A company of about 100 employees managing 2

It is a tragic and brutal disappearance from hitting the world of French alternative management. Jean-Pierre Aguilar, the founder of the "hedge fund" French Capital Fund Management (CFM), died, as his co-pilot, died in a glider accident. He intervened near Barcelonnette airfield (Alpes) where stood a flight competition sailing bringing mountain European flying pilots. Buff this discipline, this figure of the financial community left prematurely, at forty-nine years, the company he had founded. All eyes turn to Jean-Philippe Bouchaud, his partner and current Chairman of CFM. At these two, they built the "hedge fund" quantitative independent French.

Scientists made, they were able to build one of the most beautiful achievements of French management. A company of about 100 employees managing $ 2.7 billion of outstanding on strategies of statistical and quantitative arbitrations-based models. No trader or analyst cfm, but number of senior scientists, especially physicists, with about 35 doctoral graduates in all disciplines and a plethora of it professionals. Team work and this College and structured approach in markets where each contributes are trademarks of most of the "hedge funds" quantitative. This is the reason why society assured, in a press release, clients that this tragic disappearance did not question its ability to deliver performance.

A profitable and solid company

CFM will provide in the next few days of the details on the consequences of the death on its organization, including the terms of the resumption of the participation-related capital for Jean-Pierre Aguilar. Assumptions: the arrival of an external shareholder or the rise in the capital of the other leaders and collaborators of CFM.

Profitable and solid company displayed good performance, with for example a gain of 8.8 per cent of its funds multistratégie Stratus, $ 1.7 billion of assets, on the first five months of the year. CFM had indeed well crossed the tornado of the century hit the financial markets in 2008. It was passed by other difficult phases such as the fraud which she suffered in 2007 by the Sentinel American Manager (see chronology). The latter indeed defrauded of actors and institutions, which had entrusted the management of their cash. The pot roses"had been discovered after the start of the crisis of the"subprime"in summer 2007. CFM was able to recover from a part of his money and tirelessly continues his fight. Tenacity was also among the qualities of Jean-Pierre Aguilar, a contractor who understood very soon that, without a significant research, no performance can be achieved in the long term. He began his career in 1986 in a society of scholarship, LeGrand et Cie. He the leaves two years more later for Ubitrade, a publisher of software packages dedicated to markets, and resold to GL Trade in 2004. At the same time, he was interested in the futures markets by trading models, which will be based in the first strategy implementation by CFM. Married, father of two children, Jean-Pierre Aguilar had a dual course, applied computer science-mathematics and finance. He will remain as one of the great names of French quantitative management.