Team Flex Equity

  • Fabien Bernez
    Fabien Bernez
    Paris
    Directeur Associé
    Flex Equity
    Fabien Bernez
    Fabien Bernez
    Paris
    Directeur Associé
    Flex Equity
    @write

    Fabien a débuté son parcours professionnel en 2004, au sein de l’équipe dédiée aux financements structurés du Crédit Lyonnais. Puis il a intégré TCR Capital en tant que chargé d’affaires, de 2008 à 2012. Il est ensuite devenu Directeur de Participations jusqu’en 2014. Depuis cette date, Fabien était Directeur Associé avant de rejoindre CAPZA en Décembre 2017. Il est diplômé de l’Institut Polytechnique de Grenoble et de l’EM Lyon.

  • Jorge Anton
    Jorge Anton Aparici
    Madrid
    Principal
    Jorge Anton
    Jorge Anton Aparici
    Madrid
    Principal
    @write

    Jorge worked at 3i Group and Optima Corporate (M&A boutique) before joining CAPZA in july 2017. Jorge holds a degree in Business Administration from ICADE Business School.

  • Axel Augustin
    Axel Augustin
    Paris
    Senior Associate
    Axel Augustin
    Axel Augustin
    Paris
    Senior Associate
    @write

    After a first experience at CACIB in Structured Financing and at Ardian in Private Debt, Axel joined CAPZA in January 2018. He graduated from HEI Lille and holds a Master in Financial Technics from ESSEC.

  • Fabien Bernez
    Fabien Bernez
    Paris
    Partner
    Flex Equity
    Fabien Bernez
    Fabien Bernez
    Paris
    Partner
    Flex Equity
    @write

    Fabien began his career in 2004, in the Structured Finance team at Crédit Lyonnais. He worked for TCR Capital as an accounts officer from 2008 to 2012. He then went on to become Investments Manager until 2014, before being appointed as Managing Partner . He joined CAPZA in December 2017. Fabien is an alumnus of the Grenoble Institute of Technology and of EM Lyon Business School.

  • Bruno Bonnin
    Bruno Bonnin
    Paris
    Flex Equity Partner
    Bruno Bonnin
    Bruno Bonnin
    Paris
    Flex Equity Partner
    @write

    Bruno began his career in the Private Equity as an analyst for the investment fund Perfectis before joining CAPZA in late 2009.

    Bruno graduated from Ecole Centrale Lyon – School of Engineering in 2006. After working as a consultant for Altran for two years, Bruno resumed his studies and obtained a specialised Master’s Degree in International Finance at HEC School of Management in 2009.

  • Arnaud Carbonne
    Arnaud Carbonne
    Paris
    Senior Associate
    Arnaud Carbonne
    Arnaud Carbonne
    Paris
    Senior Associate
    @write

    After a first experience in Private Debt at Ardian, Arnaud joined CAPZA in April 2018. He graduated from ESSEC.

  • Benoit Choppin
    Paris
    Managing Partner
    Benoit Choppin
    Paris
    Managing Partner
    @write

    Benoit Choppin joined CAPZA in 2006 as a senior associate, after gaining initial experience in the Corporate Banking department of Crédit Lyonnais in London and EPF Partners (APAX small caps). He quickly climbed the ladder and became Principal in 2008, Director in 2010 and Partner in 2014.

    Until 2021, Benoit was co-Head of Flex Equity France at CAPZA where he had a leading role in originating, executing and monitoring Flex Equity investments, overseeing an investment team of 13 people.

    He was instrumental in building the Flex Equity Franchise, which offers flexible financing solutions combining majority or minority capital, convertible bonds and mezzanine debt to support small and mid-cap companies.

    He has originated and executed a dozen transactions over the past 5 years. Benoit has built a strong franchise in the small and mid-cap market in France and a deep expertise with deals such as Opteven (insurance), Horizon Software (trading software), Magellan (IT consulting and integration) or Dubbing Brothers.

    He was also actively involved in the fund-raising process of the Flex Equity strategy, which has grown from €350M for the 2017 vintage to €700M for the 2020 vintage, with a strong diversification of the LP base.

    Benoit graduated from ESSCA (2003).

  • Tommaso Galletta
    Milan
    Senior Associate
    Tommaso Galletta
    Milan
    Senior Associate
    @write

    Tommaso began his professional career in February 2016 at Emisys Capital.
    Tommaso holds a M.Sc. in International Management from Luigi Bocconi University in Milan (Double Degree Program at Fudan University – Shanghai).

  • Gino Graff
    Amsterdam
    Associate
    Gino Graff
    Amsterdam
    Associate
    @write

    Prior to joining CAPZA in 2022, Gino worked as an associate for ING’s leveraged finance team.
    After some early experience at ING Bank and Vortex Capital in Amsterdam, Gino joined ING through the corporate finance graduate program.
    Gino has studied at Tilburg University, Bocconi and Maastricht University, from which he graduated with a Master’s degree.

  • Olivier Guine
    Paris
    Director
    Olivier Guine
    Paris
    Director
    @write

    Olivier began his career at Pechel Industries. He joined the BPI France Investissement teams in 2009, first as an Investment Manager and then as an Investment Principal, before moving to CAPZA in March 2016. Olivier has a Master 225 in Corporate Finance and Financial Engineering from Université Paris Dauphine.

  • David Hoppenot
    David Hoppenot
    Paris
    Special Advisor
    David Hoppenot
    David Hoppenot
    Paris
    Special Advisor
    @write

    After a work experience in M&A, David joined in 1997 EPF Partners (Natexis Group). In 2004, he founded CAPZA with Christophe Karvelis. David is a graduate of ESSCA and holds a Master’s in Finance from ESCP in 1995.

  • Lucas Jacquet
    Paris
    Analyst
    Lucas Jacquet
    Paris
    Analyst
    @write

    After a first experience in Investment Banking at Degroof Petercam and in Private Equity at Ardian Buyout in Paris, Lucas joined CAPZA in January 2021 as an Analyst. He graduated from ESSEC.

  • Christophe Karvelis
    Christophe Karvelis Senn
    Paris
    Executive Chairman & Founder
    Christophe Karvelis
    Christophe Karvelis Senn
    Paris
    Executive Chairman & Founder
    @write

    Christophe studied first in France (IEP Paris, 1984) then in the USA (MBA from J.L. Kellogg Graduate School of Management, Northwestern University, Chicago, 1988). He joined 3i France in 1987 and became a partner and a member of the Management Committee in 1992. In 1995, he took part in the creation of the EPF Partners fund, sponsored by the Natexis group. From 1998 to 2004, he was Managing Director of ABN AMRO CAPITAL France targeting LBOs valued between €40m and €700m. In 2004, he founded CAPZA in partnership with David Hoppenot.

  • Thomas Lafougere
    Thomas Lafougère
    Paris
    Principal
    Thomas Lafougere
    Thomas Lafougère
    Paris
    Principal
    @write

    After a first experience at Morgan Stanley in the M&A team in London and at Bridgepoint in Paris, Thomas started his career at Deloitte in the Transaction Services department. He then joined CAPZA in 2016. Thomas graduated from Sciences Po Paris and holds a Master in Finance from the London School of Economics.

  • Filippo Malattia
    Milan
    Analyst
    Filippo Malattia
    Milan
    Analyst
    @write

    Prior to joining CAPZA in 2021, Filippo worked at BNP Paribas Corporate & Institutional Banking as a debt markets analyst intern, in addition to other working experiences in the finance industry.

    Filippo Malattia holds a Master of Science in Finance from Nova School of Business and Economics and a Bachelors in Business Administration and Management from Bocconi University.

  • Ennis-Mechmetali
    Ennis Mechmetali
    Munich
    Analyst
    Ennis-Mechmetali
    Ennis Mechmetali
    Munich
    Analyst
    @write

    After a first experience in M&A at PwC and Greenhill in Frankfurt as well as in Private Equity at Deutsche Beteiligungs AG (DBAG) in Frankfurt, Ennis joined the CAPZA team as an Analyst in September 2020. He holds a B.Sc. in Business Administration and a M.Sc. in Finance from WHU – Otto Beisheim School of Management.

  • Clemence Megarbane
    Clémence Megarbane
    Paris
    Principal
    Clemence Megarbane
    Clémence Megarbane
    Paris
    Principal
    @write

    Clémence began her career in 2015 with Butler Industries in the restructuring teams, before joining CAPZA in May 2017. She graduated from ESSEC.

  • Jose Tomas Moliner
    José Tomas Moliner
    Madrid
    Partner
    Jose Tomas Moliner
    José Tomas Moliner
    Madrid
    Partner
    @write

    José Tomás Moliner has developed his professional career in Investment Banking and Private Equity. In 1987, he joined BBVA and for 13 years he developed his career in Spain, United States and Latin America in the area of Investment Banking and Investor Relations. The last 9 years in BBVA, he was the Global Head of Mergers and Acquisitions, being appointed head of BBVA Private Equity in 1999. In 2000, he founded and led Diana Capital, a medium size private equity firm. In 2004, he joined and refounded iNova Capital, a Technology Venture Capital firm. He works with CAPZA since 2016.

    José Tomás has a degree in Economics from the UCM and an MBA from IESE.

  • Oliver Nell
    Munich
    Flex Equity Partner
    Oliver Nell
    Munich
    Flex Equity Partner
    @write

    Before joining CAPZA in January 2020, Oliver Nell has most recently been working for a large European asset manager. Before this, he held Partner positions at Findos Investor and at Management Capital Holding, focusing on mid-market transactions in the DACH region. He started his Private Equity career at the Swedish buy-out house EQT. Oliver Nell holds a degree in Industrial Engineering and Management from Technische University of Kaiserslautern.

  • Francisco Pichardo
    Madrid
    Analyst
    Francisco Pichardo
    Madrid
    Analyst
    @write

    After a first experience in Investment Banking at AZ Capital and in Private Equity at Alantra in Madrid, Francisco joined CAPZA in 2021 as an Analyst. He holds a degree in Business Administration from IE University.

  • Maxence Radix
    Maxence Radix
    Paris
    Managing Partner
    Maxence Radix
    Maxence Radix
    Paris
    Managing Partner
    @write

    Maxence joined CAPZA in 2005 as an associate, after gaining initial experience in the Finance Department of Cascade Direct Inc, in Portland (USA). He was quickly promoted to the rank of Principal in 2013, Director in 2014 and Partner in 2016.

    Until 2021, Maxence was co-Head of Flex Equity France at CAPZA where he had a leading role in originating, executing and monitoring Flex Equity investments, overseeing an investment team of 13 people.

    He was instrumental in building the Flex Equity Franchise in 2016, which offers flexible financing solutions combining majority or minority capital, convertible bonds and mezzanine debt to support small and mid-cap companies.

    He has originated and executed a dozen transactions over the past 5 years. Maxence has built a strong franchise in the small and mid-cap market in France and a deep expertise in tech (software and services) with deals such as Talan, Questel or Geodesial.

    He was also actively involved in the fundraising process of the Flex Equity strategy, which has grown from €350M for the 2017 vintage to €700M for the 2020 vintage, with a strong diversification of the LP base.

    Maxence holds an International Bachelor of Business Administration with a major in Market Finance from ESPEME Business School (EDHEC Group, Lille France).

  • Xavier Rivoal
    Paris
    Portfolio Analyst
    Xavier Rivoal
    Paris
    Portfolio Analyst
    @write

    Xavier joined CAPZA in March 2021 as a Portfolio Analyst, after spending three years in the Valuation Advisory team of Duff & Phelps in Paris. Xavier is a graduate of the “Institut Supérieur d’Electronique de Paris” and EM Lyon.

  • Cédric Sabbah
    Paris
    Senior Associate
    Cédric Sabbah
    Paris
    Senior Associate
    @write

    After a first experience in M&A at HSBC Paris and in Leveraged Finance at Credit Suisse in London, he joined the CAPZA team as an Associate in November 2018. Cédric is a graduate of HEC Paris.

  • Victoire Simon
    Paris
    Principal
    Victoire Simon
    Paris
    Principal
    @write

    Victoire Simon joined CAPZA in 2020. She was previously Investment Director at Weinberg Capital Partners.
    Prior to that, she was an Investment Director at RAISE, a fund specialized in small and mid-cap companies that she joined at its creation in 2013.
    She also has experience at 21 Invest and in Transaction Services at KPMG.
    Victoire holds a Master’s degree in financial engineering from EM LYON Business School and graduated from Dauphine.

  • Laure Tallon
    Paris
    Associate
    Laure Tallon
    Paris
    Associate
    @write

    After a first experience in Private Equity at Advent International in Paris, Laure joined CAPZA as an Associate in January 2020. She graduated from HEC Paris.

  • Stefano Zavattaro
    Milan
    Head of Italian Office
    Stefano Zavattaro
    Milan
    Head of Italian Office
    @write

    After graduating in Economics in Rome and specializing in Finance at the London Business School, Stefano worked as a manager for General Electric where he participated in numerous M&A and private equity transactions within the GE Capital division. He was then chosen by the French investor Siparex to launch their Italian private equity activities before becoming head of the Private Equity division of the Crédit Agricole Group. Since 2014, Stefano has been advising international investment houses on their Italian and European projects. He joined CAPZA in 2021.

  • Audrey Zeitoun
    Paris
    Senior Associate
    Audrey Zeitoun
    Paris
    Senior Associate
    @write

    Audrey gained her first experience at BNP Paribas in acquisition financing in London. She started her career in 2017 as a strategy consultant at Advancy before joining CAPZA in 2020.
    Audrey graduated from the Ecole des Mines in Paris.