Stéphane Parlebas joined Chenavari in 2010 as a lead Portfolio Manager for the European Financials strategy. Prior to joining Chenavari, Stéphane spent six years with SGAM AI and Lyxor Asset Management where he was Co-Head of Credit Management, responsible for setting up the credit team with the mandate to develop credit funds and corporate CDOs. When SGAM AI merged with Lyxor Asset Management in September 2009, Stéphane played a key role in the transfer of the CSO management mandates to Chenavari, representing €1.2bn. Prior to this, Stéphane worked at Commerzbank AG in Paris first as a buyside Credit Analyst then subsequently as a fixed income Portfolio Manager. He also became Deputy Head of the branch’s structured credit portfolio. Stéphane has an Executive Masters in Corporate Finance and Capital Markets from IEP Paris.