Ambienta SGR, one of Europe’s largest asset managers entirely focused on environmental sustainability, has added two new hires to its London-based Public Markets division, Ambienta X, which launched Alpha X the world’s largest long/short equity fund focused solely on environmental themes, in May 2020.
Alpha X, which invests in sustainability champions and shorts franchises disrupted by sustainability trends, is about to launch several new strategies with the same thematic focus, building on the continuous expansion of the research and investment teams. The further strengthening of the London team, with the arrival of Sofia Savvantidou and Oliver Wegener, is the result of such forward-looking approach.
Prior to joining Ambienta, Savvantidou was Head of the Exane BNP Paribas Utilities & Renewables Equity Research Franchise. She led the team to five consecutive No1 rankings in the Extel and subsequent Extel Institutional Investor surveys. Previously she was head of utilities equity research at Citi where she worked for seven years. Savvantidou started her career in JPMorgan as equity research analyst for the utilities sector.
Wegener was the head trader at Sator Square Capital, where he worked alongside COO, Robert Moore. He has previously worked for nine years at Goldman Sachs, as head portfolio manager of option strategies in private wealth management for EMEA and Asia. Prior to that, he traded options for the award-winning hedge fund Trafalgar Asset Managers. Wegener began his career in risk analysis before moving into trading.
Nino Tronchetti Provera, Managing Partner and Founder of Ambienta, says: “Since its foundation in 2007, Ambienta has been continuing to grow and invest in its people. It is a matter of pride for us to witness first-hand how talents recognise and choose Ambienta as the place to be, while aiming to continue to attract and retain exceptional people. In my opinion, it is not only the authenticity of the sustainability focus and the excellent financial performance, but is closely linked to the culture and the ambition to contribute to the building of a global leader.”
Fabio Pecce, Co-Founder and Chief Investment Officer of Ambienta X, adds: “I am very excited to welcome Sofia and Oliver to the family. Their experiences, qualities and values will surely enrich the thriving working environment created by the whole team to date. It is a testament to our commitment to attracting top talents, great people with a sense of purpose and a real passion for constant improvement, paramount in pursuing the journey ahead.”