Frederic Couderc is the Co-Founder and Co-Chief Investment Officer of Chenavari. Mr. Couderc founded the firm's dedicated asset-backed securities and structured finance business. He works closely with Loïc Fery, overseeing the investment process on the tradeable business. Prior to founding Chenavari in 2008, he was a Managing Director, Principal at Bear Stearns, where he headed fixed income sales to Spain and Portugal. Prior to that, he spent seven years at Natixis as Deputy Head of Capital Markets for Spain & Portugal. During that time, he successfully originated, structured and marketed a large number of European ABS transactions. He started his career at Banque Indosuez in Madrid. Mr. Couderc has a Master in Banking and Finance from Dauphine University in Paris.