Investment Team

With over 20 investment professionals and our 15-year track record, we invest in the global financial sector across the entire capital structure, in global credit, and in the Italian market (both equity and credit) to capture a broader set of value opportunities.

Davide Serra

Davide Serra

Founder & CEO

Davide is the Founder and Chief Executive Officer of Algebris.

Davide was Managing Director at Morgan Stanley where he headed the European Banks Research Team and was the Global Banks team coordinator. Davide was rated individually among the top European banks analysts for the period 1999-2006. Prior to Morgan Stanley, Davide worked in the top rated UBS Banks research team as a senior analyst (1995-2000).

Davide, a dual Italian and British citizen, is recognised as one of the World’s leading experts on financial services, he is often consulted by the World’s Central Bankers and Regulators on policy matters and he regularly contributes to the discourse on financial reform. Furthermore, Davide has been awarded the Commander designation, a decoration of the Order of Merit of the Italian Republic.

He is Chairman and Trustee of the Hakuna Matata foundation, a registered UK charity which he founded with his wife in April 2010. The primary focus of the foundation’s work is assisting orphaned children in Central Tanzania.

Davide is a graduate cum laude of Bocconi University in Italy and holds a Master CEMS. He speaks Italian and is fluent in English and French. Davide played volleyball professionally in Italy from 1985 and 1990 and reached Series A1. He enjoys Alpinism and Sailing around the World.

Sebastiano Pirro

Sebastiano Pirro

CIO & Financial Credit Portfolio Manager

Sebastiano joined Algebris in 2012 as investment analyst. Throughout the years, he contributed to launch the financial credit strategies and establish Algebris’ position as leading specialist in the asset class with a solid track record.

Sebastiano is currently Chief Investment Officer, Head of Financial Credit strategies, as well as Portfolio Manager for the Algebris Financial Credit Fund and the Algebris IG Financial Credit Fund, which he has managed since inception.

Prior to Algebris, Sebastiano was an Investment Banking analyst at JP Morgan. Sebastiano holds an MSc magna cum laude in Mechanical Engineering from Padua University, Italy, and is a CFA charter holder.

Sebastiano was a professional Alpine Ski athlete, ranking within top 150 athletes globally in Giant Slalom and participating in the European Cup circuit. He lives in London with his wife and three children.

Public Strategies

Alessandro Mancini

Alessandro Mancini

Trader

Alessandro joined Algebris in 2018 as an Analyst and is now a Trader.

Prior to Algebris and since 2013, he worked at QW Capital LLP, a London-based independent asset manager where he helped developing proprietary algorithms and a quant equity market neutral strategy based on mean reversion.

He holds a MSc in Finance and Investment from CASS Business School in London. Originally from Rome, he holds a degree in Business Administration from University of Rome (where he majored in Economics and Finance) and put his finance and accounting skills at the service of local charities.

In his free time he enjoys playing football and travelling.

Bruno Duarte

Bruno Duarte

Financial Credit, Global

Bruno joined Algebris in 2019, focusing on financial credit.

He began his career as a European Banks Equity Research analyst at Schroders Salomon Smith Barney (1998-2004) before moving to Fox-Pitt Kelton, a specialist equity boutique broker focused on the financial sector (2004-2006). In order to complement his equity experience, Bruno decided to join Barclays Capital in 2006; his role involved covering European financials on the bank’s credit trading desk over a period which spanned the global financial crisis.

Bruno moved to the buy side in 2012 with Claren Road Asset Management, a US-based hedge fund owned by the Carlyle Group, where he was a Managing Director focused across the entire capital structure of European financials. Prior to joining Algebris, in 2016 Bruno took on the role of portfolio manager at Copper Street Capital, a start-up dedicated global financials fund which won EuroHedge’s Event Driven category in 2017.

Bruno holds a MSc in International Securities and Investment Banking from the ISMA Centre (1998), a BA Hons (First Class) in Economics and Business from the University of Stirling (1997), as well as being a Chartered Financial Analyst.

Elisa Natali

Italian Equity

Elisa joined Algebris in 2020, first as intern and later as a Junior Analyst, with a focus on Italian Equity.
Elisa holds a Master’s degree cum laude from the Faculty of Banking & Finance of the Catholic University of Milan and a Bachelor’s degree in Business Administration from the University of Bergamo. She attended a Summer School programme at the London School of Economics, where she studied Business Analysis and Valuation.
Elisa loves travelling and is passionate about singing, swimming and Formula 1.

Gabriele Foà

Global Credit

Gabriele Foà joined Algebris in 2019 as a co-portfolio manager for the Algebris Global Credit Opportunity Fund.

Previously, he spent four years at Bank of America Merrill Lynch in London as an Emerging Markets strategist. His team has been #1 ranked in Emerging EMEA economics and strategy for four consecutive years.

Gabriele holds a Ph.D in Economics from Yale University, where he specialized in macroeconomics and finance. While in the US, he held positions within the Global EM Strategy team at BAML and at Roubini Global Economics, both in New York.

He graduated from Bocconi University in 2009. Gabriele lives in Milan with his wife, son and daughter. His all-time passion is football.

Gabriele Parenti

Italian Equity

Gabriele joined Algebris in 2019, first as intern and later as analyst, with a focus on Italian Equity.

Gabriele holds a BSc in Business Administration and a Master in Banking & Finance from Università Cattolica di Milano.

Gabriele played golf at competitive level for many years, attending several National competitions. He is also a very passionate guitar player, holding a Music certification from the Trinity College of London.

Giancarlo Bollero

Financial Credit, Global

Giancarlo joined Algebris in 2014 as an analyst. He is currently supporting the credit investment team from the London office.

Prior to joining Algebris Giancarlo worked in the equity research team for Deutsche Bank in Milan.

Giancarlo holds an MSc in Finance from Bocconi University, Milan. An Italian native, he also speaks fluent English. Outside of work Giancarlo is a keen off-piste skier and enjoys sailing and climbing.

James Friedman

Global Credit, Global

James is a Portfolio Manager for the Global Credit Opportunities Fund at Algebris. He joined Algebris in 2008 and was key to the launch of the company’s Financial Credit strategies. James has significant experience in both the credit and high yield markets and spent the last two years working at a specialist credit asset manager in Boston before returning to Algebris at the beginning of 2022. 

Prior to joining Algebris in 2008, James worked at Wellington Management as a Research Associate and High Yield Analyst. James started his career at Investors Bank and Trust.

James is a CFA charter holder. He holds a master’s degree in Investment Management from Boston University and graduated from Dartmouth College with a bachelor’s degree in International Relations.

He lives in the Boston area with his wife and two sons.

John Lyon

Financial Equity, Americas

John joined Algebris in 2021 to cover financial equities, with a focus on the U.S., Canada, and Latin America.

Prior to joining Algebris, he covered financial equities for Ned Davis Research, an independent sell-side research firm based in Florida. He has also held analyst roles at Vaughan Nelson Investment Management in Chicago, Sirios Capital Management in Boston, Analytic Investors in Los Angeles, and Armbruster Capital Management in his hometown of Rochester, New York.

John earned an MBA from the University of Chicago Booth School of Business and a BA in History from Colgate University. He lives in Boston with his wife, Sam, and two dogs.

Lawrence Evans

Trader

Lawrence joined Algebris in October 2020 as a trader. He previously worked at Man Group, where he spent the first eight years of his career, the last two of which as a trader focused on credit and convertibles. Lawrence holds a BSc 1st class in Biology from Imperial College London and is a CFA charter holder. In his spare time he enjoys the gym, chess and yoga.

Lee He

AI & Big Data

Lee joined Algebris in 2020 as a Data Scientist on the AI and Big Data research team.

He was previously a Machine Learning Lead at Pand.ai doing applied research work within the Natural Language Processing (NLP) domain. Before that, he was an Investment Analyst at EDBI covering the AI space.

Lee attained a MSc in Engineering from Carnegie Mellon University (CMU) and a BSc in Computing from the National University of Singapore (NUS) at the same time under an accelerated Concurrent Degree Programme (CDP). He was a NUS Undergraduate Scholarship recipient and also holds 3 professional IT certifications: Microsoft MCSA (SQL Server 2012), SAP TERP10, and ITIL v3 Foundation.

Outside of work, he enjoys downtempo music, graphic design, and is a Liverpool F.C. fan. He also plays the piano and holds a Diploma in Piano Performance from ABRSM.

Lennart Lengeling

Global Credit

Lennart joined Algebris in 2018 as an analyst in the risk management and investor relations teams. In July 2020 he joined the Global Credit Opportunities investment team, while continuing to cover German/Austrian clients on the IR side.

He completed his BSc in Business Administration and Economics at Goethe University in Frankfurt am Main and his MSc in Finance with a major in Quantitative Finance at Bocconi University in Milan. Prior to joining Algebris, Lennart gained working experience at Eurex, Commerzbank, Allianz Investment Management and Goldman Sachs.

Born in Germany, Lennart spent part of his childhood in the UK and Saudi Arabia and is passionate about travelling and exploring new cultures. Furthermore, he enjoys playing basketball.

Luca Mori

Luca Mori

Italian Equity

Luca joined Algebris in 2017 to develop our expertise in the Italian equity market.

Prior to this, he was CIO of Zenit SGR where he also directly managed funds focused on Italian stocks.

Before 2008, he covered the role of Equity Fund Manager for both Capitalia Asset Management and Fondicri SGR, with lead responsibility for investments in the Italian equity market. He started his career in the Finance department of Banca Popolare di Sondrio.

Luca graduated com Laude in Economics and Business Administration University of Rome La Sapienza, Italy. He lives in Rome with his wife and daughter. He loves skiing, sailing, mountain biking and has a passion for motorbikes.

Mark Conrad

Mark Conrad

Financial Equity, Global

Mark joined Algebris at the initiation of the firm in 2006.

Mark is responsible for managing the various equity portfolios at Algebris, including the Long Only Global Financials fund and the Financial Income Fund. He also covers North America and Latin America for the Financials team.

Prior to joining Algebris, Mark worked at Wellington Management in Boston (2000-2006) where he was responsible for research on global life insurance and international bank equities.

Mark is a CFA charter holder and holds a BA, magna cum laude, in History and Political Science from Williams College. He is a member of the board of trustees and chair of the Finance Committee at Kingswood-Oxford School in Connecticut.

Mark lived for seven years in London with his wife, Kim, and is now a dual US/UK citizen. They moved back to the US in 2013 and launched the Boston office for Algebris shortly thereafter. Mark and Kim have two children, Caroline and Andrew

Raymond Tam

Financial Credit, Global

Raymond joined Algebris in January 2022 to strengthen the coverage of insurers within the financial credit team.

He was previously a senior credit analyst at CreditSights, a London-based independent research company where he covered European and Asia-Pacific insurers for over seven years. Before that he was at Barclays Capital within the Structured Capital Markets group and started his career at PricewaterhouseCoopers, auditing insurers at the Lloyd’s of London.

Raymond graduated from the University of Manchester with a BA Hons (First Class) in Economics and is both a Chartered Financial Analyst and an ICAEW Chartered Accountant.

Richard Watt

Trader

Rich joined Algebris in 2015 as a trader.

He previously worked for JPMorgan in the global credit markets division, most recently in emerging markets credit and prior to that in securitised products. He worked in both London and New York having joined the company on the global markets graduate program.  

Rich is a keen sportsman, he played rugby 7s at a high level, and has played on 6 continents. He continues to play club rugby in London. He also enjoys playing polo in the summer and skiing in the winter.

Simon Peters

Simon Peters

Investment Strategist

Simon joined Algebris in 2015 as PM for public equity strategies with lead responsibility for investments in Europe and EMEA. He now holds the position of Investment Strategist.

Simon has more than 20 years’ experience in the financial sector. Before joining Algebris, Simon was a global financials PM at PIMCO. He also ran a global long/short financials fund at Gartmore/Henderson for 8 years and has previously worked for the sovereign wealth fund GIC, Government of Singapore Investment Corp, where he ran financial portfolios. 

Simon is a CFA charter holder, a qualified accountant (ACA), and holds a BA (Hons) in Economics from the University of Exeter, UK. Simon is married to a French lady and has three teenage boys. Weekends are packed with playing a range of sports from tennis and swimming to fishing. Holidays are invariably in France with a huge extended family and a little bit of on-piste skiing every year.

Simone Mallardi

Global Credit

Simone joined Algebris in 2022 as Senior Co-Portfolio Manager in the Algebris Global Credit team.

Prior to Algebris, Simone worked for Principal Global Investors (“PGI”), where he led the European High Yield team for over eleven years. Simone brings specialist investment and research experience in single names across high yield, leveraged loans, distressed debt, restructuring and special situations.

Prior to joining PGI, Simone held positions at Morgan Stanley and Citi, where he participated in the origination, execution, and syndication of various high-profile European LBOs. Simone began his career in the Leverage Finance team of Mediobanca.

He received BA (Hons) in Corporate Finance from University of Florence.

Simon Ragazzi

Simone Ragazzi

Italian Equity

Simone joined Algebris in 2019 to strengthen our coverage of the Italian equity market.

Prior to this, he spent 5 years in Amundi as senior equity analyst on long-only pan-European Small Caps strategies with particular focus on Italian, German and Nordics markets as well as on long/short product. Previously, Simone spent over 10 years as sell side equity analyst in MainFirst, UBI, UBS and Cheuvreux.

Simone graduated in Business Administration at Bocconi University in Milan. An Italian native, he also speaks English and Polish.

Since high school, Simone has been volunteering in different projects in Benin and Ethiopia. He is a blood donator since 2004.

He lives in Milan with his wife and son. He is a proud soccer referee and he loves playing tennis, swimming, reading and rock&roll music.

Tao Pan

AI & Big Data

Tao heads the AI and Big Data research team. She joined Algebris as a macro analyst and portfolio manager for the Algebris Macro Credit Fund in June 2016.
Tao started her career as a research analyst at RBS’ macro credit research team in 2013.

She holds a BA (Hons) in Land Economy from the University of Cambridge and is completing a Master’s of IT in Business from the Singapore Management University. She is a CFA charter holder.

NPL Strategies

Antonella Di Chio

Antonella Di Chio

NPL, Italy

Antonella joined Algebris in 2014 with a focus on the analysis of non-performing loan investment opportunities in Italy.
Prior to joining Algebris, she worked at an Italian family office (Holding Italiana Quattordicesima), where she was covering alternative investment strategies.

Antonella holds an MSc in Finance cum laude from Bocconi University, Milan.

An Italian native, she also speaks fluent English. Antonella is part of Young Leaders Community of the Council for the United States and Italy. In 2019 she was awarded as Young Investment Woman of the Year in the context of the Women In Investment Awards 2019 Italy organised by Investment Europe.

She has been a professional dancer for 15 years.

Gabriele Giorgi

Gabriele Giorgi

NPL, Italy

Gabriele joined Algebris in 2015 to drive our research into investment opportunities in non-performing loans. He lives in Italy and has significant experience in the domestic NPL sector.

Prior to joining Algebris, Gabriele had been a portfolio manager responsible for due diligence since 2009 for FARE NPL, a leading Italian NPL management firm with over €1.3bn assets under management. Between 2007 and 2009, he worked for Pirelli Real Estate SpA reviewing the performance of four different portfolios with assets totaling €5bn and participating in the due diligence for €1bn of investments in equity and distressed assets.

Gabriele began his career at Archon (part of the Goldman Sachs Group) after graduating in 2005 with a degree in Industrial Engineering from Roma Tor Vergata University.

Gabriele lives in Rome with his wife and two children. He previously was a lifeguard and in his free time, he enjoys to go to the sea.

Gianluca Sciacovelli

Gianluca Sciacovelli

NPL, Italy

Gianluca joined the Algebris NPL team in 2016.

Earlier in his career, he worked in Deutsche Bank in London for almost two years in the credit sales department, covering some of the main Italian institutional investors and focusing on asset-backed products. 

Gianluca holds a Master of Science in Finance cum laude from Bocconi University in Milan. He played basketball for 11 years and has won a youth regional championship. He also enjoys skiing and cooking, particularly Italian food.

Guido Santi

Guido Santi

NPL, Italy

Guido joined Algebris NPL team in 2016 first as Intern and later on as analyst. Prior to joining Algebris, he worked at KPMG Advisory in the Financial Advisory department, covering debt and equity restructuring. 

Guido has obtained an MSc in Finance from Bocconi University. In addition, he holds a BA (Hons) in International Economics, Management and Finance cum laude from Bocconi University in Milan.

Italian native, Guido speaks fluent English and Spanish. He is a CFA charterholder.

Jacopo Tamos

Jacopo Tamos

NPL, Italy

Jacopo joined Algebris in 2017.

Previously, he worked at JP Morgan Investment Bank within the Credit department in London with a focus on corporate clients predominantly from Germany, Switzerland, Italy and Iberia.

Jacopo holds a Master of Science in Management cum Laude from Bocconi University and a Master in Banking and Finance from St. Gallen University.

Jacopo was a professional Alpine-Ski athlete, participating in the Regional Cup. He holds the Ski instructor license. He is a CFA charterholder.

Green Strategy

Valerio Camerano

Managing Director

Valerio Camerano is Managing Director at Algebris Investments, where he leads the new Business Unit dedicated to the energy and environment transition and is overseeing the launch of a private equity fund dedicated to the green transition. Working alongside the investment teams at Algebris Investments, he is currently focusing on the Italian market, with a view to expanding the investment offering and scope in the future.
Valerio has gained major experience in the infrastructure, energy and environmentally-focused industries during his career. From 2014 to 2020, he was CEO of A2A Group, one of the prominent players in the Italian utilities and renewable energy industries. Before that, he held similar roles for over 10 years at Engie, Enel and Camuzzi and worked 10 years in the financial sector for Citibank.
He is also an independent member of the COIMA ESG City Impact Fund Steering Committee, Business Angel for Start Up and Professor at Luiss University in Rome.
Valerio graduated cum laude in Economics, Financial Engineering and Corporate Finance, at LUISS University in Rome. He attended an Executive Program at INSEAD. He is a passionate photographer, loves jazz, enjoys trekking and wines.

Emanuele Tomasi

Investment Manager

Emanuele joined Algebris in 2022 to support the green transition private equity strategy.

Prior to joining Algebris, Emanuele has been a member of the investment teams of Italian and pan-European private equity funds since 2011. In particular, Emanuele worked with Ambienta, a pioneer company in investment strategies focusing on environmental macro trends, Palladio Holding and Argos Wityu.

Emanuele graduated from Bocconi University with a Master of Science in Finance in 2012, and he completed the INSEAD’s International Directors Programme in 2021. Emanuele is a sailing and art enthusiast.

Francesco Becchelli

Investment Director

Francesco joined Algebris in 2021 to support the expansion of the firm into real assets in the energy sector.
Previously, Francesco was Head of M&A, Business Development and Innovation of A2A, a FTSE MIB-listed utility.
Between 2013 and 2015 Francesco was CFO of Leone Film Group, a media company listed on the Italian AIM. Before this, Francesco spent 13 years at Credit Suisse and Lazard covering energy sector. He started his career in Ernst&Young in 1998.
Francesco graduated summa cum laude in Economics and Business Administration University of Verona and in 2013 attended the 134 class of Senior Executive Program at Columbia University. He lives in Milan with his wife and a son, is a keen cyclist and loves skiing.

Marco Turchini

Investment Director

Marco started working with Algebris in 2021 to support the Green Strategy from a technology standpoint.

Marco comes from more than 15 years of experience in innovation gained at first tier consulting firms, two entrepreneurial endeavors and corporate management positions. In last years Marco was Chief Innovation Officer at A2A group, Chief Executive Officer at A2A Smart City and served as senior advisor for a top EU Venture Capital firm with a focus on cleantech technologies.

Marco, a PhD in Supply Chain Management and a MSc in Industrial Engineering and Management, shares a deeply rooted passion for sailing and lives in Milan with his children Anna and Cosimo and his wife Eugenia.

Maria Sole Bozzi

Maria Sole Bozzi

Associate

Maria Sole joined Algebris Investment Team in 2018, where she is also Chief of Staff to Group CEO, Davide Serra. She obtained a First Class degree in Industrial Engineering from Politecnico di Milano, is a CFA charter holder.

Since high school, Maria Sole has been volunteering with children affected by leukemia. In her free time she loves skiing and kite-surfing, she is also very passionate about golf and has attended several championships at national level.

Matteo Tarchi

Investment Director

Matteo joined Algebris in 2021 to support the expansion of the firm into real assets in the energy sector.
Previously, Matteo was CEO of A2A Rinnovabili, renewable generation subsidiary of A2A, a FTSE MIB-listed utility.
Matteo spent 13 years at French CAC40 utility Engie, where he covered various positions among which CEO of GDFSUEZ Rinnovabili and head of strategy and business development of Engie Italia Spa.  Previously he worked as project developer for Mirant Inc., a US based Independent Power Producer.
Matteo has MSc in energy engineering at Politecnico di Milano. He lives in Milan and has a daughter. He loves diving and running.

Riccardo Peria

Green Transition Strategy Associate

Riccardo joined the Algebris Investments team in 2021 to support the expansion of the firm into private equity investments dedicated to the green transition.

Previously, Riccardo was an Analyst in Argos Wityu, a pan-European private equity firm focused on mid-market majority LBOs. Before that, he gained experience in London in the field of M&A and Derivatives, and he graduated with distinction from ESCP Europe Master in Management.

In the Green Transition Fund, Riccardo and the team aim to act as a springboard to help companies grow to their hidden potential and pave the way toward a more sustainable society. This is what fuels Riccardo’s passion.

In his free time, he enjoys discovering natural beauties and trekking with friends.

ESG & Policy Research

Silvia Merler

Head of ESG & Policy Research

Silvia Merler joined Algebris as a research associate in 2019.

She is Head of ESG & Policy Research. Silvia has done extensive research on topics of European political economy, with attention to European macro and financial economics issues, as well as EU institutions and governance.

Before joining Algebris, Silvia served as Affiliate Fellow at Bruegel – Brussels economic policy think tank – and as economic analyst at the European Commission’s DG ECFIN.

She holds a BA and Msc in Economics and Social Sciences from Bocconi University in Milan, and she has completed the courses “Foundations in Responsible Investment” and “Advanced Responsible Investment Analysis” offered by the UN PRI Academy. Silvia has a PhD in European and Eurasian Studies at Johns Hopkins School of Advanced International Studies (SAIS).

Antonio Focella

ESG and Research Analyst

Antonio joined Algebris in 2019 as a research analyst, focusing on European policy and economic research.

Prior to joining Algebris he was a trainee at the Directorate-General for Economic and Financial Affairs at the European Commission.

Antonio holds a BA and MSc in Economics from Bocconi University, Milan. In his free time he enjoys running, travelling and is passionate about history.

Ginevra Bargiacchi

ESG Analyst

Ginevra is from a small city near Rome named Tolfa. She moved to Milan in 2016 to attend Bocconi University where she completed a BA in Economics and Finance (CLEF). She also completed a MSc in Finance at Bocconi, graduating in December 2021. Ginevra joined Algebris as an intern in July 2020 and has remained in the firm since then. She is passionate about music, from classic to electronic one, and just says  that Music gives  her the right pace and rhythm. She spent 6 years studing music and learning to play the tansverse flute which she still enjoys playing in her spare time.

William Holy Hasted

Analyst

William joined Algebris in 2021, focusing on ESG and thematic economic research.

Previously, he worked as an intern in the House of Commons and as a Market Analyst for a sustainability start-up. He is passionate about the environment and development.

William graduated from the University of Cambridge with first-class honours and is completing an MSc in Economics from Bocconi University. In his spare time, he enjoys hiking, sailing and design. He speaks English and Italian fluently.