WHO WE ARE

About Us

The complexities and risks of institutional fund management in today’s volatile markets are all too familiar to us, as is the commitment required by portfolio managers to achieve superior returns – a task which can be heavily impeded by the ever-increasing burden of regulatory compliance. At the same time, we are staunch believers in the benefits that regulated investment vehicles can provide to investors and managers alike.

Our ‘raison d’etre’ is therefore simple: To establish and manage funds which can enjoy the full suite of benefits that regulated environments can offer, while supporting fund stakeholders to navigate such complex environments without losing sight of the fund’s sole purpose: value creation.

To that end, we have put together a multi-disciplinary team of diverse backgrounds and expertise that is both diligent & analytical yet able to think ‘outside the box’ with the objective of offering bespoke solutions which are both best-in-class and forward looking.

Our Values

Our work philosophy revolves around our fundamental principles of independence, integrity and commitment as we strive to offer expert, unbiased advice and to create value for our clients by helping them overcome the wide spectrum of challenges that arise throughout the design, establishment and management of funds and their respective portfolio components.

Board of Directors

Carolos Georgallis
CEO & Head of Portfolio Management

Carolos brings on board 20+ of fund management and transactional experience from the UK, UAE and Cyprus that spans across multiple geographies and industries.

He was formerly a Director for the Corporate Advisory division of Generation Alfa, a Swiss investment management and advisory firm, in Dubai.  Before that he was an Investment Banker at Renaissance Capital, a leading emerging markets specialist investment bank, developing its investment Banking platform in the MENA region.

Between 2004 and 2010, Carolos worked as a Portfolio Manager for Herald Investment Management, the largest Technology, Media and Telecoms (TMT) specialist fund manager in London.

Carolos holds an M.Phil. in Engineering from the University of Cambridge and a B.Eng. in Electrical & Electronic Engineering from Imperial College. He is also a CFA charterholder.

Thea Klatsia
Head of Risk Management

Thea is an investment and risk management professional with experience spanning the UK and Cyprus. She is currently the Head of Risk Management of the Company, responsible for establishing the risk management framework and the implementation of the risk monitoring processes of AIFCAP Managers.

Prior to joining the Company, Thea was an investment analyst for Azzurro Associates in Manchester, UK, a specialist Debt Purchaser of commercial and niche consumer debt portfolios in the UK and across Europe, where, during her tenure, she has analysed and priced debt assets in excess of GBP 1billion.

Thea holds an MSc in Business Analytics, Operational Research and Risk Analysis and a BA in Economics from the University of Manchester. Thea is a CFA charterholder.

Demetris A. Tsingis
Non-Executive Director

Demetris is the Managing Partner of FINCAP Advisers, which he founded in late 2016, previously serving as a Partner heading the Financial Regulation & Advisory departments, the London Office and the Executive Academy departments of one of the leading advisory firms of Cyprus. 

Specialised in Private Equity while at Arthur Andersen/Deloitte London, in M&A in BNP Paribas New York and in Private Banking and wealth management at Bank of Cyprus he has a wealth of experience in the financial services industry for over 21 years now. 

Demetris has served as a local Councillor of Strovolos Municipality (2007-2016), a board member of the Nicosia Sewerage Board (2012-2016) and as President of Strovolos COOP Bank in 2014. In 2018-2019 he served as a board member of the National Betting Authority and in 2019 he was appointed as the Deputy Chairman of the Board of the Housing Finance Corporation (HFC), the only remaining state-owned bank in Cyprus and in 2021 appointed Chairman of the Board until he resigned end of 2022. He is further serving since 2018 as the first Honorary Consul of the Republic of the Union of Myanmar to Cyprus.

Demetris holds a BSc in Government & Economics (LSE) with 1st Class Honours and an MBA with Honours (top 20% of the class) in Finance, Entrepreneurial Management and Private Equity & Venture Capital (Wharton Business School) with a Fulbright Scholarship. 

He is a Fellow Chartered Accountant (FCA), a practicing member of the ICPAC Cyprus and of the ICAEW UK, a CYSEC advanced/AML examination holder, a Chartered Member of the Chartered Institute of Securities & Investments (Ch. MCSI), a Corporate Finance qualification holder from ICAEW, an approved HRDA External Trainer, an Insolvency Practitioner, an Insurance Advisor and a licensed Mediator amongst other qualifications. He further holds a PhD in Entrepreneurship from Warwick Business School (ESRC Scholarship) on platform strategy research.

Nicolas Kelepeniotis
Independent Non-Executive Director

Nicolas handled the Provident Fund of Bank of Cyprus for a number of years.

He served for 5 years as Head of Private Banking managing structured products, portfolios of clients, advising on the funds of Bank of Cyprus that were set up for equities, bonds and derivatives by the bank on behalf of clients.

Additionally, as Head of Private Banking he performed due diligence on which funds clients should take considering NAV, liquidity, risk, diversification, asset class, investment policy, track record, historical testing, simulation analysis and others.

Yiannis Georgiou
Independent Non-Executive Director

Yiannis is the Head of Proprietary Trading at Broctagon Prime and also serves as Non-Executive Director of Teletrade – DJ International Consulting Ltd

He was previously the General Manager and Head of Dealing at the Octa FX/X Global Markets/Tickmill Group where, among others, he led the development of the group’s strategy.

Prior to that he was a Portfolio Manager / Head of RTO & Execution at ForexTime. Between 2010 and 2012 he was a dealer at Tadawul FX. Yiannis began his career as a Fixed Income Trader at STCM Ltd – STA (Now MarexSpectron).

Yiannis holds a degree in Business Planning & Information Systems from the Highest Technological Education Institute of Patra.

Disclaimer

This website and its content have been prepared by AIFCAP Managers Ltd (“AIFCAP” or the “Company”), an Alternative Investment Fund Manager (“AIFM”), established in the Republic of Cyprus, authorised and regulated by the Cyprus Securities and Exchange Commission, with license number AIFM34/56/2013.

By accessing this information you shall be deemed to accept and agree to be bound by the terms of this notice. This communication is directed exclusively at Professional and Well-Informed investors, as defined by the Alternative Investment Funds Law 124(Ι)/2018. It should not be distributed to, or relied on by, any other investors. The funds managed by the Company cannot be promoted to investors for whom they have not been deemed appropriate. If you do not fall into these categories do not read this document. The information contained herein is confidential and is intended only for the persons to whom it is transmitted by the Company or authorized distributors. Any reproduction of this document in whole or in part, or the divulgence of any of its contents, without the prior written consent of the Company is prohibited.

The content of this website is provided exclusively for informative purposes. Nothing in this website should be considered as an offer to buy, solicitation to sell or personal investment advice. Prospective investors should form their own opinion of any potential investment in any of the funds managed by the Company, taking into account the information contained in the respective Offering Memorandums, their Supplements and the Key Information Documents mentioned herein.

Neither the Company nor any third parties provide warranty or guarantee as to the completeness, timelines, or adequacy of the information provided herewith. Past performance of any investment is not always indicative of future performance and investments are subject to many risk factors.

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