Matteo Perruccio will join Olympia Capital Management on June 1st, 2006, as Co-CEO of Olympia Capital Management as well as CEO of Olympia Capital Management Inc. USA.
Perruccio was formerly CEO of Pioneer International and responsible for growing the international business at Pioneer Investments.
Perruccio will relocate to Paris and together, with Marc Landeau who founded Olympia in 1989, will take the helm of Olympia.
I am very excited that someone of Matteos stature and such a strong international track record has agreed to join us. His arrival, following the hiring as Co-CIO of Kostas Iordanidis from Julius Baer, completes theexecutive team and positions Olympia for the next stage of growth. I am confident that Matteo will enable the company to continue growing by expanding our franchise more internationally, Landeau said.
Perruccio added: This decision was a very difficult one for me. The UniCredito group and Pioneer Investments in particular is a fantastic company. However, I decided that the time had come for a more entrepreneurial challenge. I chose Olympia, who has just received the 2005 HFR Award for the Best European Institutional Fund of Hedge Funds Provider because of my strong belief in its growth prospects given its award winning performance, it’s well known due diligence discipline, its robust infrastructure and the quality and the diversity of its management team.