The Investment Team
Stefano Zavaglia is the founder of GFG group, created in 2010 in Monaco with premises in London, Lausanne and Milano. Between 2002 and 2010 Mr. Zavaglia worked for Deutsche Bank in London where he held numerous roles, including Manager of Italian and Southern Europe Credit Sales. Before 2002 he worked for CM Capital Markets Madrid as responsible for the Italian Fixed Income Corporate Bond Market. For CM Capital Markets has been one of the key person for the opening in the 2001 of CM Capital Markets Sim Spa Milan as dealing room manager with a team of 15 financial professionals. Since the beginning of his financial carrier in 1991 in ICM Sim Spa Milan he has been working in the interest rates derivatives and foreign exchange option market.
Roberto joined GFG in 2015 as a fund manager. He started his career in 2006 as a fund analyst at Banca Reale, the investment company of the Reale Group. Soon thereafter, Roberto became the portfolio manager of Reale’s financial and insurance products and, ultimately, the fund manager of their multi-asset portfolios. Simultaneously, he utilised his strong numeric and quantitative skills to create the front-end technology system for the financial and risk management department. Roberto is a graduate in financial economics, with a focus on quantitative statistical analysis.
Roberta joined GFG in 2016 as an assistant portfolio manager. She started her career in 2012 working for G&G Private Finance, a Monaco-based Asset Management company, where she was responsible for the Trade Execution desk. Roberta holds a Bachelor degree in Economics and Finance from Bocconi University and a Master degree in Finance from the International University of Monaco.
Simona is an Administrator at GFG and a Director of the Efficiency Growth Fund. She has previously covered the role of Senior Consultant for the Group. Having worked in the financial markets in London for 22 years, she was a credit specialist at Societe Generale, Nomura and Deutsche Bank, before joining RBS to run Italian Sales across a range of products which included flow credit, structured products and equity derivatives. For the last 7 years in London, she developed business in distressed debt and special situations. She holds a BSc in Applied Mathematics from the University of Reading.
Fedele is an Administrator at GFG. He has previously covered the role of Fixed Income consultant for the Group. Fedele has more than 22 years of cumulative financial industry experience. He started in the ’94 at Istituto Bancario San Paolo di Torino as a Credit Analyst becoming then Head of Credit Analysis within the Corporate Department. He kept developing his knowledge of the Fixed Income markets as an Eurobond trader, dealing with Credit-Related Fixed Income Securities & Structured Credit Products. From ’00 to ’07 he has been Head of Credit & Equity Trading – Managing Director at Intesa Sanpaolo Spa, where he was responsible for Intesa’s €80bn Credit Derivative Portfolio & Proprietary Equity Trading business (30 people) which included the following activities: plain vanilla credit portfolio trading (a €65bn book with over 660 reference entities traded), basic credit derivatives, leveraged credit & correlation trading, distressed debt trading, ABSs, CDOs and others for the Fixed Income side; long/short & volatility equity trading, structured equity trading, capital structure arbitrage in credit & equity financial instruments for the Equity side. From ’07 to ’14 Fedele worked at Deutsche Bank, initially as Co-Head of Credit RVG Sales and in the last 4 years was Head of Italian Credit Sales where his Team performance was consistent during all period. At the end of ’15 he founded Wealth Advisory Solutions (WAS) Limited, a family office business focused on offering Bond Advisory services on managed accounts and funds.
Mauro has been part of the GFG Monaco SAM team since 2017. He has 21 years of cumulative financial industry experience and 14 years specifically as a Hedge Fund Investment professional. Mauro began his career as a Country Analyst for Schroders Securities in 1996. In 2001 he was recruited by Lehman Brothers as a Senior Financial analyst. In May 2002, he moved to the buy-side when he contributed to the successful launch of the GLG Financial Fund as co-manager of the fund. After a few years, he became a founding partner and portfolio manager of the UC Financials Fund which won the EuroHedge award for best Global fund in 2006. More recently he has worked for SAC Global Investors (Feb 2011- Oct 2013) and BlueCrest Capital Management (Dec 2013-Jan 2016). Mauro graduated from the Universita’ degli Studi di Torino in Administration and Management in 1993 and holds a post graduate degree of Financial Analyst from Profingest Business School of Bologna.
Antonio di Flumeri
Antonio collaborates with GFG Monaco SAM since September 2018. He has more than 23 years of cumulative financial industry experience and 10 years of investment activities including the launch of a Long/short Credit Fund Isabella Credit Opportunities as a Chief Investment Officer which generated 7% of net annualised investment return with 4% annualised volatility over 4 years activity. Prior to that Antonio was at Deutsche Bank London for 10 years, 7 years as a Managing Director, where he held a number of key responsibilities, Global Co-Head of Illiquid Finance for 3 years managing a team of circa 100 professionals worldwide with annual revenues in excess of $400m and Head of European Credit Trading (Investment grade, High Yield and Credit Derivatives) for 7 years, managing substantially all of DB’s flow credit business in Europe and European Convertible Trading for 1 year. Previously, Antonio was a fixed income cash and derivatives trader at Lehman Brothers in London. He Holds a MSc in Economics and Finance from Bocconi University, cum laude.
Vincent joined GFG Monaco SAM in 2016. Prior joining GFG, Vincent had experiences in Portfolio Management at UBS AG, Monaco and at BNP Paribas, Paris. Vincent holds a Master in Management and a Master of Science in Corporate Finance from EDHEC Business School, Nice.
Tommaso joined GFG in 2015. He started working in the financial industry in 2014 with Deloitte Consulting S.r.l. as an IT adviser and was involved in a number of projects across a broad range of mid-sized Italian banks. He previously completed a Ph.D. in applied mathematics at the “Universidad Completense de Madrid”, spending two years as a visiting researcher in France and Switzerland, focusing his research on the controllability of dynamic systems driven by partial differential equations.
Lorenzo joined GFG in 2016. He began working in the financial industry in 2014 with Deloitte Consulting S.r.l. as an IT advisor and was involved in a number of projects across a broad range of Italian banks such as “Gruppo Banco Desio”, “Volkswagen Financial Services”, “Intesa San Paolo”. He previously graduated in Mathematical Engineering, Computational Finance at “Politecnico of Milan”.
Guillaume joined GFG Monaco SAM in 2017 after graduating from the BBA program at EDHEC Business School. During this studies, Guillaume obtained a double degree from the Manhattan Institute of Management in New York City and had an experience in Wealth Management at Caisse d’Epargne. Guillaume holds a Master in Science in Finance from EDHEC Business School, Nice.
Francesco joined GFG in 2018. He began working in the financial industry in 2015 in the UniCredit group as a Business Analyst specialized in Financial Risk. He worked in the scenario generation for Counterparty credit risk and Credit value adjustments and was involved in a number of regulatory driven Financial Risk projects, such as FRTB and CCR back-testing. He holds an MSc in Mathematics from “Universita’ degli studi di Milano”.