The evolution of the Algebris Chair In Long-Term Investment and Absolute Return

Algebris is an independent global asset management company, founded by Bocconi Alumnus Davide Serra (Business Administration, 1995), since 2017 supporter of the student support projects promoted by his Alma Mater. In 2019, the Algebris Chair in Long-term Investment and Absolute Return was created on the basis of the close collaboration between Bocconi University and the company. It is held by Professor Stefano Caselli. Through the establishment of this Endowed Chair, Algebris and Bocconi have promoted impactful research covering the entire spectrum of long-term and absolute return investments, while supporting the education of a new generation of young and talented fund managers through an innovative annual training camp. Established in 2019 as a term Chair, it was transformed into a permanent Chair in 2021 thanks to a donation to the Bocconi Endowment. This contribution will give continuity over time to the ambitious goal of the Algebris Chair: to offer tools and knowledge to the new generations, to enable them to master long-term investments and have a permanent impact on global growth. The new Endowed Chair was inaugurated on 10 May 2022 at a Lectio Inauguralis open to the public.