Paris-based investment advisory firm Cedrus Partners is set to open an office in Madrid next July, InvestmentEurope can reveal. The office will target Spanish family offices, associations and foundations.
The company, which has reported over 30% growth annually since four years, is also opening a third office in France in the city of Lyon in April, in addition to the Paris and Bordeaux’s locations.
Cedrus Partners has over €17bn in assets under advisory coming from more than 50 clients among which institutional investors, single family offices, associations, foundations and companies’ pension schemes.
The firm has seen its number of clients increasing by 20% during the first quarter of 2018, says Matthieu Broquère, partner and responsible for the family office department at Cedrus Partners, to InvestmentEurope.
Fund research team bolstered last August
Cedrus Partners is currently seizing opportunities to develop elsewhere in Europe. Other recent developments of the investment consultant include the creation of a proprietary platform for private equity fund monitoring and performance analysis and of a proprietary software for client portfolio monitoring.
The fund research team, headed by Julien Sureau since September 2016, has been strengthened with the appointments of William Guilloux as deputy head of Fund Research and of Emmanuel Guéneau as senior fund research analyst in August 2017.
Guilloux joined from Unigestion where he was a colleague of Sureau and worked as portfolio manager analyst within the hedge fund team then in the cross asset solutions team. As for Guéneau, he served at French alternative asset manager Eraam where he spent almost seven years as hedge fund analyst and selector, prior to joining Cedrus Partners.