Our Firm

Founded in 2014 by Eric Bendahan, ELEVA Capital is an independent investment manager, regulated by the French regulator (AMF). Anchored around 6 areas of expertise: European equities, the Small & Mid Cap universe, impact investing, fixed income, multi-asset strategies and structured products, the firm is proud of its independence and looks to differentiate through its performance, client proximity and integrity.

In addition, ELEVA Capital has a long-term, innovative and industry-leading partnership with UNICEF, allocating c.10% of the firms profits via the ELEVA Foundation.

Data as of 31/12/2024

Founding partners

Founder & Portfolio Manager

Eric Bendahan is the Non Executive Chairman of Eleva Capital, which he founded in September 2014. He is the portfolio manager of the funds: Eleva European Selection, ELEVA Euroland Selection, ELEVA Absolute Return Europe and ELEVA Absolute Return Dynamic. Prior to founding Eleva Capital LLP, Eric worked for Banque Syz & Co from November 2005 to August 2014. Oyster European Opportunities ranked 1st quartile in terms of performance since the beginning of his tenure (31/12/05). Oyster European Selection ranked 1st percentile since its launch on 29 Nov 2011 with a net outperformance to Stoxx 600 of 24.4 % net of fees. 

Eric previously held the position of European Equity Fund Manager at Axa Investment Managers in Paris, where he gained recognition for his performance, including being named best manager for European equities by Citywire in 2005 for his risk adjusted returns.

Eric is a CFA Charterholder and has a Master’s in Business and Economics at ESSEC.

Partner & Deputy Portfolio Manager

Armand joined ELEVA Capital in January 2015 as a Partner and deputy Portfolio Manager of the funds: ELEVA European Selection, ELEVA Euroland Selection, ELEVA Absolute Return Europe and ELEVA Absolute Return Dynamic.

Armand has 23 years of investment experience. He began his career with Rothschild & Cie in Paris in their M&A department. After six years, he moved to London to join the leveraged financed department of CIBC. He then joined Eric at Syz & Co in London as a buy-side analyst and co-manager of the Oyster Global High Dividend, in charge of the European stock picking. He has been working with Eric for the last 8 years as a deputy Portfolio Manager of its European equity strategies, assisting in managing the funds and marketing them in Europe and Asia.

Armand graduated from Cesem Reims and holds a Master in finance from EM Lyon.

CEO & Head of Business Development

Axel joined ELEVA Capital in October 2014 as Head of Investor Relations and Partner.

Axel has 21 years of industry experience. He began his career with Arthur Andersen Business Development in Paris and then moved to UBS Global Asset Management where he worked in Institutional Sales. After four years, he moved to Geneva to promote OYSTER funds on the French Market. In December 2011, he joined Métropole Gestion as Head of Distribution, banks and family offices. He was later promoted to Partner and Head of Sales France, Spain and Monaco.

He graduated from ESCP in Paris.

Key dates