Management Team

Michael Sauer

Chairman

Michael has over 11 years of management experience in Emerging Markets, particularly in Russia/CIS and India. He has over 16 years experience across Corporate Finance, Trading, Settlement, and Venture Capital activities with the Swiss Banking Corporation in London, Brunswick UBS in Moscow, Minaret Group in Azerbaijan and Kring Technologies in India. Michael took the position of Managing Director at VISOR Capital where he coordinated Investment Banking activities which included M&A deals, issue, listing and placement of securities. He participated in the first dual listing and offering of KazMunaiGas EP’s shares and GDRs on KASE and LSE. Michael graduated with honors in Finance from the South Bank University in London.

Jose Luiz Gaviao

Managing Director - Head of Investment Banking

Jose Luiz Gaviao joined Visor Capital in April 2007. Before joining Visor he was involved in the restructuring of Fair CCVM, a Brazilian broker-dealer on behalf of its owner, a private Swiss investor. Prior to that, he worked nine years at ABN AMRO, where at the time of his departure he was Director for all Debt Capital Markets activities in Brazil. During his tenure he was responsible for domestic and cross-border origination and domestic syndication and distribution, having had postings in Amsterdam, New York and Sao Paulo. He holds an MBA from University of Pittsburgh and a bachelor's degree in Engineering.

Resegotti, Managing Director, Head of Sales

Stefano Resegotti

Managing Director - Head of Sales and Trading

Stefano joined Visor Capital in September 2009 from Cheuvreux where he led the European Equity Sales effort into the Italian client base. Prior to Cheuvreux he was Director at ING Bank, and was one of the top cash equity sales in Europe. Previously, he worked at Santander and Morgan Stanley in sales, sales trading and trading roles. He brings with him over 12 years of equity sales experience. He has degree in Economics and Business from the University of Pavia.

Jean-Christophe Lermusiaux

Managing Director - Head of Research

Jean-Christophe joined Visor Capital in November 2008 from Exane BNP Paribas, where he was in charge of the IT Services & Software sector. Jean-Christophe joined Visor Capital having over 11 years of experience as a sell-side analyst, in Paris and in London. He and his team achieved top international rankings (#1 Extel individually, #2 Extel as a team, #1 Starmine for the quality of recommendations). Over the last two years in Exane BNP Paribas, his team ranked #1 out of 25 in the bank’s trading ideas portfolio (Long/Short Equity, absolute performance). Jean-Christophe holds an engineering degree from the Ecole Centrale d’Electronique and an MBA from ESSEC Business School.

Hugh McGregor

General Counsel

Hugh joined Visor Capital in November 2009 from BV Property Investment Partners, where he was General Counsel. Previously he worked as an English-qualified corporate lawyer for Freshfields Bruckhaus Deringer and Skadden Arps in both London and Moscow. Hugh heads Visor Capital’s legal department and has worked on a wide range of corporate and capital markets transactions. He studied at Manchester University (BA (hons)) and Nottingham Law School (Post-graduate Diploma in Law and Legal Practice Course). Hugh is a solicitor of the Senior Courts of England and Wales.

Zhanar Zhetpisbayeva

Chief Financial Officer / Chief Accountant

Zhanar joined Visor Capital in 2010 after working for 11 years in HSBC Bank where she held positions of Chief Accountant, CFO and Head of Internal Audit and Operational Risks. She has experience in managing banking operations and projects implementation. Zhanar has more than 15 years of experience in banking system. She holds degree in industry planning from Almaty Institute of National Economy and postgraduate certificate in Finance and Management from LSBF. Zhanar also holds ACCA Diploma in international financial reporting.