A partnership with decades of institutional experience dedicated to wealth management solutions.

Alban de Clermont-Tonnerre

30 years of experience in bond trading, debt capital markets and asset management

Alban joined Clerville in 2007 from Goldman Sachs where he was regional head of Debt Capital Markets. Prior to this he was founder and CEO of online bond trading platform Web-Bonds, a bond trader at CCF and Merrill Lynch and a derivatives marketer at Merrill Lynch and Goldman Sachs. He has extensive experience of financial markets and products, is the author of two books on zero-coupon bonds and was a consultant to the French treasury on various fixed income related topics. Alban graduated in Finance from Paris Dauphine University in 1986.


Arnaud de Marmiés

24 years of experience in debt products, structuring, origination and investment banking and 3 years in tech start-ups advisory

Arnaud joined Clerville in 2017 from AngelsCube which he chaired. AngelsCube is a London based innovative tech start-up platform connecting investors and corporates with disruptive technologies. From 2010-2014, he was CEO of Citigroup in France and head of Citi Global Markets for France, Belgium and Luxembourg. Prior to Citi, which he joined in 2006, he held senior positions at Merrill Lynch within the Global Debt Markets in charge of France, Benelux and Switzerland. He started his banking career in 1990 at Société Générale within the debt structuring team In London, that he left in 1996 to join ML.  Arnaud graduated from the Institut Européen des Affaires (IEA) in Paris in 1990.


Bertrand Coste

30 years of experience in equity research, investment banking and wealth management

Bertrand is the founder of Clerville’s preceding entity, QES Investment Ltd. Prior to this, he worked with Arthur Andersen in Paris as an auditor, Groupe Paribas France and UBS Phillips & Drew as a research analyst and investment banker. He is a member of Société Française des Analystes Financiers and a Director of the Schlumberger Museum. Bertrand graduated in Finance and Economics from Sciences Po Paris in 1982 and in Corporate and Tax Law from Université de Paris II in 1984.


Jean-Marc Spitalier

30 years of experience in financial markets, equity & fund derivatives and ALM advisory

Jean-Marc joined Clerville in 2017 from Unicredit where he was Global Head of Fund Solutions in the Equity Division. He was also Chairman of the Board of Structured-Invest, Unicredit’s asset-manager dedicated to its investment banking division.  From 2000-2008, he was the Founder and  Global Head of Fund Derivatives at Lehman Brothers in the Fixed Income Division. Previously, from 1996-200, he was a head of structuring at BNP Paribas for Equities. He started his career as a strategic and ALM consultant at AT Kearney in 1987. Jean-Marc holds an MBA In Finance from E.S.S.E.C. Business School and is a Certified Actuary from the I.A.F. (Institute of French Actuaries).


Manuel Carrelet

15 years experience of debt capital markets and 15 years of HNW wealth management 

Manuel joined Clerville in 2017 from Generation Asset Management that he founded in 2010 to provide specialist wealth management services on a discretionary and advisory basis. Manuel has been in charge of the Asset Management & Private Client Business at Generation Asset Management. He was chair of the investment committee. Manuel previously built the Private Wealth business from within Atlas Capital since 2002, which was eventually acquired by MBO in 2010 to form Generation Asset Management. He has been successfully managing high net worth portfolios since 2002. Prior to that, for 15 years, he was responsible for debt capital markets business as head of debt syndication at ING Barings and BNP Paribas in London (Managing Director). Manuel holds a BBA degree with a specialisation in Finance from the George Washington University.


Michel de Liedekerke

27 years of experience in corporate banking, private banking and wealth management


Michel joined Clerville in 2007 from Morgan Stanley where he was responsible for the French and Belgium markets. Prior to this he held various positions in the corporate and private banking divisions of Citibank, then joined Morgan Stanley’s private bank as a portfolio manager before moving to business development. He is a board member of Rayvax, one of the controlling entities of Anheuser-Busch InBev. Michel obtained a Law degree from Université Libre de Bruxelles in 1988.


Pascal Dubois-Pèlerin

27 years of experience in risk management, derivatives trading and structuring


Pascal joined Clerville in 2009 from Jason Capital, a London-based fund of hedge funds manager prior to which he was a risk manager at Harmony Capital and was managing his own investments in hedge funds. Before this he worked in derivatives and capital markets, first at Bankers Trust and then at Barclays Capital, where he was a Managing Director of Equity and Funds Derivatives. Pascal graduated in Business Administration from the Solvay Business School at the Université Libre de Bruxelles in 1988.


©2018 by Clerville Investment Management LLP. 

This content of this website is issued by Clerville Investment Management LLP ("Clerville IM"), 14-15 Conduit Street, London, W1S 2XJ.  Clerville IM LLP is authorised and regulated by the UK Financial Conduct Authority (FRN: 475069).  Clerville SAS is currently an administrative office only and is based at 12 Rue Marbeuf, 75008 Paris.  Investment in Clerville IM's in-house funds is subject to eligibility criteria, which is available upon request, and may place investors' capital at risk.  Prospective fund investors should note that Clerville's in-house funds are higher risk and include investment (directly/indirectly) in structured credit securities which may be less readily realisable, more difficult to price and may involve special risks and additional complexity.  The information on this website is subject to change without notice and is not intended for persons in any country where such publication or use would be contrary to local law or regulation or in which Clerville IM does not hold any necessary licence or registration. You are encouraged to read Clerville IM's Privacy Policy which can be found here: