Azimut Capital Management Sgr

Azimut Capital Management Sgr Azimut Capital Management Sgr spa specializes in the management of hedge funds.

Hedge funds are investment instruments characterized by broader, more flexible management techniques than traditional funds. They are instruments aimed at investors who are fully aware of potential risks, and Italian legislation has laid down a high access threshold to investment (EUR 500,000) and special placement procedure.

Azimut is one of the few Italian players to manage pure hedge funds (most Italian companies focus on funds of hedge funds). The management company devoted to hedge funds benefits from experience gained in the sector of flexible funds or total return funds - first launched by Azimut in 1993 – funds, which like hedge funds, seek a positive result and are not tied to a benchmark. The success of these funds, which account for approximately 30% of the portfolios managed by Azimut, reinforced the decision to establish a speculative management company specializing in hedge funds. For more information, write to azimutcm@azimut.it. or telephone 02.88985888

 

The Managers

AlessandroBaldinAlessandro Baldin
Alessandro Baldin graduated in economics from the University of Trieste and started work in London with Banca Commerciale Italiana, in charge of equity market sales. From 1991 to 1997 he worked in Milan and London for BZW (investment bank of the Barclays Bank group) in charge of the Italian equities team. In 1997 he joined CSFB, first as head of the Italian Equity Desk, and from 1999 was in charge of European equity market sales, where he worked in close contact with major London hedge funds.

FermoMarelliFermo Marelli
Fermo Marelli graduated in economy from the Bocconi University in Milan. He worked in London from 1992 to 2003, first with BZW (Barclays Group), then with Credit Suisse First Boston as a sell-side analyst for the Italian equity market, and then for the Italian and French banking sectors. He eventually became co-head of the European banks research team. In 2003 he returned to Milan and joined Fineco-AM in charge of the Equity Research unit, managing a team of eight researchers focusing on buy-side equity research on European securities.

GiuseppePastorelliGiuseppe Pastorelli
Giuseppe Pastorelli has a degree in economy from Roma Tre University and a Master’s degree in International Finance from Pavia University. In 2002 he joined Gestielle SGR (now Aletti-Gestielle SGR) as a buy-side analyst in the pharmaceutical/biotechnology and global consumption sectors. He has been with Azimut since 2004, where he first worked as a buy-side analyst in the European consumption sector. Since 2007 he has held the same position with Azimut Capital Management.


GiorgioMeddaGiorgio Medda
Giorgio Medda graduated in economy from the Bocconi University in Milan. He began his career with Albacom (British Telecom’s Italian joint venture), where he worked as part of the internal audit team from 1998 to 2000. From 2000 to 2001 he was an Italian telecommunications sector sell-side analyst with Mediobanca. From 2001 to 2007 he worked at CSFB (now Credit Suisse) in London as an Italian and Greek utilities sell-side analyst, eventually becoming leader of the European utilities and infrastructures research team.