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Stéphane Parlebas joined Chenavari in June 2010 as a Portfolio Manager focused on the European Financials Strategy, specialising in relative value strategies in bonds and CDS. Stéphane has over 25 years’ experience in the industry. Prior to joining Chenavari, Stéphane spent six years with SGAM AI and Lyxor Asset Management where he held the position of Co-Head of Credit Management. Stéphane was responsible for establishing the credit team and was also mandated to develop credit funds and corporate CDOs. When SGAM AI merged with Lyxor Asset Management in September 2009, Stéphane played a pivotal role in the transfer of CSO management mandates amounting to €1.2bn, to Chenavari. Stéphane commenced his career at Commerzbank AG in Paris, initially as a buy side Credit Analyst and subsequently as a fixed income Portfolio Manager. Stéphane holds an Executive Masters in Corporate Finance and Capital Markets from IEP Paris.