Candriam, a global multi-asset management firm focused on sustainable and responsible investing, announces today the launch of the Candriam Alternative Investments platform. This strategic evolution underscores Candriam’s commitment to innovation in response to the growing demand for alternative investment solutions in the current market environment.
This reorganization has been carefully designed to leverage Candriam’s extensive expertise, bringing together several specialized teams, including Absolute Return Quantitative Equity (encompassing Market Neutral Equity, Index Arbitrage, M&A Arbitrage, and Quantitative Equity teams), Quantitative Multi-Asset, and Multi-Management (including Hedge Funds and Advisory).
With over 23 billion euros in assets under management (AUM) through this integrated platform, the primary objective is to optimize synergies among teams to deliver consistent positive returns across different market cycles. Candriam will also enhance its focus on ESG integration within its alternative investments and aims to launch new innovative absolute return solutions centered around ESG, reinforcing its commitment to responsible investment.
To lead this newly unified division, Candriam has appointed Steeve Brument as Global Head of Alternative Investments. Steeve, formerly Director of Multi-Asset Quantitative Strategies and Deputy Director of Multi-Asset at Candriam, brings a 25-year career in the industry, including a 20-year tenure as a fund manager at Candriam. In this new role, Steeve will work with a team of 34 investment professionals dedicated to alternative investment solutions. He will report directly to Nicolas Forest, CIO of Candriam, and will also be a member of Candriam’s Executive Committee.
Candriam’s alternative investment platform is further complemented by its alternative credit strategies, forming part of its broader fixed-income offering. This approach harnesses the strengths of all departments, fostering synergy and innovation in their investment solutions.
“For over two decades, Candriam has been at the forefront of offering innovative absolute return solutions, consistently aiming to deliver risk-adjusted returns across different market cycles. We are confident that the appetite for alternative strategies will continue to grow as they provide an attractive option for diversification and favorable risk-return profiles. The unification of our alternative investments represents an evolution for Candriam, bringing together our deep expertise across different teams and solutions. Our goal is to provide our clients with even richer insights and more innovative alternative solutions. I want to congratulate Steeve on assuming his new role. His leadership will be crucial as we continue to strive to offer the best opportunities to our clients.”
<strong>Nicolas Forest, CIO of Candriam</strong>
Candriam also announces today the appointment of Grégoire Thomas as Head of Equity Market Neutral within the Alternative Investments division. With over 20 years of experience in the industry at firms such as Millennium, Bank of America, and Société Générale, Grégoire brings deep expertise in index arbitrage and market-neutral strategies.
After a 20-year career at Candriam, Emmanuel Terraz, Global Head of Absolute Return and Quantitative Equity, has decided to leave the company and pursue a new direction in his professional life. Grégoire Thomas will assume the role of lead manager for Equity Market Neutral and Index Arbitrage strategies, alongside the current fund management team.