Having taken the helm of Eurizon Alternative Investments just before the global financial storm broke, Massimo Mazzini has welcomed the chance of reshaping the business to take advantage of market conditions
By Claire Makin
Massimo Mazzini took charge of Eurizon Alternative Investments SGR in 2007, just before world markets descended into chaos. At the same time, he embarked on a major reorganisation of Eurizon AI following a merger between two major Italian banking groups, Banca Intesa and San Paolo IMI, Eurizon's parent.
Undaunted by the challenge, Mazzini grasped the opportunity to reshape the fund of hedge funds platform on what he sees as a new model for the business. This model, based on transparency and liquidity, addresses much of the current criticism swirling around the beleaguered funds of funds industry in the wake of the alleged Madoff fraud.
Eurizon AI was not exposed to Madoff, largely because...