Stanhope Capital has opened a new office in Paris and shut its Jersey operation, as the firm re-doubles its focus on the French market.
The Paris office opened on 17 June and is led by David Checoury, who was recruited late last year to establish the venture, presently comprising a client team of four.
Mr Checoury holds an MBA from INSEAD and prior to his tenure at Stanhope spent 16 years at asset manager UOB Global Capital in Paris, where he was a director and partner. He was previously head of private banking at Union Bancaire Privée in Pairs.
