Philippe Bonnefoy

Philippe has been involved in the financial markets for over thirty years and managing money globally for twenty-eight years across multiple asset classes and trading strategies. He has built a number of successful businesses including the Cedar Fund and Cedar Diversified Macro Fund which were sold to Erste Bank in mid-2007; and Cedar Partners, the external investment advisor to Commerzbank for alternative investments; an investment business that grew over 600% during this period. Prior to founding Cedar, Philippe ran a proprietary trading and advisory firm specialising in global macro trading. This business had evolved from the international activities of a risk arbitrage firm established by former Kidder, Peabody & Co. colleagues. Philippe began his financial career at Kidder, Peabody in New York as an international corporate finance analyst. He then became responsible for international equity investment for Kidder, Peabody's London-based investment management business where he managed investments for institutional clients including the BHP Pension Fund. Philippe has a Bachelor of Arts in International Studies and Economics from the School of International Service, The American University, in Washington DC. While attending university Philippe was employed as an International Trade Specialist, at the US Department of Commerce where he conducted research and prepared policy reports liaising with the US Congress and US Special Trade Representative, Executive Office of the President.