KIRAO is an independent fund management company that is accredited by the AMF.
KIRAO upholds the belief that equity funds that are managed according to the principles of a rigorous method based on a financial and strategic analysis that is largely conducted internally, outperform over time.
KIRAO’s development is linked to that of its funds and therefore to their performance.
All partners have invested a significant portion of their wealth in its funds.
On the stock market, excluding extreme periods, the opportunity of having access to an investment offering a return premium relative to its risk, arises because the necessary financial and strategic diagnoses cannot be completed instantaneously and at least require a period of in-depth analysis. In other words, in terms of investments, the immediate evidence is rarely profitable.
And from this almost obvious fact follows what we think to be the essence of equity management: “cast light on… areas of doubt.” This is the meaning that we want to give our name KIRAO: to cast light on investments.
There are many areas of doubt to be cleared up in the area of stock market investment, although they may be divided into two main categories which we will call “technical” and “strategic”. They arise from the complex combination of accounting/legal/shareholding matters for technical areas of doubt; and from the ecosystem in which companies operate for strategic areas of doubt.
This complexity is further reinforced by the organic nature of companies, which regularly make decisions whose scope is difficult to appreciate: disposals/acquisitions; new products/services, to name but a few.
If you would like to apply for employment with us, please send us your CV and covering letter to this address: firstname.lastname@example.org
Fabrice Revol is a graduate of ESC Reims and a chartered financial analyst (SFAF). He has over 15 years of experience working in the equity market, beginning his career as a Sell Side financial analyst at Natixis Securities (formerly CDC Bourse) for 5 years; first in the agri-food and then the technology sectors.
He was then a Partner in charge of equity analysis and sales at Arkeon Finance for 3 years, after which he founded the asset management company Sapientia AM in 2006, where he was the Chairman.
In 2010, he joined Amplegest as a Partner and head of equity fund management (€250m in assets under management) and was the fund manager of Amplegest Multicaps. He worked there until the end of 2013 before founding Kirao in 2014.
Saad Benlamine, CFA, graduated from ISC Paris. After working for OFI AM and Amiral Gestion, he joined Natixis AM in 2008, first as an equity analyst and then a credit analyst in charge of the banking sector. He joined Amplegest in 2011, where he was a financial analyst for the funds Amplegest Multicaps and Amplegest Midcaps. He then managed the Amplegest Midcaps fund from 2013.
He joined Kirao in early 2015 to manage the Kirao Smallcaps fund.
Holding a Master of Finance from IAE Paris I Panthéon-Sorbonne and a chartered financial analyst (SFAF), Stephan was a Sell Side financial analyst at Arkeon Finance from 2005 until 2012. Responsible for the Healthcare sector, he also followed a number of other European stocks, using a stock-picking approach. He took part in several tasks to assess companies as part of financing transactions.
After this, Stephan was head of Investor Relations at FTI Consulting, a firm specialised in financial communication strategies.
He joined Kirao as an equity analyst at the end of 2015.
Thomas Alzuyeta graduated from EDHEC Business School. He has been a sell-side analyst for more than 10 years within Fortis’, Gilbert Dupont’s and Kepler Cheuvreux’s research offices. He has covered different sectors, such as Leisures and Services, Consumer Goods and Video Games before focusing on Capital Goods.
He joined Kirao as an equity analyst in 2017 to cover this sector.
Bastien Grosheny graduated from NEOMA Business School (Reims) and passed the CFA level three. After an internship as an equity analyst at Société Générale Private Banking, he joined the Small & Midcaps research team at Kepler Cheuvreux.
He joined Kirao in 2018 as a financial analyst in charge of European Small & Midcaps.
Armand Boissier, CFA, graduated from EDHEC Business School with an Msc in Financial Markets and a Master in Management. After working for Financière de l’Echiquier, AXA IM and Goldman Sachs AM, he has raised substantial assets for Third Party Marketers among Institutional and Private Banks in France, Switzerland and Luxembourg.
He joined Kirao in early 2017 to develop Institutional and Private Banking relationships.
As an ESSEC graduate, Xavier Gandrille began his career in 1981 as a financial analyst. In 1992, he joined the stockbroker Massonaud-Fontenay, before participating in the creation of the asset management company Fontenay Gestion.
In 2007, he became the founding CEO of the asset management company Amplegest, before becoming Chairman and head of investment strategy until 2013 (€550m in assets under management when he left).
With extensive experience as a market economist, and responsive to the needs of private asset management clients, he joined KIRAO in charge of private asset management clients, where he is in charge of asset allocation.
Graduate from ESG, Frédéric Maréchal began his career in 1996 as a portfolio manager at the stockbroker Massonaud-Fontenay and then at the asset management company Fontenay Gestion.
In 2007, he became a partner and co-founder of the asset management company Amplegest, in charge of discretionary management for mandate clients.
With more than 20 years of experience in the financial markets and a deep understanding of client demands, he joined Kirao in 2016 in order to develop the private client activities.
Graduate from Neoma Business School (Reims) and Sciences Po Paris, Mathieu Kaiser began his career as an economical and financial journalist at Bridge Information Systems, before becoming an economist.
After 13 years at BNP Paribas as head of economic research then as head of risks, he joined Kirao in 2018 to develop the private client activities.
Graduate from ENSAE and Sciences Po Paris, Crama Trouillot-du Boÿs has worked more than 15 years on the stock market and in structured financing.
She joined Kirao in 2018 to manage the general secretariat (risk, compliance, middle office).
A graduate from the University of Cergy-Pontoise, Marc Fauvel joined the middle office team in 2016 following a work-study program of two years at Kirao.
Isabelle El-Himar has an MBA in management of sustainable development from ISG. She previously worked as a middle-office operator at Allianz for 10 years.
Catherine Betton has a Masters degree in the History of Art. She worked for over 10 years as Head of the Middle Office at Global Investment Manager before joining Kirao in 2015.