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Khaled Saïd invited me to become chairman of CapGen earlier this year, and it has been an invigorating and welcome new step in my career,’ says financier Michel de Carvalho. He is also executive director of Heineken Holding NV and supervisory board member of Heineken NV (he is married to Heineken heiress Charlene de Carvalho-Heineken). De Carvalho joined CapGen after 20 years at Citigroup where he served as vice chairman of Citi Investment Bank and global chairman of Citi Private Bank, having also been MD at Credit Suisse First Boston among other senior financial roles. He is thrilled with his new position. ‘Representing a boutique firm operating at the highest standards of service and investment expertise is fascinating for me both as a client of the firm and an industry professional.’ CapGen’s clients are professional investors, usually families, but they also work with charities and other endowments. ‘Each family has a different view of the world and different outcomes they need from their investments,’ de Carvalho explains. ‘What links our clients is that they want exceptional service and detailed portfolio construction – they are not interested in off the shelf products and the sales-driven part of the industry.’ Despite being so busy, de Carvalho makes sure to find time to go on holiday. ‘My wife and I travel widely for business and pleasure,’ he says. ‘Some of the more exotic countries where Heineken operates are fascinating to visit.’

Michel de Carvalho
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