Hermance Capital Partners strengthens its management team with new hire and creates a new position.

The Swiss boutique investment firm, specialized in private markets, is hiring Axel Favre effective this month, according to a statement. In the newly created position of investment director, Favre will oversee the private equity investment strategy.

Favre joins the private equity firm from Après-demain SA, where he supervised direct investments in startups and mid-sized companies. Hermance was founded in 2016 by the three Genevan private banks Banque Pâris Bertrand Sturdza, Bordier and Reyl.