Giuseppe Ciardi ’81
Giuseppe Ciardi, received a BS in civil engineering from the University of Rome in 1977 and an MBA from Columbia Business School in 1981.
Mr. Ciardi began his career in 1981 as an associate with the fixed income group of Morgan Stanley. In 1985, he moved to London to become a founding partner of the capital markets group of Lazard Brothers & Co., London, where he comanaged proprietary capital for the firm. In 1990, he became a partner with the Banque Nationale de Paris Investment Group London, managing BNP’s proprietary investment capital.
In 1992, Mr. Ciardi began the London investment arm of Cominvest UK Ltd., a subsidiary of Cirio. In 1993, he undertook the management buyout that created Park Place Capital. To manage its proprietary capital, he assembled a trading team made up of highly experienced professionals who had worked with him over many years. Today, Park Place Capital is composed of four hedge funds with separate mandates as well as individual managed accounts with total assets in excess of US$600 million. Park Place Capital’s overall investment strategy is a global macroeconomic approach focusing on blue-chip, large-capitalization companies.
By the end of 1999, the stunning success of the Park Place International D fund was described in Barron’s as “breaking all known performance records and probably securing a place in hedge-fund history for the next millennium” (February 14, 2000).
Mr. Ciardi is a member of the President’s Circle of Tufts University and a sponsor of the Columbia Business School Pan-European Reunion. He is a benefactor and a development patron of Sussex House School, London, and an active member of the Young Presidents’ Organization. He has appeared on CNN’s World Business Today and is a regular guest speaker at conferences and seminars worldwide. He is an active supporter of the independent asset management industry and an official investor and supporter of the EASDAQ stock exchange.