Reech Appoints Two To Head Credit Team

Apr 18 2008 | 11:21am ET

Luxembourg-based alternative asset manager Reech Alternative Investment Management has recruited two brothers, Fabrice and Sylvio Jaudi, from ADI Alternative Investments in Paris to head the firm's new credit team.

Fabrice was responsible for setting up and running the credit arbitrage division at ADI, having previously developed and run the convertible bond arbitrage and long-only divisions at Dexia Asset Management. Sylvio has worked at ADI since its launch in 1998 and has been a member of the board since 2001. He developed the firm's convertible bond and volatility arbitrage division and was responsible for European and Asian investments from 2005.

“They have a wealth of experience when it comes to developing and understanding the area of convertible bond arbitrage and volatility arbitrage, which will play a crucial part in the new credit fund due to be launched later this year,” said chief executive Christophe Reech.

Launched in April 2006, Reech AiM manages a diverse range of active quantitative and alternative investment strategies.

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