Patrice Pastor

Anthony Torriani founded Monaco Asset Management in 1999 to initially manage a part of Goldman Sachs own funds. Monaco Asset Management is the leading asset management company in the Principality of Monaco. It is the first Monegasque company of its kind under the control of the Principality's Department of Finance and Economy. The firm provides discretionary portfolio management services to clients. Most of the firm's existing exposure to hedge funds is through funds of funds however it actively invests in both vehicles. The firm does not see a big demand from its clients for private equity and real estate funds. The firm did not disclose its assets under management however most clients maintain a 15% allocation to funds of funds and/or hedge funds in their portfolios. The firm has established relationships with some of the more well-known private banks in Switzerland including Julius Baer Lombard Odier Darier Hentsch & Cie and Credit Suisse.