ABOUT US

Thrive Beyond Financial Freedom

Our mission at Melanion is to make innovative investments accessible to everyone.

We believe that innovative investments, cryptocurrencies, and digital assets have the potential to revolutionize finance and create a more inclusive, fair, transparent, and accessible economy. We are therefore committed to providing our clients with the tools and resources they need to navigate the digital economy.

Our Story

While directing the fundamental trading desk at Societe Generale’s Equity Derivatives department, Jad Comair saw opportunities for innovation. In 2013, he founded Melanion to provide investors with access to innovative investments.

Since then, we have opened the gates to future-forward investment possibilities across Europe, focusing on alternative and quantitative investments.

In 2021, we took it a step further. Melanion Launched Europe’s first Bitcoin Equities UCITS ETF to bridge the gap between traditional and digital finance. A vehicle that makes investments in the Bitcoin theme accessible to all while adhering to the highest institutional standards.

Our experience in both traditional and digital finance, as well as our partnership with some of the world’s largest financial institutions, give us a unique perspective on how to merge the two worlds successfully.

A Remarkable History

  • 2013
    • First alternative manager to specialize in Dividend Futures
    • Recognized as an innovative startup (JEI) by the French Ministry of Research
    • Lyxor partnership for seeding and distribution
  • 2014
    • Won two prestigious awards: Emerging Manager of the Year and Most Innovative Hedge Fund
    • Advenis partnership for seeding and distribution in UCITS format
  • 2017
    • Seeding and Launch of the Melanion Volatility Fund
  • 2019
    • Launch of a Seeding Program for portfolio Managers
    • Launch of the Melanion Systematic Macro Fund
  • 2020
    • Launch of the Digital Asset Business
  • 2021
    Launch of the Melanion BTC Equities Universe UCITS ETF

Our Expertise

Our funds and investment services make it easier for you to grow beyond your financial comfort zone and achieve your long-term financial goals.

Alternative & Quantitative Investment Funds (for professional investors)

Dividend Derivatives

Melanion Capital’s core business is the management of investment funds specializing in Dividend derivatives, particularly Dividend Futures, and Dividend Options.

Melanion Capital has a pioneering status in the market. When launched in 2013, it was one of the first investment companies worldwide to specialize in Dividend Futures. Nearly ten years later, managing a portfolio dedicated to dividend derivatives is still one of the company’s main activities.


Volatility Arbitrage

Melanion’s first diversification step from its core activity was in 2017 when it launched a new Volatility Fund and further expanded its activities.

This fund targets absolute returns; it generates alpha with quantitative arbitrage strategies on equity options. Investments include relative value, correlation arbitrage, and forward volatility arbitrage. Although there is a strong systematic component, strategies are implemented on a discretionary basis. This fund has historically had a negative correlation with the Eurostoxx 50.

Melanion Bitcoin Equities UCITS ETF

Europe’s first Bitcoin Equities UCITS ETF, this fund is an easy way to invest in the Bitcoin thematic without having to buy or store any Bitcoin. This UCITS-compliant fund tracks the Melanion Bitcoin Exposure Index, which consists of a diversified basket of equities that exhibit the highest correlation and revenue exposure to Bitcoin.

Asset Management

We offer personalized investment management services to help you build a portfolio that fits your financial goals and needs. Everything from risk management to investment strategies can be tailored to your unique situation. Our advice is objective and unbiased — ensuring you can make the best investment choices for yourself and your loved ones.

Research and Financial Education

As a research-driven investment management firm, we share our insights and expertise with our community of investors through webinars, courses, research papers, presentations, and various conferences at different events throughout the year. We strive to educate about finance and investments, and cryptocurrencies in particular. We are committed to unlocking the future of finance and letting everyone have a stake in it.

Meet the Management

We are a team of experienced professionals united by our passion for innovative investments. We are constantly creating new ways to invest and are committed to providing our clients with the highest service possible.

Jad Comair

CEO & Founder

Jad is a serial entrepreneur and early investor in digital assets. He is the founder of Melanion Capital and has been involved in the digital economy since 2012.

Previously, Jad directed the fundamental trading desk at Société Générale Equity Derivatives department. He developed the Société Générale dividend trading desk and managed the team responsible for creating and distributing structured products to hedge funds.

Jad has an Engineering degree from Ecole Polytechnique and a master’s degree in finance from Ecole Nationale des Ponts-et-Chaussées.

Cyril Sabbagh

Managing Director

Cyril started his career in 2001 in Oddo Options, where he was Head of Equity Options Market Making. He then joined Exane Derivatives, where he had the same role.

In 2009 he founded Mosaic Finance, an independent investment firm specializing in options trading.

In 2014, after one year in strategy consulting, he joined Skylar France as a managing director, first to help the company to optimize the use of listed derivatives in its Funds and then, more globally, to improve the investment process in Asset and Wealth Management.

Cyril graduated from ENSAE, is a fellow actuary, and holds two master’s degrees from Paris VI: one in Probabilities and Finance and one in Games Theory and Modelization in Economy.

Ghali Laraqui

Director

Ghali joined Melanion in 2019. He supervises the risk department of Melanion Capital. Ghali has been developing various quantitative models around risk, index engineering, cryptocurrencies and dividends derivatives. Before joining Melanion, Ghali has acquired various experience in Sales-Trading and Asset Management in New York and Paris. He is a graduate from Paris-Dauphine University and holds a masters degree in Financial Markets.

About Melanion Foundation

Modern finance became an instrument for equity, not just growth. We can use it to make the world a better place, and the Melanion Foundation is at the forefront of this movement — empowering talented individuals to cut through the noise and make an impact.

The foundation is a non-profit, sheltered by the Fondation de France and created to provide scholarships for talents from modest backgrounds.

Our mission is more than just giving money away. We are about finding new ways to support social and economic progress worldwide. We are about empowering talented individuals to create a sustainable financial ecosystem.

We also joined hands with « Solidarité Liban » to help the people of Lebanon after the devastating blast on August 4th, 2020. We matched every dollar donated to the Melanion Foundation with a dollar of our own and sent it to Fondation de France.

We are now joining Solidarity with Ukraine, led by the Fondation de France, to help the vulnerable people affected by the conflict.

Our guiding objective is to build a future where everyone has an equal opportunity to succeed. We believe that everyone has the potential to make a difference in the world, and we are committed to supporting those with the talent and drive to do it fast.

Join us on this journey. Together, we can make finance work for good.

Our Values

Melanion Capital’s team members have a set of principles by which they abide at all times and that were developed throughout their professional experience. These values are part of the strength of Melanion Capital and are shared by all its team members.

Always have an edge

‍We strongly believe that investment performance is only driven by having an edge in the market. Being the best at what we do is a constant objective we feel is necessary to stay ahead of the competition.

Think outside the box

We try our best to do things differently from others because we think there’s always a better way of doing things than the traditional way, we just need to find it.

Be dedicated

‍The world is evolving at a rapid pace and generalists are losing terrain against specialists every day. Being experts in our field allows us to capture the best risk-reward investment opportunities.

Know your risks

‍Our risk management takes into account an extensive set of parameters that allows us to know and master our risks at all times.

Think bigger

‍Our goal is to become a leading investment manager and every step we take on this road is done in an institutionalized way of making business.