Management Team

Ludovic LABAL

Ludovic Labal has sixteen years' experience in equity investment management. He spent six years as an equity portfolio manager at Lazard Frères Gestion from 2001 until 2006, becoming head of the Mid Cap team.
Ludovic then joined the equity proprietary trading department at Exane where he spent four years managing Long/short market neutral European equity portfolio. In 2010, Ludovic co-founded PHILEAS ASSET MANAGEMENT with Cyril BERTRAND. Ludovic is 42, a graduate of HEC, a holder of the DECF diploma of financial and accounting studies and also a CFA charterholder.


Cyril BERTRAND has spent nineteen years working in equity markets. He began his career in equity sales at Société Générale, before moving to Exane where he became co-head of the French and Continental European desks. As such he gained twelve years' experience advising institutional investors on European equity investments from 1998 to 2009. In 2009, he joined Ludovic LABAL in the Exane equity proprietary trading department as a Long/short market neutral fund manager.
In 2010, Cyril co-founded PHILEAS ASSET MANAGEMENT with Ludovic. Cyril is 43, a graduate of EM Lyon and holds a DESS post-graduate specialist diploma in finance from IEP Paris.