, Victoria acquired professional experience at Linklaters LLP in London and S&P Global in Paris.

Bertrand VAUR

Analyst and Information Management

Bertrand is an analyst for the Merger Arbitrage strategy and in charge of the company’s Information Management. In this capacity he supervises the Info Search team. Upon arriving in 2010, he contributed actively to rolling out the Merger Arbitrage framework while developing the company’s information system, particularly the behavioural databases, fundamental screening and scoring systems and the financial analysis tools. Bertrand holds a Master in Financial Engineering and a Master in Banking & Finance from Assas University, from which he graduated top of the class.

Michaël IFRAH

Analyst

Michael is an analyst for the Merger Arbitrage strategy. Prior to joining Varenne, Michael served as a hedge fund analyst in London at Amundi, specialized in event driven and long/short equity strategies. Michael holds a Master in Financial Markets and Risk Management from the Audencia Business school.

Nicolas VARGAS

Analyst

Nicolas is an analyst within the Short & Baskets. Prior to joining Varenne, Nicolas worked as a US Equity analyst at Comgest and at Natixis in the OTC Derivatives Operations. Nicolas holds a Master Grande École in Asset Management from IÉSEG and a bachelor degree in Finance and Foreign Affairs from Universidad Externado de Colombia.

Investor Relations


Franck HERVÉ

Director of Business Development

Franck is Director of Business Development. Franck brings to the Company over 15 years of experience in the asset management industry. Previous to joining the Company, he held overall responsibility for defining and executing the business development strategy at Cholet Dupont Asset Management. Before that, he served as Director of Business Development for ACOFI Gestion and ECOFI Investment (Group Crédit Coopératif) where he was appointed to the Executive Board of the Bank. Mr. Hervé started his career at Mutuelles du Mans Assurances before participating in the construction of the Financial Services for Group Carrefour. Franck is a graduate from the ISCT, Group European Business School, in Paris.

François BAZIN

Director of Business Development

François is Director of Business Development. Formerly Deputy Head of Global Sales at Société Générale Asset Management (“SGAM”), François brings to Varenne Capital Partners a track record of success of more than 20 years and supports the business development team by focusing specifically on international markets. He is based in London where he serves as a partner at Lancea Partners.

David WIERZBA

Director of Business Development

David serves as Business Development Manager in charge of the French wealth management advisors. Prior to joining Varenne Capital Partners, David gained a significant experience in the financial markets while serving as an analyst for Euroland Finance, the French brokerage firm, and Société Générale Asset Management (“SGAM”). David holds a Master degree in Finance from the ESG business school.

Yanis KESSI

Business development

Yanis Kessi in charge of business development. Prior to joining Varenne Capital, he developed the clientele for advisors at Lyxor Asset Management. Yanis holds a Master degree in Wealth Management from the University of Clermont-Ferrand.

Isabelle VOCI

Operational Marketing

Isabelle is in charge of the Operational Marketing. Prior to joining Varenne Capital Partners, Isabelle served for more than 15 years in similar positions for Richelieu Finance, CPR AM, Financière de l’Echiquier and Banque Privée 1818. Isabelle holds a Degree in Law from Nanterre University.

Bo HUANG

Head of Product Marketing

Bo Huang is Head of Product Marketing. She brings over 15 years of experience acquired in investment consultancy and fund selection practices in the international market. Prior to joining Varenne Capital Partners, Bo was Head of Research and Product Specialist at an investment and distribution platform, iM Global Partner in London. Prior to that, she served as portfolio manager of multi-asset multi-manager funds at Tilney group, a large UK wealth manager, and manager research analyst at Stamford Associates, a UK-based investment consultant. Bo started her career in Paris and worked as due diligence analyst for a fund of hedge fund at Natixis. She graduated from ESCP Business School and University of Paris II Pantheon Assas. Bo is a CFA Charterholder and speaks Chinese, French and English.

Lewis MEREDITH SMITH

Investor Relations

Lewis Meredith Smith joined Varenne Capital in October 2018, as Investor Relations. Before joining Varenne Capital, Lewis managed a Smart beta and a Statistical Arbitrage find at Finaltis. Previously he worked at Calyon where he also managed arbitrage portfolios as a proprietary trader covering convertibles bonds, stocks and derivatives. Lewis started his career on the MATIF with Bank of America as a market maker. Lewis holds a Bsc Economics with Statistics form the University of Bristol and is a CFA charter holder.

Compliance, Risk and Operations


Morgan LE GUYADER

Operations

Morgan Le Guyader is Head of Operations and Middle Office activities at Varenne Capital Partners. Morgan brings extensive Middle Office experience on both operational and organizational levels and in project management. Prior to joining Varenne Capital, he worked at Pro Capital Belgium and then at Rothschild AM as a Middle Officer before becoming Head of Organizational Projects and IT. Morgan has a Master’s in Financial Markets from Université Lumière Lyon 2.

Tawfik RIDA

Middle office

Tawfik Rida is a middle officer at Varenne Capital. Tawfiq started his career as a fund valuation officer at la Société Général Securities Services. He then pursued his career as operational support at AEP and then at Rothschild & Co Asset Management. Tawfik holds a degree in economics and management from the Paris X University Nanterre and a master’s degree in market finance, specialised in capital markets, from  the  Conservatoire National des Arts et Métiers.

Laurent CHRÉTIEN

Head of Risk Management

Laurent is in charge of Risk Management. Laurent brings over 15 years of experience acquired in the derivatives industry as a quantitative risk analyst. Formerly head of the quantitative risk studies at Exane Derivatives, he also held different positions in major institutions like Barclays Capital and Citibank, both on the trading floor and in the risk department. Laurent holds a PhD in Applied Mathematics from Claude Bernard University in Lyon.

Christophe AMIRAULT

Human Resources

Christophe Amirault is the Director of Human Resources, having joined Varenne Capital Partners in February 2017. He brings more than 25 years of experience to this role, having spent significant amounts of time with both Crédit Agricole and Union Financière de France. He has also worked as a consultant in the strategic management and development of human capital for small- and medium-sized companies. Christophe is a graduate of the Institut Supérieur du Commerce (ISC Paris) as well as holding a degree in French Contract Law from Arts et Métiers.

Nicolas TOUZÉ

Chief financial officer

Nicolas is Chief financial officer, previously responsible for Compliance. Nicolas brings to Varenne an extensive experience of over 25 years within Société Générale where he was in charge of operational risk management for Lyxor and, previously, global client service at Société Générale Asset Management (“SGAM”). Prior to that, he served as internal control manager and, subsequently, founded and managed SGAM’s Dublin CTA subsidiary. Nicolas is a graduate from Rennes University.

Sarah KSAS

Chief Compliance Officer

Sarah is responsible for Compliance and Internal control. Sarah brings to the company over 15 years of experience in control functions in asset management. Prior to joining Varenne Capital Partners, Sarah held the same position at Ossiam, quantitative asset manager, affiliate of Natixis Investment Managers.  Previously, she was Senior Manager at Deloitte & Associés in the asset management division. Sarah is an engineer from the Institut National des Sciences Appliquées (INSA) and holds a Master's degree in Audit from HEC.

Séverin PLOSSARD

Director of Information Systems

Séverin is Director of Information Systems and brings to the company 17 years of experience in IT development and finance. Having previously been in charge of information systems for 10 years at Exane Asset Management, he then worked for 3 years as applications manager at Tocqueville Finance (Private Banking, Asset management and life insurance), and subsequently began his career in Private Banking as an IT project manager and then head of the information systems team for 5 years at Oddo & Cie. Séverin is a graduate engineer from ESIEA and has a Lean Six Sigma Black Belt from the Ecole CentraleSupélec in Paris.

Dorian PERY

Software Engineer

Dorian contributes to developing and maintaining Varenne Capital’s proprietary information systems. Prior to joining Varenne, Dorian worked for BPCE as a business intelligence analyst and Crédit Mutuel as a lead developer on the TARGET project. Dorian holds a degree in image processing and computer science from the engineering school of Télécom Saint Etienne where he graduated with the academic excellence award.