Alexandre Pini

Alexandre Pini is one of the founding partners of Iteram, an alternative asset-management group created in the mid-2010s around Alexandre Col, the former head of alternative multi-management at Banque Privée Edmond de Rothschild. Pini was one of Col's senior lieutenants in Edmond de Rothschild's alternative-investments division — a business that was an early pioneer of alternative multi-management (fund of hedge funds) — before the team spun out to build their own boutique. He co-founded the group alongside fellow ex-EDR managers Marc Sbeghen and Jaume Sabater, with the founders sharing the firm's capital.

During his tenure in the Edmond de Rothschild alternative franchise, Pini was a portfolio manager and macro/CTA specialist responsible for the group's flagship fund-of-hedge-funds products, including Prifund Alpha Uncorrelated — a low-volatility strategy targeting uncorrelated returns of roughly two to three times the risk-free rate — and Prifund Alpha Diversified, a multi-strategy portfolio with dynamically managed strategy weightings. In commentary tied to those funds he described rotating the Diversified book toward global macro (raising the macro allocation to around 30%) and away from long/short equity, favoring macro and CTA managers for their liquidity and ability to exploit rate-driven trades.

Iteram was built as a two-office group: Iteram Capital SA in Geneva (established 2015, regulated by Swiss regulator FINMA and a signatory of the UN PRI) handles research and Swiss client service, while the Luxembourg entity — Iteram Investments S.A. — handles fund administration, structuring and regulatory/AIFM compliance. In 2017 the group expanded its Luxembourg footprint by acquiring Hottinger & Cie (Luxembourg), with Frédéric Hottinger joining the board and the combined vehicle operating as Iteram Hottinger & Cie. Pini's email on the iteraminvestments.com domain reflects his association with this Luxembourg arm; corporate registry data (Northdata) indicates his formal directorship in at least one Iteram entity is no longer active, so his current day-to-day role should be confirmed directly with the firm.

• Invests as an institutional alternative-asset selector and portfolio manager, not a startup angel — the "yes" is driven by manager quality, risk-adjusted return, and diversification, not by early-stage founder bets.
• Core strategies: alternative multi-management / fund of hedge funds, global macro and CTA/managed-futures, liquid and illiquid alternatives, private-market investments, and asset-based alternative lending.
• Return objective in his flagship style: uncorrelated, low-volatility performance — Prifund Alpha Uncorrelated targeted "two to three times the risk-free rate" with dynamically managed exposures.
• Willing to rotate strategy weights actively — e.g., increasing global-macro exposure to ~30% and cutting long/short equity — favoring managers who can profit in liquid markets from macro dislocations such as falling rates.
• Iteram's stated pillars — independence, innovation and integrity, with a research-driven process and full transparency to clients — frame how the team allocates.