ABOUT KAIROS

Kairos is a business initiative founded in 1999 by a small group of partners led by Paolo Basilico, and united in their common vision of creating excellence outside the box of big industry thinking.

Kairos is a business first and a financial company second, founded out of our passion for wealth management, as delicate a profession as it may be.
Kairos is synonymous with success in the asset management sector.
We are today exactly what we set out to become, and there is no greater satisfaction in professional life.

 

Paolo Basilico, Chairman, CEO and Founder of Kairos

Controlled by the Julius Baer Group, and boasting a strategic presence in major domestic and international financial marketplaces, around 150 workers and AUM of over  11 billion*,
Kairos is now an asset management and private banking leader.

2
Asset management offices
Milan, London
4
Private banking offices
Milan, Rome, Turin, Lugano
11.2
Billion euro in asset under management
150
Professionals
*Data updated to 31/10/2018

Our history

From the small, temporary office in via Conservatorio, Milan to a player on the world’s main financial markets, Kairos is the result of an opportunity and a bright idea: create an alternative to big asset management industry players by rethinking investment strategies and the business model.

  • 1999-2007 – Origins: a business that began with hedge funds

    The Kairos Group initially specialized in hedge funds, which are more flexible investments than traditional mutual funds. In 1999, it launched its first long-short single-manager fund. It was managed by Kairos Investment Management Limited based in London, considered a vital hub for global financial information. In the same year, Kairos Partners SGR was established in Italy and received the Bank of Italy’s authorization to perform asset management activities. It began operating in 2000 with the launch of two open-ended investment funds.

    When Italy passed legislation opening the market to hedge funds, Kairos decided to put its expertise in the hedge fund business to use in Italy as well, launching the country’s first hedge fund of funds. The brand began making a name for itself in the industry for the performance of its managed funds, its revolutionary approach to new products, its independence and the way in which it aligned its interests with those of its clients.

    Over the years, Kairos grew both in terms of AUM and staff, reaching € 7 billion in 2007, with over 100 resources in London, Milan, Rome, Lugano and Turin.

  • 2008-2012 – The global financial crisis: rethinking the strategy

    The crisis that took markets by surprise in 2008 led to a substantial contraction in assets under management for Kairos, which, rather than focusing on cutting costs, chose to respond with more dynamism on the market, recruiting additional professionals with proven ability and experience.

    The Group reworked its strategy to meet the new needs of its clients and investors in general. It expanded its offer, reducing the percentage of hedge funds in its product portfolio and gradually including UCITS funds, without forgoing its absolute return investment approach.

    By the end of 2011, the Group had a new strategic structure, a more balanced and well-diversified product portfolio that included compliant UCITS funds, a new Italian Wholesale distribution division mainly targeting retail clients and a stronger brand.

    In 2012, Kairos began an important strategic partnership with the Julius Baer Group to forge a long-term alliance in investment advisory and portfolio management services for HNW clients. Kairos acquired 100% of Julius Baer SIM, while the Swiss group picked up a 19.9% interest in Kairos Investment Management SpA. Julius Baer is the ideal partner for Kairos, as it shares the same business culture, focused on wealth management and client relationships and because it believes in the potential of Italy.

  • 2013-to date – Today and tomorrow: growth in AUM and profitability

    In 2014, the Group began to diversify its product portfolio further by expanding its offer for institutional clients, with the creation of the Global Institutional division, and became the management company of Kairos International Sicav.

    In April 2016, Julius Baer Group Ltd increased its stake in Kairos Investment Management SpA from 19.9% to 80%, then to 100% in January 2018. In the meantime, Kairos Julius Baer SIM merged into Kairos Partners SGR in 2017, streamlining the Group’s organizational structure. In yet another demonstration of its faith in the strength of our brand, Julius Baer chose not to replace the managers who, since 1999, have led Kairos to success.

    Over the past five years, the Group has significantly expanded its expertise on international markets, extending the reach of its operations in investments and advisory and wealth management services, boosting profitability and increasing AUM to over €11 billion.

Group Management

Our Principles

Making the most of clients’ assets, with a focus on continuity and capital protection.

Kairos focuses on achieving positive absolute returns regardless of market conditions, through an active and dynamic, no-benchmark approach and careful risk management.

Do few things but do them well.

Kairos believes in its investment boutique model, which focuses its experience on well-defined management areas organized into a select range of products. Focusing on what it knows best is the key to its success.

Forging authentic, transparent and long-lasting relationships with clients and partners.

Kairos makes the personalization of services and investment proposals its top priority, because listening and trust are the only foundation for strong returns.

INNOVATION

Always looking ahead without ever forgetting who we are.

INTEGRITY

When a relationship is based on reliability and confidentiality, ethics comes naturally.

EXPERTISE

Kairos believes in the value of people, because a management company is only as strong as its resources and their skills are what make the difference in results.

VISION

Kairos pursues an “understated” financial model for the management of its clients’ wealth in the long term.

SHARING

Kairos strives to perfectly align management’s interests with those of its clients. Its managers are the first to invest in the solutions that they propose to clients.

PEOPLE

Expertise alone is not enough. To maintain our clients’ trust, we need people who practice this profession with a deep sense of responsibility.

FLEXIBILITY

Knowing how to respond to market changes and meet clients’ needs in the long term are the sine qua non of our business.

Corporate Governance

Kairos operated in Italy, the United Kingdom and Switzerland with four companies:

  • With offices in Milan, Rome and Turin, this is an asset management (mutual funds and SICAVs) and private banking company.
    • Management

      Paolo Basilico – Chief Executive Officer
      Guido Maria Brera – CIO Fund Management
      Pio Benetti – CIO Discretionary Portfolio Management
      Andrea Panzeri – Head of Risk Management
      Caterina Giuggioli – Head of Sales Private Banking
      Amir Kuhdari – Head of Sales Asset Management

    • Board of Directors

      Fabrizio Rindi – Chairman
      Paolo Basilico – Director
      Fabio Bariletti – Director
      Guido Maria Brera – Director
      Caterina Giuggioli – Director
      Sabrina Goi – Director
      Carlo Lanfranchi – Director
      Paolo Olivieri – Director
      Dante Roscini – Indipendent Director
      Luigi Vignola – Director
      Anna Viviani – Indipendent Director

    • Board of Statutory Auditors

      Franco Fondi – Chairman
      Fabio Maria Venegoni – Standing Auditor
      Annunziata Melaccio – Standing Auditor
      Massimo Paolo Gentili – Alternate Auditor
      Mirko Orsi – Alternate Auditor

  • Based in London, this company is specialized in alternative and multi-manager funds, registered in England (company number 3594381), with its registered address at 10 Portman Square, London W1H 6AZ and it is authorized and regulated by the Financial Conduct Authority reference 189436.

    Policies and Disclosures
    • Board of Directors

      Fabio Bariletti – Chief Executive Officer
      Stefano Prosperi – Deputy Chief Executive Officer
      Paolo Basilico – Director
      Yves Bonzon – Director
      Niklas Antman – Director

  • This company operates in Lugano with an exclusive focus on asset management.
    • Board of Directors

      Pietro Moggi – Chairman
      Vito Valvano – General Manager and Director
      Claudio Beretta – Director
      Andrea Boella – Director
      Paolo Bosani – Director
      Luigia Giuliani Thompson – Director
      Simone Bassi – Director
      Antonio Carbone – Director

  • Based in Milan, this company manages and coordinates the Kairos Group companies.
    • Board of Directors

      Paolo Basilico – Chairman
      Fabio Bariletti – Director
      Fabrizio Rindi – Director
      Yves Robert-Charreu – Director
      Luigi Vignola – Director
      Dante Roscini – Indipendent Director


    • Board of Statutory Auditors

      Franco Fondi – Chairman
      Fabio Maria Venegoni – Standing Auditor
      Annunziata Melaccio – Standing Auditor
      Massimo Paolo Gentili – Alternate Auditor
      Mirko Orsi – Alternate Auditor

Awards

2018-2019

Over the years, Kairos has received a number of prestigious international awards which have helped make it one of the world’s top managers. It has received many of these awards repeatedly over time, demonstrating continuous excellence that few can match.

The event, organized and promoted by Blue Financial Communication, an italian publishing house specializing in financial information, rewards the main players in Italian asset management and alternative investments industry. A jury of experts has defined, through a series of periodic meetings, the best actors of the current year.

Private Banking Awards 2018

Kairos Partners SGR
cat. Hedge Fund

The Global Awards are a longstanding event in the banking and financial sector to celebrate the market players that excelled in the year. Milano Finanza’s rating is based on the fund’s unit price on the last day of each of the past 36 months, with the prices progressively weighted so the more recent values have the most weight. The funds are rated in three categories: 1) performance, considering the fund’s average monthly returns; 2) constancy, considering the number of monthly returns exceeding the segment average; 3) manager’s risk level, considering the volatility of monthly logarithmic variations in the fund. Only those funds with the highest scores in all three categories are ranked triple A (AAA). For additional details on the judging criteria, visit www.milanofinanza.it

Tripla A – Milano Finanza

Kairos Partners SGR
Company with the best average ratingcat. boutique

Extel, established in 1974, measures the performance of the investment community through votes by its customers or audiences. The results are used by investment professionals across Europe to inform buying decisions and service provision. The awards are highly coveted and are considered by brokerage firms to be a powerful endorsement of their success. Visit www.extelsurveys.com

Extel Awards 2018

Kairos Partners SGR
Pan-European Hedge Funds

The annual HFM European Hedge Fund Performance Awards are an event of recognition and reward for those hedge funds and fund of hedge funds that have outperformed their peers over the past 12 months. Visit www.hfm.global

HFM European Hedge Fund Performance Awards 2018

Kairos Pegasus Fund Ltd
European Equity over $ 500m
KIS Pegasus UCITS
Newcomer Equity over $ 200m

The UCITS Hedge Awards are sponsored by the Hedgefund Journal and are given to companies that stand apart for the excellent services they offer the hedge fund industry. Visit www.thehedgefundjournal.com Kairos International Sicav KEY awarded in the category Long/Short Equity (Discretionary) – Regulated Utilities Specialist Best Performing Fund over 2, 3 and 4 Year Periods. Kairos International Sicav ITALIA awarded in the category Long/Short Equity Italy – Discretionary Best Performing Fund over 2 and 4 Year Periods. Kairos International Sicav PEGASUS UCITS awarded in the category Long/Short Equity (Discretionary) – Europe Best Performing Fund in 2017.  

UCITS Hedge Awards 2018

KIS KEY
KIS Italia
KIS Pegasus UCITS
Long/Short Equity

Each year, Mondo Alternative, an Italian financial information provider devoted exclusively to alternative investments, recognizes Italian hedge funds, alternative UCITS, managed account platforms and platforms for third party managers of UCITS. Award criteria: awards for 2017 results are given to funds that, together with best 2017 returns, present a Sharpe ratio (calculated at a risk-free rate of 0.25%) within 25% of the best Sharpe ratio in the category. For further informations visit www.mondoalternative.com

MondoAlternative Awards 2018

KIS Pegasus UCITS cl.P
Best fund Liquid Alternative Long/Short Equity Europe 2017

The EuroHedge Awards celebrate the excellence of funds in the European hedge fund sector: in fact, every year, more than 700 hedge fund managers, investors and other industry professionals meet to reward products that set themselves apart for reporting the best performance during the previous year. The evaluations are performed according to a consolidated quantitative methodology, based on the best risk/return ratio (Sharpe index). For more details: https://hfm.global/events/eurohedge-awards-2017

EuroHedge Awards 2017

Kairos Pegasus SA
Fund of the Year
European Equity over $500m

The analysis is conducted on the basis of two criteria: the average annual return in the last five years (observation period: 16/11/2012-15/11/2017); the risk expressed by the maximum percentage loss in the last five years (“Max Drawdown”). By adding together the scores achieved by the asset management companies in the 10 categories analysed, we get the list of the best fund managers. All funds on sale in Italy (only retail categories) with a track record of at least 5 years and with a volume of at least Euro 7.5 million were considered. For more details http://istituto-qualita.com/

Istituto Tedesco Qualità e Finanza 2018

Kairos Partners SGR
Kairos TOP “Italia Medium” Fund Manager

Each year, Mondo Alternative, an Italian financial information provider devoted exclusively to alternative investments, recognizes Italian hedge funds, alternative UCITS, managed account platforms and platforms for third party managers of UCITS. Award criteria: awards for 2015 results (12 months) and 36-month results are given to funds that, together with best 2015 and 36-month returns, present a Sharpe ratio (calculated at a risk-free rate of 1%) within 25% of the best Sharpe ratio in the category. Visit:  www.mondoalternative.com

MondoAlternative Awards 2016

Kairos Multi-Strategy cl.A
Best fund of hedge funds in 2015

Award criteria:
Premio Alto Rendimento is an award sponsored by Il Sole 24 Ore to the Asset Management Company and the Mutual Funds who have stand out for their achievements and for their commitment and expertise in taking care of investments, inspired by the fundamental value of the protection of savers. The allocation of awards is based on solid analysis criteria, which consider the development of capital over a time of three years and are based on valuations provided by CFS Rating. For the awards to the best hedge funds in the categories "MultiManager" and "Single Manager" It has been taken into account only the Italian Hedge Funds, not in liquidation, with at least 36 months of statistical measurement (the period November 2012 - November 2015) , awarding the funds in their respective categories have scored top of the standings.

Premio Alto Rendimento Sole 24 Ore 2015

Kairos Multi-Strategy cl.A
Best Hedge Fund Multi Manager - Italian Funds

The UCITS Hedge Awards are sponsored by the Hedgefund Journal and are given to companies that stand apart for the excellent services they offer the hedge fund industry. Visit www.thehedgefundjournal.com

UCITS Hedge Awards 2016

KIS KEY
Best Performer over a 2 Year Period - Long/Short Equity – Regulated Utility Sector Specialist

HedgePO is an invitation-only web portal which enables institutional investors to discover, monitor and connect with the global universe of investment managers. The annual Investors Choice Awards honor fund managers that have achieved outstanding risk adjusted absolute returns. Fund managers from around the world are considered for the awards by some of the most distinguished institutional investors in the industry who determine the winner in each category by taking into account more than just performance. The awards apply a holistic approach to the judging process, including qualitative as well as quantitative criteria. The scoring methodology incorporates a set of qualitative criteria covering the investment process, risk management framework and depth of research team. Visit www.investorschoiceawards.com

Investors Choice Awards 2016
(Hedge Po)

KIS KEY
European Long Biased Equity Fund of 2015
KIS Italia
UCITS Fund of 2015

The annual HFM European Hedge Fund Performance Awards are an event of recognition and reward for those hedge funds and fund of hedge funds that have outperformed their peers over the past 12 months. Visit www.hfm.global

HFM European Performance Awards 2016

Kairos Multi-Strategy Ltd
Winner in Fund of Hedge Funds specialist – under $500m

Extel, established in 1974, measures the performance of the investment community through votes by its customers or audiences. The results are used by investment professionals across Europe to inform buying decisions and service provision. The awards are highly coveted and are considered by brokerage firms to be a powerful endorsement of their success. Visit www.extel-survey.com.

Extel Awards 2016

Kairos Partners SGR
Best Fund Management Firms in Italy

The European Fund of Hedge Funds Awards are given to the top hedge funds in Europe on the basis of quantitative and qualitative analysis methodologies. Winners are evaluated in terms of their performance, Sharpe ratio and standard deviation in their category. Visit: www.hedgefundsreviewawards.com.

Hedge Fund Review 2016 – 15th Annual European Fund of Hedge Funds Awards 2016

Kairos Multi-Strategy Ltd
Best diversified sub- $250 m FoHF over 3 years

Each year, Mondo Alternative, an Italian financial information provider devoted exclusively to alternative investments, recognizes Italian hedge funds, alternative UCITS, managed account platforms and platforms for third party managers of UCITS. Award criteria: awards for 2016 results (12 months) and 36-month results are given to funds that, together with best 2016 and 36-month returns, present a Sharpe ratio (calculated at a risk-free rate of 0.25%) within 25% of the best Sharpe ratio in the category. Visit www.mondoalternative.com

MondoAlternative Awards 2017

Kairos Multi-Strategy cl.A
Best fund of hedge funds 36 months
KIS KEY cl.P
Best alternative UCITS 2016 Long-Short Equity Sectorial

Award criteria: Premio Alto Rendimento is an award sponsored by Il Sole 24 Ore to the Asset Management Company and the Mutual Funds who have stand out for their achievements and for their commitment and expertise in taking care of investments, inspired by the fundamental value of the protection of savers. The allocation of awards is based on solid analysis criteria, which consider the development of capital over a time of three years and are based on valuations provided by CFS Rating. For the awards to the best hedge funds in the categories "MultiManager" and "Single Manager" It has been taken into account only the Italian Hedge Funds, not in liquidation, with at least 36 months of statistical measurement (the period 2013 - 2016) , awarding the funds in their respective categories have scored top of the standings.

Premio Alto Rendimento Sole 24 Ore 2016

Kairos Multi-Strategy cl.A
Best Hedge Multi Manager Fund - Italian Fund

The UCITS Hedge Awards are sponsored by the Hedgefund Journal and are given to companies that stand apart for the excellent services they offer the hedge fund industry. Visit www.thehedgefundjournal.com

UCITS Hedge Awards 2017

KIS KEY
Best Performer over a 3 Year Period - Long/Short Equity – Regulated Utility Sector Specialist

Allocator is an invitation-only web portal which enables institutional investors to discover, monitor and connect with the global universe of investment managers. The annual Investors Choice Awards honor fund managers that have achieved outstanding risk adjusted absolute returns. Fund managers from around the world are considered for the awards by some of the most distinguished institutional investors in the industry who determine the winner in each category by taking into account more than just performance. The awards apply a holistic approach to the judging process, including qualitative as well as quantitative criteria. The scoring methodology incorporates a set of qualitative criteria covering the investment process, risk management framework and depth of research team. Visit www.investorschoiceawards.com

Investors Choice Awards 2017

Kairos Pegasus Fund Ltd
Equity Long/Short Fund - Long Term Performance

The annual HFM European Hedge Fund Performance Awards are an event of recognition and reward for those hedge funds and fund of hedge funds that have outperformed their peers over the past 12 months. Visit www.hfm.global

HFM European Hedge Fund Performance Awards 2017

Kairos Investment Management Limited
Winner in Fund of Hedge Funds Management Firm of the year over $5bn

Extel, established in 1974, measures the performance of the investment community through votes by its customers or audiences. The results are used by investment professionals across Europe to inform buying decisions and service provision. The awards are highly coveted and are considered by brokerage firms to be a powerful endorsement of their success. Visit www.extelsurveys.com.

Extel Awards 2017

Kairos Partners SGR
Pan-European Hedge Fund

HFM InvestHedge Awards recognise those multi-manager funds that have achieved the strongest risk-adjusted returns in their peer groups over one and five-year timeframes, as well as longer term 10 and 20-year awards, to the end of June 2017.

HFM InvestHedge Awards 2017

KIS America
UCITS 1 Year

The European Fund of Hedge Funds Awards are given to the top hedge funds in Europe on the basis of quantitative and qualitative analysis methodologies. Winners are evaluated in terms of their performance, Sharpe ratio and standard deviation in their category. Visit: www.hedgefundsreviewawards.com

Hedge Funds Review European Performance Awards 2017

Kairos Investment Management Limited
Best overall Asset Management Group

Award criteria: Euromoney, a magazine covering various financial fields, put Kairos at the top of its private banking ranking in the Private Banking and Wealth Management Survey. This survey is conducted each year to provide a quantitative and qualitative review of the best services in private banking, by region and by areas of service. It is an informative guide for high net-worth individuals on the range of professional wealth management service providers that are available. For the survey, participating private banks and wealth managers fill out a questionnaire in which they are asked to identify the best service providers. Asset management, profitability and services offered, among others, are considered.

Premio Euromoney 2014

Kairos
Best Hedge Fund Investment for Italy

The European Fund of Hedge Funds Awards are given to the top hedge funds in Europe on the basis of quantitative and qualitative analysis methodologies. Winners are evaluated in terms of their performance, Sharpe ratio and standard deviation in their category. Visit  www.hedgefundsreviewawards.com  for additional details. Fabio Bariletti receives The career award for his outstanding contribution to the alternative fund industry.

Hedge Fund Review 2014 – 13th Annual European Fund of Hedge Funds Awards 2014

Kairos Multi-Strategy Fund Ltd
Best diversified FoHF over $500 m
Hedge Funds review FoHF 2014

The Euro Hedge Awards are given to top European hedge funds. They are considered the most prestigious in the sector: each year, more than 800 hedge fund managers, investors and professionals gather to celebrate the achievements of the top performers. Funds are awarded for their excellent mix of performance and Sharpe ratio over a specific period of time. Visit  www.hedgefundintelligence.com

Euro Hedge Awards 2014

Kairos Pegasus
New fund of the year – equity strategies

The UCITS Hedge Awards are sponsored by the Hedgefund Journal and are given to companies that stand apart for the excellent services they offer the hedge fund industry. Visit  www.thehedgefundjournal.com

UCITS Hedge Awards 2015

KIS KEY
Best Performing Long/Short Equity – Style Specific

Each year, Mondo Alternative, an Italian financial information provider devoted exclusively to alternative investments, recognizes Italian hedge funds, alternative UCITS, managed account platforms and platforms for third party managers of UCITS. Award criteria: awards for 2014 results (12 months) and 36-month results are given to funds that, together with best 2014 and 36-month returns, present a Sharpe ratio (calculated at a risk-free rate of 1%) within 25% of the best Sharpe ratio in the category. Visit  www.mondoalternative.com

MondoAlternative Awards 2015

Kairos Multi-Strategy cl.A
Best fund of hedge funds in 2014
Best fund of hedge funds in 2014 - 4 - in the low & medium volatility fund of funds category
Best fund of hedge funds over 36 months - in the low & medium volatility fund of funds category

HedgePO is an invitation-only web portal which enables institutional investors to discover, monitor and connect with the global universe of investment managers. The annual Investors Choice Awards honor fund managers that have achieved outstanding risk adjusted absolute returns. Fund managers from around the world are considered for the awards by some of the most distinguished institutional investors in the industry who determine the winner in each category by taking into account more than just performance. The awards apply a holistic approach to the judging process, including qualitative as well as quantitative criteria. The scoring methodology incorporates a set of qualitative criteria covering the investment process, risk management framework and depth of research team. Visit www.investorschoiceawards.com

Investors Choice Awards 2015
(Hedge Po)

KIS KEY
Emerging equity fund of 2014
Kairos Pegasus
Emerging event driven fund of 2014

The annual HFM European Hedge Fund Performance Awards are an event of recognition and reward for those hedge funds and fund of hedge funds that have outperformed their peers over the past 12 months.

HFM European Performance Awards 2015

KIS KEY
Winner in Specialist category

The European Single Manager Awards 2015, hosted by Hedge Funds Review Magazine, is the most prestigious event held exclusively for the European hedge fund industry .The awards recognise the best hedge funds in Europe. The hedge fund investment process relies on more than just numbers, and our judging process recognises this. An expert judging panel reviews the risk and return characteristics of the top funds, and agrees a shortlist and winner in each category. Visit www.hedgefundsreviewawards.com

Hedge Funds review – 15th Annual European Single Manager Awards 2015

Kairos Investment Management
Best Hedge Fund Group
KIS KEY
Best Equity Hedge Alternative Ucits Funds
Kairos Pegasus: Best New Hedge Fund

Extel, established in 1974, measures the performance of the investment community through votes by its customers or audiences. The results are used by investment professionals across Europe to inform buying decisions and service provision. The awards are highly coveted and are considered by brokerage firms to be a powerful endorsement of their success. Visit www.extel-survey.com.

Extel Awards 2015

Kairos Partners
Best Fund Management Firms in Italy

The European Fund of Hedge Funds Awards are given to the top hedge funds in Europe on the basis of quantitative and qualitative analysis methodologies. Winners are evaluated in terms of their performance, Sharpe ratio and standard deviation in their category. Visit:  www.hedgefundsreviewawards.com.

Hedge Fund Review 2015 – 14th Annual European Fund of Hedge Funds Awards 2015

Kairos Multi-Strategy Fund Ltd
Best diversified FoHF under $500 m over 1 year
Kairos: Best Investor Relations Team

Paolo Basilico

Gruppo Julius Baer

Fabio Bariletti

Stefano Prosperi