Stanhope Capital, a global investment office located in London, Geneva and Jersey, has appointed Bernard Kalfon as a partner to further develop the firm’s private and institutional client base outside of the UK, primarily in France and Israel.

Kalfon moved to Stanhope from his role at UBP as senior managing director. He has 20 years of experience in financial markets, and has previously worked for institutions such as Société Générale Asset Management, Salomon Brothers-Citibank, and Bear Sterns.

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In his new role, Kalfon will share his time between London, Paris and Tél Aviv.

In 2009, he co-founded Nexar Capital Group, an alternative asset manager providing hedge fund-of-funds and proprietary hedge fund products to global institutional and high net worth investors. Union Bancaire Privée UBP SA acquired Nexar Capital Group in 2012, resulting in the Nexar group of companies being wholly owned by and integrated into UBP.

Daniel Pinto, CEO and co-founder of Stanhope Capital, said:

"Bernard Kalfon has a proven track record in delivering successful investment solutions to global institutional and high net worth clients. His wealth of experience will bring a unique perspective to our business as we continue to strengthen our international private and institutional client base."

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Bernard Kalfon, Stanhope Capital