Itavera Asset Management accelerates its growth with the launch of a total return credit fund and the arrival of Benoît de Laval and Clément Bonnin (ex-AXA IM)
19 FEB, 2026
By Joanna Piwko from RankiaPro Europe
Itavera Asset Management (IAM) announces the recruitment of Benoît de Laval and Clément Bonnin, formerly of AXA Investment Managers, significantly strengthening its collective asset management division with the launch of a bond strategy.
Before joining Itavera AM, Benoît de Laval managed one of Europe’s largest total return credit funds, with over €5 billion in assets under management, a strategy recognized for the strength of its performance and the rigor of its investment process.
Clément Bonnin managed a financial subordinated debt fund and is recognized as an expert in this asset class.
At Itavera AM, they will launch a new credit strategy, directly building on their previous experience. From inception, the fund will benefit from more than €250 million in assets under management.
This strategic arrival, following that of Rolando Grandi from La Financière de l’Échiquier, confirms Itavera AM’s positioning as an innovative asset management company and a platform for investment talent.
At the end of the current year, marking the second year of the Itavera AM project, the company aims to surpass €1 billion in assets under management.
Benoît de Laval, Head of Fixed Income Management:
Joining Itavera Asset Management represents a tremendous opportunity. After several years managing very significant assets, Clément and I wanted to evolve in a more agile environment, offering greater flexibility and closer proximity to clients. Itavera AM brings together experienced teams, a strong performance culture, and a clear ambition. We are convinced that this environment will allow us to continue delivering sustainable performance and to remain closely aligned with investors’ expectations.
Thibault Saint-Raymond, Chief Commercial Officer, adds:
The arrival of Benoît and Clément marks a major milestone for Itavera AM. We are particularly proud to welcome them to the firm. Their expertise enables us to enhance our range with a bond strategy sought after by investors, perfectly complementary to Rolando Grandi’s management. This new offering will allow us to significantly broaden our investor base and continue building Itavera AM. Benoît and Clément were highly sought after in the market, and their decision to join us confirms the attractiveness and credibility of our project.
About Itavera AM
With more than €500 million in assets under management and €200 million in net inflows in 2025, Itavera AM is establishing itself as a high-conviction asset manager experiencing strong acceleration. Innovative in its approach, the firm positions itself on major long-term trends while offering core portfolio solutions through rigorous and proven processes. At the same time, its Private Wealth division supports families across all their wealth management needs. Itavera AM has been backed by the Valoria Capital group since 2022, a key partner fully supporting its development.
About Valoria Capital
Valoria Capital is a French group specializing in private wealth management, offering advisory and financial investment services to individuals, companies, and institutional investors through its subsidiary Exclusive Partners.
Founded in 2012, the company advises on nearly €35 billion in assets and relies on a team of around 250 employees. The group operates more than twenty-five offices across France, ensuring a strong local presence and close relationships with its clients.
