In line with the development of Kepler Cheuvreux Corporate Finance, the Group has decided to reinforce this activity by making a new strategic recruitment:

Laurent Lépinay as Managing Director – Head of Corporate Finance Market Solutions, based in Paris. Before joining Kepler Cheuvreux, Laurent gained significant product experience and demonstrated his appetite for business with an entrepreneurial spirit. He started his career as an Equity Derivatives Analyst at Exane and rapidly joined the Convertible desk team of the brokerage firm in Paris and in Geneva. He then moved to Deutsche Bank, where he established the Convertible activity in France, before acting as Head of CB sales in Hong Kong for Asia and Japan. He then joined Natixis to head their Convertible Sales & Research business and moved to Equity Capital Market to head the International ECM effort for 4 years. He was most recently Head of Development of Praexo, a French Saas company that developed a digital platform dedicated to improving relations between listed companies and investors.

His responsibilities cover the Equity-Linked and Equity Line origination, as well as the promotion of Sponsored Research and Liquidity Contracts for Small and Mid-Caps.

Laurent graduated from the ESCP Business School.

Kepler Cheuvreux Solutions is pleased to announce the appointments of Adrien Berdah as Executive Director, French Institutional Clients and Victor Coqblin as Executive Director, Belux & Monaco.

Adrien Berdah is in charge of the Business Unit covering French Institutional Clients. He joined Kepler Cheuvreux Solutions in 2018 after 8 years at Société Générale. Adrien is a graduate of ESSEC Business School.

Victor Coqblin is in charge of the Business Unit covering clients based in Belgium, Luxembourg and Monaco. He joined Kepler Cheuvreux Solutions in 2020 after 7 years at Société Générale and an experience at Crédit Agricole CIB. Victor is a graduate of Audencia Business School.

Kepler Cheuvreux is very pleased to announce the appointment of Diane Mabille, as Head of Share Management & Market Intelligence. Diane joins the Group from Rothschild & Co where she worked for almost 7 years in charge of Market Monitoring of a portfolio of Large caps within the Corporate Market Services team. She also worked at Exane for 8 years as Corporate Sales European Equities. Diane graduated from the SKEMA Business School. In her new senior role, Diane will lead the Kepler Cheuvreux Share Management team. She will also be in charge of developments of new offers around market information and data analysis.

The Group is also is very pleased to announce the appointment of Daniel Matias-Garraz, as Deputy Head of Corporate Brokerage. Daniel works at Kepler Cheuvreux for more than 15 years. Daniel graduated from The Sorbonne University and The Cergy University. In his new role, Daniel will continue to actively support the Corporate Brokerage franchise development especially in Europe and second Cyril Gerard, Head of Corporate Brokerage, in all managements aspects.

Paris, 6 April 2022

Kepler Cheuvreux announces three major new appointments to support its strategic ambitions in Equity Brokerage: Stéphane Bouret as Global Head of Equity Brokerage, Mathieu Labille as Deputy Global Head of Equity Brokerage and Chris McConville as Managing Director – Global Head of Execution Services and Trading.

“These appointments mark an important step forward in our Equity Brokerage and Execution businesses, as the generational management transition is of utmost importance to the Kepler Cheuvreux Group.” stated Laurent Quirin, Chairman of the Supervisory Board of Kepler Cheuvreux.

Global Head of Equity Brokerage – Stéphane Bouret

Stéphane Bouret has been nominated Global Head of Equity Brokerage of Kepler Cheuvreux. After spending five years as an analyst at HSBC, Stephane joined the Kepler Cheuvreux Group 22 years ago, first working as a salesman for French clients, later as head of sales for the Continental European Client Zone and in the last few years as Global Head of Sales. Based in Paris, Stéphane graduated from the ISG Business School and the CFAF (Financial Analysis Training Centre).

Deputy Global Head of Equity Brokerage – Mathieu Labille

Mathieu Labille has been nominated Deputy Global Head of Equity Brokerage of Kepler Cheuvreux. Mathieu joined the group in July 2015 as Deputy Head of Research in charge of operational, organisational and development matters related to research. Prior to that, Mathieu worked as Head of Strategic Research Development at Société Générale from 2007 and before that he held buy-side and sell-side analyst positions at UBS and ING. Also based in Paris, Mathieu graduated from EM Lyon.

Managing Director – Global Head of Execution Services and Trading – Chris McConville

On the Execution side, Kepler Cheuvreux is pleased to announce the arrival of Chris McConville as Managing Director – Global Head of Execution Services and Trading. Chris has 22 years of experience with UBS working across Technology, Risk Management, High Touch, Low Touch and PT. Execution is one of the key areas of growth for Equity Brokerage and this appointment shows the Group’s commitment to continue to invest in the Kepler Cheuvreux platform. Chris joined the London office on 4 April. He is a graduate of the University of Newcastle.

About Kepler Cheuvreux

Kepler Cheuvreux is a leading independent European financial services company that specialises in Research, Execution, Fixed Income & Credit, Structured Solutions, Corporate Finance and Asset Management.

The group employs around 600 people and is present in 13 major financial centres in Europe and the US: Amsterdam, Brussels, Frankfurt, Geneva, London, Madrid, Milan, New York, Oslo, Paris, Stockholm, Vienna, and Zurich.

Group key figures:

* 1^st independent European equity broker.
* EUR2bn of equities traded on average daily.
* 1^st Sell-Side Equities Trading Desk (Markets Choice Awards 2021).
* 1^st Equity Research coverage in Continental Europe.
* 1^st Country Research (Institutional Investor 2021).
* 13 major financial centres in Europe and the US.
* 600 employees.
* 1,200 institutional clients

Ellipsis AM is listed in the Décideurs Magazine’s 2022 guide as one of the best affiliated asset management companies in France with a “strong reputation”.

We would like to thank all our investors for their trust.

See the ranking here.

For the 3rd consecutive year, Kepler Cheuvreux Solutions has been ranked “Outstanding” (best distinction) as independent structured product designer by Décideurs Magazine.

We would like to thank all our clients and partners for their trust. The whole team is at their side to accompany them throughout 2022.

See the ranking here.

Kepler Cheuvreux Invest announces its adhesion to the iCI (Initiative Climat International)

Paris, 25 February 2022,

Kepler Cheuvreux Invest (KCInvest) takes part in the Initiative Climat International (“iCI”) in order to be part of the Private Equity’s concerted action against climate change.

The Initative Climat International was originally launched as the iC20 by a group of French private equity firms who decided, in November 2015, to join forces and contribute, within their means, to the COP21 objective of limiting global warming below 2 degrees Celsius.

Within the UNPRI framework, of which Kepler Cheuvreux Invest is a participant, the iCI manifesto involves 3 commitments which are fully in line with KCInvest’s ESG values and policy:

• To acknowledge that climate change will have impacts on the economy, both with risks and opportunities for investments;
• To contribute in achieving the Paris Cop 21’s target of holding global warming below 2°C;
• To reduce portfolio companies’ greenhouse gas emissions and to ensure a more sustainable investment performance.

iCI develops measurement tools and methodologies in order to monitor our investee companies’ environmental impact. These tools will help Kepler Cheuvreux Invest and its portfolio companies’ managers reduce their corporate carbon footprint through pragmatic solutions.

Kepler Cheuvreux Solutions has been ranked the best independent provider of structured products in France for the 7th consecutive year by Gestion de Fortune magazine, and second overall, behind Privalto (BNP Paribas) and ahead of Adequity (Société Générale).

We would like to warmly thank all our clients and partners for their renewed trust in 2021, a year marked by the 10th anniversary of the creation of Kepler Cheuvreux Solutions.

The entire team is at your side to accompany you throughout this year. Much is to come, stay tuned!

Kepler Cheuvreux is proud to announce that the Kepler Cheuvreux Foundation has donated 1.3 million euros to 26 charities across Europe in 2021.

These donations result from the commitment of Kepler Cheuvreux, Kepler Cheuvreux employees, clients and partners. 2021 was a huge year for the Foundation marked by the North-South Challenge and the Charity Trading Day that allowed us to collect nearly 400k euros.

The cumulative total donated by the Foundation, since inception in June 2020, is 2.47 million euros.

Stay tuned for our 2022 fundraising activities which will be announced shortly!

Paris, 31 January 2022

The Kepler Cheuvreux Group and Ellipsis Asset Management (“Ellipsis AM”) teams are pleased to announce the completion of the acquisition of the latter by Kepler Cheuvreux, announced in October 2021. Kepler Cheuvreux has obtained all the necessary approvals to finalise the acquisition of Ellipsis AM from Exane SA, a subsidiary of the BNP Paribas Group.

By becoming the sole shareholder of Ellipsis AM (minority investment by management underway), Kepler Cheuvreux is strengthening its asset management activities and positioning Ellipsis AM as the cornerstone of its development in listed assets.

With 18 years of investment history and EUR2.5bn of assets under management at the end of 2021, Ellipsis AM is a recognised asset management company in the European and global convertible bond segments as well as in credit markets. The company also offers customised management services, in particular options overlay mandates to hedge equity portfolios.

Ellipsis AM will now rely on the strengths of Kepler Cheuvreux, such as its multi-local network with 13 offices in Europe and the United States. Both signatories of the United Nations Principles for Responsible Investment (PRI), the Kepler Cheuvreux Group and Ellipsis AM place the ESG approach at the heart of their synergies and future developments.

About Kepler Cheuvreux

Kepler Cheuvreux is a leading independent European financial services company that specialises in Research, Execution, Fixed Income & Credit, Structured Solutions, Corporate Finance and Asset Management.

The group employs around 600 people and is present in 13 major financial centres in Europe and the US: Amsterdam, Brussels, Frankfurt, Geneva, London, Madrid, Milan, New York, Oslo, Paris, Stockholm, Vienna, and Zurich.

Key figures of the group (as of 31 December 2021):
* No. 1 independent European equity broker
* €2 billion in equities traded daily on average
* Leader in equity research in Continental Europe, with more than 110 analysts covering 1,200 companies
* More than 3,000 companies covered worldwide via partnerships with Piper Sandler for the US and Macquarie for Asia-Pacific
* Leader in Europe in ESG research and first in its sector to become a signatory of the Principles for Responsible Investment (PRI)
* KC Invest: two separate strategies – “Tech Growth & Late-Stage” Private Equity and “Preferred Capital” (Subordinated Debt, Quasi Capital and Capital) for small, medium and intermediate-sized enterprises
* 13 major financial centres in Europe and the US
* 600 employees
* 1,200 institutional clients
* €286 million in sales in 2021
* €48 million in EBITDA in 2021

About Ellipsis AM

With more than 18 years of investment history, Ellipsis AM is a recognised asset management company in the European and global convertible bond segments. The company has also developed specialised management expertise in credit, volatility, and listed derivatives markets. Alongside its open-end fund range, Ellipsis AM offers customised management services, in particular options overlay mandates to hedge equity portfolios or convertibles mandates and funds.

Ellipsis AM focuses its expertise on value-added asset classes through its two specialised management divisions. The Convertibles & Credit division houses its historical and confirmed management expertise. Since 2008, the Overlay & Customised Portfolio Solutions division has developed specific know-how for equity portfolio hedging solutions and risk allocation.

Key figures (as of 31 December 2021)
* 2003: launch of the first convertibles fund
* €2.5 billion of AUM (1)
* 7 managers & analysts on the management team
* 25 employees in Paris, Geneva and Milan
* No. 1 Best French Asset Management Company – European Funds Trophy 2021 in the “8 to 15 rated funds” category (2)
* 4 Morningstar stars (3) for the convertible bond and high yield funds
* Signatory of the Principles for Responsible Investment (PRI)
* 100% of the AUM of the discretionary management incorporates an ESG approach (except for the scope of the index tracker funds and options overlay mandates)
* Convertible and credit conviction funds, all classified “Article 8” funds under the SFDR (4) 

(1) AUM: Assets Under Management as of 31 December 2021
Past performance is not a reliable indicator of future performance. References to past rankings and awards do not predict future rankings and awards.
(2) For more information about the methodology: www.european-funds-trophy.eu – www.fundclass.com. Past performance is not a reliable indicator of future performance. The funds’ prospectus, KIID and financial statements are available at: www.ellipsis-am.com. References to past rankings and awards do not predict future rankings and awards.
(3) Source: Morningstar, overall rating as of 31 December 2021. Morningstar categories: Convertible Bond – Europe / EUR High Yield Bond. I EUR units for rated funds. © 2021 Morningstar. All rights reserved. For further information on the Morningstar rating: www.morningstar.com.
(4) Regulation (EU) No. 2019/2088, called the Sustainable Finance Disclosure Regulation (SFDR). For more information about the ESG policy of Ellipsis AM: https://www.ellipsis-am.com/compliance/rapport-esg

Paris, 4 January 2022,

Kepler Cheuvreux Invest announces the first closing of the Move Capital I fund, which specialises in the B2B Technology sector. This first closing is a major step towards reaching the fund’s final objective of gathering EUR300m, and was carried out with the support of leading French and international institutional investors which include the European Investment Fund (EIF) and Bpifrance, and prominent corporate investors, such as Orange, Nokia and SKT, and family offices.

Move Capital I will invest actively in French and European tech companies at the growth stage of their development and which address the data value chain in areas such as cybersecurity, IoT, artificial intelligence and the digital transformation of enterprises. Move Capital I fund received the “TIBI” label from the French government in November 2020 and shares such label with the leading growth equity funds active in the French Technology sector.

Move Capital I brings together a multidisciplinary team of investment and finance professionals, and industrial sectors specialists. The Move Capital team is resolutely anchored in entrepreneurship and driven by a common vision: to support the growth of the French and European Technology champions of tomorrow through a collaborative approach, and always by acting as a responsible investor. The team will draw on its wide ranging pan-European and international experience. It will also rely on its strong technical expertise, which comes from more than 50 years of cumulative experience in the Technology sector. The Move Capital team also benefits from the expertise of the Kepler Cheuvreux Invest platform and the Kepler Cheuvreux Group: its pan-European presence and its leading tech research. Lastly, the team will benefit from the operational experience of the fund Strategic Committee, which brings together major European tech experts.

“This first closing is a key step for our private asset management platform and for Move Capital in particular. We warmly thank all investors who trust us with this fund, as well as all stakeholders. KC Invest, through Move Capital I, is at the service of the future leaders of European Tech ” emphasised Emmanuel Raffner, Chairman of KC Invest.

“This first closing is a major milestone, it allows Move Capital to finance and support future European technological champions with a rigorous, human approach and a reinforced ESG policy. Our investment strategy will allow us to contribute to the French and European effort for the emergence of a sovereign technology ” underlined Sophie Sursock and Hervé Malausséna, the co-founders of Move Capital.

The Move Capital team would like to thank Orange, Nokia, SKT, the European Investment Fund (EIF), Bpifrance, and all of the other investors in the fund, who share their vision: to promote the French and European Technology ecosystem.

About Move Capital

Move Capital is a strategy of KC Invest specialising in Growth Equity, in the field of technologies and digital services and solutions for enterprises with a strong scale-up potential (www.move-capital.com). On top of its extensive experience track-record, the Move Capital team benefits from a rich experience in entrepreneurship and in operational management of technology companies. Move Capital also relies on its Strategic Committee, made of high-profile Technology experts who use their operating experiences and know-hows to identify high-potential targets, to virtuously support the growth of companies, and to apply a consistent and rigorous ESG approach.

About KC Invest

Kepler Cheuvreux Invest, a management company approved by the AMF, is the management platform for unlisted assets of the Kepler Cheuvreux group. The company is a Responsible Investor, and develops a range of funds intended for professionals for the financing of the real economy, by providing tailor-made solutions to meet the needs of European companies and their shareholders (www.kci-invest.com).

This US Thanksgiving, Thursday 25th November 2021, Kepler Cheuvreux held its 2nd Kepler Cheuvreux Charity Trading Day. Thanks to the mobilisation of our Equity Brokerage employees and clients, we have raised €371,00 of donations.

Money raised from the Charity Trading Day will be donated to our anchor projects across Europe which focus on the nurturing, protection & education of young people: Hôpital Necker-Enfants, The children’s oncology and radiology department of Universitäts Klinikum Frankfurt (University Hospital Frankfurt), The Buzzi Foundation, Fundación Soñar Despierto (España), Fundación El Sueño de Vicky, The Charlie Waller Trust, MQ Mental Health Research, Het Vergeten Kind, Fondation Pelicano, MOT Norge et Friends.