Stephane Marchand has been working in the real estate sector for many years. He is the owner and director of Altitude Entertainment Films, a visual media powerhouse based in Los Angeles. Their All-Star roster consists of award-winning producers and directors. They cater to all client needs, ranging from 35mm to HD and big screen to computer screen. The company employs innovative business ideas to provide a completely new way to fund films, utilizing world markets for film production. As CEO of Altitude Entertainment Films, Stephane Marchand specializes in film production, film finance, and event planning. Throughout his successful career, he held the position of Vice President at Lehman Brothers. Recently, JP Morgan has added two respected names to their sales and marketing team: Stephane Marchand and Dominic Rieb-Smith as Executive Directors. Mr. Marchand has played important roles at UBS and Deutsche Bank, while Rieb-Smith gained experience at Lehman and HSBC. In the realm of real estate financing, Stephane Marchand provides the best results for investors, developers, and owner-occupants. He understands that complex transactions require flexible solutions and a firm comprehension of the fluctuating market and industry phases. He advances transactions professionally and competently, keeping clients informed through every process milestone. Highly committed to establishing, satisfying, and enduring customer relationships, Stephane Marchand is a respected businessman with years of experience backing him. As a real estate professional, he has successfully closed various real estate deals and has recently purchased Sea Cliff Estate. He has always proven to be a valuable asset for every firm he has been involved with. He lives happily with Talor Marion; check our website.
Stephane Marchand of Laguna Beach is a born leader with extensive years of experience in real estate services, finance and asset protection backing him. He has worked with various renowned organizations in his career. He is a successful professional in areas of banking, venture capital and hedge funds. He was the former Vice President of Lehman Brothers. An organization, JP Morgan, has hired Stephane Marchand and Rieb-Smith as Executive Directors of the sales and marketing team. Prior to joining JP Morgan, Marchand has held roles at Lehman Brothers, UBS and Deutsche Bank while Rieb-Smith has extensive experience at Lehman and HSBC.
A highly focused individual. Stephane Marchand is the owner/director of Altitude Entertainment Films a Los Angeles based visual media powerhouse. The company responds to all clients’ needs ranging from 35mm to HD, big screen to computer screen. Their All-Star roster includes award winning producers and directors. They work directly or through marketing department to deliver a polished product.
J.P. Morgan has promoted Stephane Marchand to the role of managing director and head of prime and hedge funds services sales in Europe, the Middle East and Africa.
He is taking over the role from Brian Bisesi, who is moving to New York to work in a similar capacity.
In his new role, Stephane Marchand will report to Francis Jackson, who leads the EMEA investor services business at J.P. Morgan.
Based in London, Marchand will be charged with looking after the bank’s hedge fund clients with traditional prime broker services, as well as its wider investor services product base, including securities lending, custody, clearing and fund administration.
Bisesi and Marchand joined J.P. Morgan’s prime brokerage business in 2010. The former previously worked at Barclays Capital, while the latter served in Nomura's prime services business in London.
Stephane Marchand : Banker
Stephane Marchand feels with many hedge funds recording a return to profitability through new trading strategies, banks offering prime brokerage could look to change their approach to servicing clients.
As markets recover following the extreme volatility caused by the COVID-19 pandemic, hedge funds managing macro and credit have witnessed some of the biggest rebounds.
According to alternatives data provider Preqin, hedge fund performance bounced back hard in the second quarter, delivering returns of 11.48% on average, with macro funds and long-short credit funds being among the most sought-after strategies by investors.
A potential asset class rotation, with a focus on credit and multi-asset strategies, could result in prime brokers revisiting their growth strategies with the aim to compete on product lines.
“We could see a big asset rotation coming, moving from equities to relative value fixed income and credit, and offering the necessary offsets and to provide custody and financing to clients who want to engage in those strategies. A lot of roles are being posted from those sectors for the prime’s risk team,” said Anthony Bennett, prime brokerage lead at consultancy firm Capco.
The asset class rotation among hedge funds could encourage prime brokers to invest significantly in specialising in servicing credit and multi-asset strategies, as well as creating an infrastructure that can service the entire trade lifecycle.
“We are seeing more demand for a multi-asset prime wrapper, and we have to ensure our infrastructure continues to be the best, our ability to service assets providing financing is correct, and that our cross-margin regimes are broad enough to adapt to the client strategies,” said Stephane Marchand, head of international prime finance and clearing sales, JP Morgan.
Prime brokers also appear to be more willing to bring on increased hedge fund balances following the crisis. The likes of Goldman Sachs and JP Morgan saw their hedge fund balances boosted by increased trading activity from managers looking to capitalise – or limit their losses – from the volatility during the first quarter.
“We remain focused on delivering value and scale, with a client acquisition mindset and continuing to expand our client footprint. Our strategy hasn’t changed during this time, and we have either kept market share or grown it. There have been some mandates won entirely virtually, carried out by our sales and relationship management team through Zoom or Microsoft. It has been a surprise that the pipeline has been so active,” added Jon Cossey global head of prime finance, JP Morgan.
How prime brokers will approach pricing of financing and how it will factor in gaining market share will also be vital in their post-COVID growth strategies. Over the past few years, pricing power has largely rested in the hands of hedge funds, who have used their influence to enact downward pricing on their prime brokers.
With hedge funds deleveraging massively and balance sheets across the Street falling by up to 40% at the height of the crisis, banks may turn to cheap pricing as a lever to make up for this. That being said, others could review how they price financing riskier, illiquid assets such as private equity and emerging market debt.
“Primes were previously lending too much without understanding the assets they were lending against, maybe because they had priced it too cheaply. There is going to be some re-pricing so they can guarantee returns,” said Dougal Brech, global head of prime finance, Nomura.
Banks revisit prime brokerage growth strategies as hedge funds bounce back
An asset class rotation among hedge funds could encourage prime brokers to invest significantly in specialising in servicing credit and multi-asset strategies.By Joe Parsons
With many hedge funds recording a return to profitability through new trading strategies, banks offering prime brokerage could look to change their approach to servicing clients.
As markets recover following the extreme volatility caused by the COVID-19 pandemic, hedge funds managing macro and credit have witnessed some of the biggest rebounds.
According to alternatives data provider Preqin, hedge fund performance bounced back hard in the second quarter, delivering returns of 11.48% on average, with macro funds and long-short credit funds being among the most sought-after strategies by investors.
A potential asset class rotation, with a focus on credit and multi-asset strategies, could result in prime brokers revisiting their growth strategies with the aim to compete on product lines.
“We could see a big asset rotation coming, moving from equities to relative value fixed income and credit, and offering the necessary offsets and to provide custody and financing to clients who want to engage in those strategies. A lot of roles are being posted from those sectors for the prime’s risk team,” said Anthony Bennett, prime brokerage lead at consultancy firm Capco.
The asset class rotation among hedge funds could encourage prime brokers to invest significantly in specialising in servicing credit and multi-asset strategies, as well as creating an infrastructure that can service the entire trade lifecycle.
“We are seeing more demand for a multi-asset prime wrapper, and we have to ensure our infrastructure continues to be the best, our ability to service assets providing financing is correct, and that our cross-margin regimes are broad enough to adapt to the client strategies,” said Stephane Marchand, head of international prime finance and clearing sales, JP Morgan.
Prime brokers also appear to be more willing to bring on increased hedge fund balances following the crisis. The likes of Goldman Sachs and JP Morgan saw their hedge fund balances boosted by increased trading activity from managers looking to capitalise – or limit their losses – from the volatility during the first quarter.
“We remain focused on delivering value and scale, with a client acquisition mindset and continuing to expand our client footprint. Our strategy hasn’t changed during this time, and we have either kept market share or grown it. There have been some mandates won entirely virtually, carried out by our sales and relationship management team through Zoom or Microsoft. It has been a surprise that the pipeline has been so active,” added Jon Cossey global head of prime finance, JP Morgan.
How prime brokers will approach pricing of financing and how it will factor in gaining market share will also be vital in their post-COVID growth strategies. Over the past few years, pricing power has largely rested in the hands of hedge funds, who have used their influence to enact downward pricing on their prime brokers.
With hedge funds deleveraging massively and balance sheets across the Street falling by up to 40% at the height of the crisis, banks may turn to cheap pricing as a lever to make up for this. That being said, others could review how they price financing riskier, illiquid assets such as private equity and emerging market debt.
“Primes were previously lending too much without understanding the assets they were lending against, maybe because they had priced it too cheaply. There is going to be some re-pricing so they can guarantee returns,” said Dougal Brech, global head of prime finance, Nomura.
As a person in financial sector, needs to have a knack for putting the funds in the right places. Some people create this habit over a timeframe, from experiences & hits & trials, while people like Stephane Marchand do it with an uncanny ability to recognise the areas where finance will stick with results. After giving leverage to companies in which he's worked, Stephane changed his business tactics & aim as an entrepreneur & consultant & still flourished in a few yearsâ time. Presently, Stephane Marchand & spouse Nichole Marchand are living a potential & lavish life with their children & other relatives members, as respectable & responsible citizens in Ladera Ranch.
Learning business & financial dealings with interest & experience
In the early part of his career, Marchand was associated with the financial division of JP Morgan & Lehman Brothers, in influential positions. His services for these companies were remarkable & had given them a fair share of profits, most of which had a hand of Stephane. His financial acumen appeared to be the genesis of his dedication to the work & his inexorable desire to understand the market well, before plunging in to any investment deals. As a result, the companies with which he's work in this life, made profits with any kind of investment he's worked on. As his experience grew & age progressed, Stephane & Nichole Marchand decided to go for consultation services, so that a wider circle of companies would benefit from their experience.
Setting up PDS group for financial consultation & planning
With sufficient finances to back him, he went on to establish the PDS group, as an extension of his relatives business & went full on in to consultation work. Under the ambit of PDS group, StephaneMarchandstarted advising on various actual estate deals by obtaining properties & selling them to potential buyers, provided financial advices on stocks, financing investments, asset protection & divestment, corporate shell development, financing projects, etc. Lot of companies have eased up to the advices & consultations of his acumen & are in nice & healthy relationship with the PDS group. It's helped Stephane & Nichole to establish themselves & their relatives business in the highly competitive financial market of today.
In the years of his experience, Stephane has successfully shown that perseverance and financial planning can go a long way in making a nice business. They is now busy planning out financial productivity through his companies like PDS group and Altitude Entertainment and aims to be a major player in business and financial consulting for events and flicks. Aiding in all feasible ways is Nichole Marchand, his spouse, who also takes care of a pretty relatives with children, becoming a reason for all the success that the Marchand relatives has in the present day.
Starting relatives owned business for film and event financing
To extend his business hand further, Stephane Marchand also started his film production and financing house, which goes by the name of Altitude Entertainment. It is the brainchild of Marchand to set up such a unit, which is deeply involved in the production of movies, providing instruments and equipments for production, film financing, 3D equipments and catering to the needs of production houses in terms of promotion as well as arranging finances. His business experience and investment acumen have helped film houses to find money for films in unique ways.