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French firm build-out gathers pace with new equity chief

French firm build-out gathers pace with new equity chief

Stéphane Fraenkel has joined the recruit rush taking place at La Banque Postale Asset Management with the investor joining to oversee its fundamental equity efforts.

The addition of Fraenkel coincides with the addition of credit specialist Alexandre Caminade and convertibles fund manager Brice Perin, who both joined the Paris-based firm in recent months.

Fraenkel joins from Roche-Brune Asset Management, where he had most recently served as head of global equities. Prior to that, Fraenkel had worked as a portfolio manager and also CEO of Flinvest.

In his new capacity, the fund manager will work on the fundamental equity desk and aid in the development of its equity capacities.

Fraenkel was most recently a named manager on two Flinvest funds, the Entrepeneurs and Flinvest Diversifie funds. It was not revealed whether he will assume any portfolio manager roles upon joining LBPAM.

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