Pierre Filippi, one of the pioneers of multi-management in France, has joined forces with Paris-based Banque Privée Quilvest, part of a group active in private equity investment and wealth management, to launch a multi-manager service for institutional investors.

Filippi will head the new service, Fideas Capital. Its team of three senior analysts includes Anne Delon, responsible for multi-management at Banque Privée Quilvest since 1998 and previously with J&W Seligman in New York and French private bank Banque du Louvre.