Chenavari Investment Managers

Chenavari Investment Managers

Chenavari Investment Managers was established in 2007 by Loic Fery and Christian Kampton, both of whom previously worked at the hedge fund Lakshmi Mittal Group. The firm initially focused on European credit opportunities created by the global financial crisis and the subsequent regulatory push for banks to shed risk-weighted assets (public record). The firm invests across a broad spectrum of credit and real assets, including structured finance, private debt, real estate debt, infrastructure debt, and energy transition finance. Chenavari targets both performing and non-performing credit, often through securitizations and co-investment structures. Known deals include participation in the financing of UK social housing and European consumer credit portfolios (per market reports, 2021–2023). The firm operates primarily in Western Europe, with additional exposure to Southern European markets such as Italy and Spain. Total AUM is not publicly disclosed but has been estimated by market sources at over €3B. The firm maintains offices in London and Luxembourg. A significant event was the launch of a dedicated energy transition debt strategy in 2022, targeting renewable energy and infrastructure projects across Europe (per the firm, 2022). Chenavari does not operate a separate philanthropic entity publicly. A structural differentiator is Chenavari's focus on balance sheet-intensive, asset-backed strategies rather than corporate lending alone. The firm originated as a pure hedge fund-style credit manager but has shifted toward longer-duration, direct lending and securitization platforms, positioning itself as a specialist in complex, collateralized European credit that many larger asset managers avoid.