Chief Executive Officer / Founder

Mathias Piardon

Mathias runs all operational aspects of selecting, onboarding and risk controlling managers. Having started in 1997 in risk management for equity derivatives at Societe Generale, he then moved to equity derivatives trading for Calyon in Zurich, London, Paris and Hong Kong from 1999 to 2007 in various roles: market making single stock options, dispersion trading, exotic derivatives, prop trading, large corporate derivative offers… He was then hired to build and run the equity derivatives trading desk for Asia ex-Japan for Dresdner Bank from 2007 to 2009. He then co-founded and ran as co-CIO a systematic quantitative hedge fund “Noho Capital” from 2009 to 2015, focusing on short term signals on Asian equity markets. From 2016 to 2021, Mathias worked at Ayaltis AG as deputy CIO, member of the investment committee, sourcing managers across all strategies and all asset classes.

Mathias graduated in Master in Money, Banking and Finance from the university of Birmingham, UK (1997), and from the DEA Economie et Finance Internationales for the universite d’Orleans in France (1997). He speaks fluently French, German and English.


Investments and Risks Manager

Fosco Antognini

Fosco sources managers and runs initial due diligence. He also participates in the assessment of market risk and opportunities, developing risk metrics and statistical models. Fosco started his career at Bank Vontobel in Trading and Structuring, where he priced customized cross asset structured products on the primary market, hedged through OTC exotic options and swaps, marking equity volatility surfaces among other tasks. He later moved on to the fixed income derivatives trading desk, where he was co responsible to manage the credit and interest risks of a multi billion fixed income portfolio. Furthermore, as part of an
internship at Ayaltis , Fosco developed a quantitative empirical framework for hedge fund analysis based on an econometric risk factor model. Fosco also had exposure to ultra high net worth individuals’ portfolios as an intern at UBS Wealth Management.

Fosco holds a MSc in Financial Engineering from the École Polytechnique Fédérale de Lausanne (EPFL) and he is a CFA charterholder


Research Analyst

Marc Tschudi

Marc researches alternative fund managers, whose strategy and pedigree would be of great addition to the fund.

Marc is currently completing his Master’s degree in Banking and Finance (Quantitaitve Finance) at the University of Zurich.


Deputy Chief Executive Officer

Andreas Economides

Andreas Economides ensures business continuity in case of the CEO being incapacitated, runs the financial operations of the company and provides operational support to the management. Andreas is an executive leader with a strong background in the financial services industry. He brings more than 40 years of experience in driving performance, profitability, and financial stability for major international financial institutions. Andreas has held various leadership roles, including Executive Director at Taneda Trade AG, Founder & CEO of Halcyon Consulting AG, and Managing Director at Itau Unibanco Group. His experience includes strategic direction setting, corporate governance, risk management, wealth management, finance, accounting, and client relationship management. He is fluent in French, English, and Portuguese and has working knowledge of Greek. Andreas holds a degree in Business Administration & Consular Science from Ecole des Hautes Etudes Commerciales (HEC) in Liege, Belgium.


Chief Operations Officer

Paul Reynolds

Paul provides outsourced management of operations. Paul started his career at Goldman Sachs. His primary responsibility was managing middle office teams in Europe and Asia. He moved to the buy-side in 2012 when he joined a spin out platform (Decura Asset Management, founded by ex-Goldman Sachs Partner, Vishal Gupta) as a founding team member, setting up this $1bn fund platform from first principles. Paul has been COO for multiple operating companies with combined assets in excess of $5bn in private equity, wealth management and investment funds. Paul founded Covalent Ltd in 2019 and provides outsourced COO solutions for asset management firms.


Capital Development

Leila Fehr

Leila is in charge of developing relationships with prospective investors, providing all information investors require and ensuring investors have the best experience with us.

Leila graduated….


Markets Specialist

Pedro Cameron

Pedro provides advice about risks in the current market environment and in the various stages of the economic cycles.

Having started as a trader for Societe Generale and MF Global, Pedro was then a partner and portfolio manager at Tell AG (previously Swiss-Hedge Capital AG). From 2010 to 2018, he co-managed the portfolio being involved in all aspects from idea generation to implementation and risk management. He then co-founded Lindenhof Partners, a long short discretionary equities and futures fund. In 2021, he joined QCore AG as portfolio manager across all asset class.

Pedro is an employee of Qcore AG providing support functions to 1L Capital AG.


Legal Counsel

Justus Westerburg

Justus provides oversight on all legal matters and compliance.

Having done a PhD on corporate law, Justus passes in 2004 his 2nd state legal bar exam in Hamburg. From 2004 to 2007, he was a lawyer at CMS Hasche Sigle and from 2008 to 2018, he joined NBS Partners & Crowe Kleeberg as lawyer and certified tax advisor. In 2019, as CEO of Logistrial Real Estate AG, he worked on the acquisition of a 800 mEUR GAV logistics real estate portfolio. He is a principal and co-founder of QCore Group.

Justus is an employee of Qcore AG providing support functions to 1L Capital AG.


Technology Officer

Norman Hartmann

Norman supervises technological deployment and related service providers.

Norman started in 2005 as a volatility trader at Aquila Capital Concepts GmbH before becoming the head of trading. From 2010 to 2015 he joined AQX Securities AG setting trading desks in Zurich. In 2012, he co-founded AQX Securities GmbH, building a team of 35 professionals across assets.  In 2015, he became COO of Linear Investments Ltd before re-joining Aquila / QCore as CTO and board director in 2018.

Norman is an employee of Qcore AG providing support functions to 1L Capital AG.


Operations & Administration

Nicole Hutter

Nicole manages office operations and serves as a key point of contact for all stakeholders. With many years real estate and financial experience in top-tier institutions, she joined AQ Investment in 2022.
Nicole now provides essential support to 1L Capital AG through QCore AG.