Dr Alex Pilato
Chairman and Chief Executive

Alex Pilato, TradeRisks’ principal shareholder, founded the company in 2000. He was the founder of JP Morgan’s risk advisory businesses. He pioneered the development of sophisticated modelling techniques. He established a market reputation in risk management as a trusted advisor to central banks, sovereign debt agencies, ministries of finance, major corporates and financial institutions. He developed, maintained and supervised debt benchmarks for sovereign borrowers and debt agencies. He is a regular speaker on sovereign asset and liability management issues at World Bank and IMF conferences. Chairman of key industry conferences on credit and market risk, and speaker at internal seminars organised by central banks and financial regulators. After 7 years at JP Morgan, Alex moved to HSBC to lead the bank’s global risk advisory services and then to Tokai Bank Europe (TBE) as head of Capital Markets and Merchant Banking. Alex is an experienced manager of trading teams. He managed the client trading teams at TBE over a number of years which included periods of extremely volatile market conditions such as the Asian financial crisis. He was a member of TBE’s Executive, Risk and New Products Committees which were also responsible for the extensive proprietary trading activities of the bank. He has considerable experience on the totality of issues surrounding the management of proprietary trading operations, e.g. capital allocation, recruitment, traders’ compensation, risk management, compliance and regulatory issues.

Theoretical Physics First Class Honours Degree, Queen Mary College, London
Mathematics D.Phil., Magdalen College, Oxford

Jon Slater
Chief Executive of ReSI Capital Management

Jon Slater, TradeRisks’ joint Chief Executive, joined the company in February 2011 from JP Morgan where he was Managing Director and Global Head of Structured Credit Trading, renewing a long-standing working relationship with Alex Pilato. The two previously worked together at JP Morgan from 1989, and also from 1997 at Tokai Bank Europe. Jon Slater subsequently re-joined JP Morgan in 2000 where he spent the next 11 years developing and leading its Structured Credit Trading business. Jon Slater is an experienced structured derivatives trader and has a wealth of experience on risk management, benchmarking and performance measurement. Jon is the Compliance Officer for TradeRisks Limited.

Mathematics First Class Honours Degree, St John's College, Cambridge

Antoine Pesenti
Senior Managing Director

Antoine Pesenti is head of Trading and Risk Management of TradeRisks. He joined TradeRisks in 2002 from the EBRD where he was responsible for the development of Monte Carlo simulation short-rate models for the risk management of government and corporate bond positions. Prior to EBRD, Antoine was responsible for the development of yield curve and derivatives pricing models and libraries at Refco, where he subsequently became in charge of the OTC Desk risk management. Before joining the City, Antoine Pesenti had a distinguished mathematics academic career in France and Italy. He was assistant professor of mathematics in Classe Préparatoire aux Grandes Ecoles, Lycée Monge, Chambéry. Antoine is Finance Director for the TradeRisks Group. He is also a board member of two charities.

MSc in Finance and Economics with distinction, LSE, London
MPhil in Mathematical Logic
MSc in Pure Mathematics, ENS Cachan and University Paris VII
BA in Philosophy, University Paris-Sorbonne

Mark Rogers
Chief Executive – ReSI Housing Ltd

Mark Rogers spent 12 years as Chief Executive of Circle Housing Group, a 65,000 unit housing association now part of the Clarion Group, as well as holding Chief Executive roles at Anglia Housing Group and Nene Housing Society. He has been a member of the Chartered Institute of Housing since 1986.

BA (Hons) Law, University of London
Member of the Chartered Institute of Housing since 1986

Ben Fry
Managing Director

Ben Fry joined TradeRisks in 2011 from Deloitte’s business modelling team where he advised on a number of financial modelling assignments for financial services, infrastructure and media clients.
Prior to joining the modelling team, Ben qualified as a Chartered Accountant within Deloitte’s corporate audit practice where he managed audits across the media and security sectors.

BSc Mathematics, Imperial College London Associate of the Royal College of Science
ACA Chartered Accountant, ICAEW
Certificate in Investment Management
Chartered Institute for Securities & Investment, London

Richard Stubbs
Chief Financial Officer

Richard Stubbs joined TradeRisks in 2018 from SCP where he was responsible for investor and financial reporting on c. 460 million EUR assets under management including a Luxembourg stock exchange listed fund. He has over twenty years’ experience in senior finance roles, 12 years of which were with public and private equity real estate funds. In particular he worked on Alpha Real Capital’s Index Linked, and Social Long Income, funds, as well as several listed and private Pan-European and UK commercial real estate funds and Capital & Regional’s portfolio of in-town dominant community shopping centres.

FCA Chartered Accountant, ICAEW
BA PPE, Exeter College, Oxford

Juliet Pithers
Financial Controller

Juliet joined TradeRisks in 2018 having previously worked in Property Finance, Investment Fund, Financial Advisors and Foreign Banks.  Juliet is at ACCA Finalist level and will be looking to qualify during 2019.

Association of Chartered Certified Accountants, Finalist

Peter Redman
Managing Director – Property

Pete Redman heads TradeRisks’ Policy and Research function. He joined TradeRisks in 2013. Pete was educated at the University of Cambridge where he studied Engineering, History and Philosophy of Science. With a family background in property and house building he started as a rent collector for Islington Council, moving on to develop housing for Holloway Tenant Co-operative, and then as part of Circle 33 Housing Trust’s executive management team to build one of the country’s largest housing investment programmes.
He has been Chief Executive of Leeds Federated HA, Notting Hill Housing Group, FCH Birmingham, London’s largest ALMO Lambeth Living and responsible for the Area Management Teams of London’s largest landlord – Southwark Council, a past Chair of the London Housing Federation and of the RIBA Housing Client Forum, and is Chair of Ducane Housing Association. In all settings Pete is known as an innovative leader and has pioneered much of the policy development that shapes the social housing sector today. He continues to be a progressive force within housing policy research whether it is for housing clients, think tanks or academia.

BA (Hons) Engineering, and History and Philosophy of Science, University of Cambridge
Member of the Royal Institute of British Architects (Hon Fellow)

Howard Toplis
Managing Director – ReSI Capital Management Limited

Howard Toplis spent 5 years as group chief executive of GreenSquare Housing Group, a 12,000 unit housing association.  Prior to that, he was Chief Executive at Tor Homes, a housing association in south Devon.  In the past, he has also served as a board member on two housing association boards.  He started his housing career as treasury manager at the Devon & Cornwall Housing group.  Howard is also a chartered accountant, qualifying with Ernst & Young.

Associate of the Association of Corporate Treasurers (ACT)
ACA Chartered Accountant, ICEAW
BSc Econ (Hons) – Politics and Statistics

Kyle Rosevear

Kyle provides debt advisory across housing and infrastructure sectors. Kyle previously worked in the Financing Group at Goldman Sachs for over seven years.  He has execution experience across all major capital markets including in Australia, Asia, the US, Europe and the UK.
He is admitted as a Barrister and Solicitor to the High Court of New Zealand.

LLB/BCom, University of Otago, Dunedin, New Zealand

John Coleman

John joined TradeRisks from KPMG’s audit practice in 2014. Working within KPMG’s Infrastructure, Business Services & Construction department he gained exposure to a number of FTSE 100 clients and major infrastructure projects.

BSc Economics, University of Nottingham
ACA Chartered Accountant, ICAEW

Michael Woodman
Legal Counsel

Michael joined TradeRisks in 2012. He is a qualified solicitor, having trained at Sidley Austin LLP in London. At Sidley, Michael practised in the Debt Capital Markets department in which he advised clients on a range of capital markets and banking transactions, which included issues of Regulation S and Rule 144A debt securities, updates of EMTN and MTN programmes and updates of revolving loan facilities.
In addition, Michael has considerable commercial experience, having worked in-house for the Organising Committee for the London 2012 Games. Michael is Company Secretary for the TradeRisks Group.

LLB Law, University College London
Legal Practice Course, The College of Law
Solicitor of England and Wales

Gourav Choudhary

Gourav joined TradeRisks in 2018.  Gourav previously worked at Arcus Infrastructure Partners focusing on investing in the infrastructure sector.  Gourav has a number of years of experience in corporate finance advisory and principal investments in the UK and continental Europe where he successfully raised bank finance in excess of £1.6bn on completed transactions.

Master of Commerce in Accounting and Finance, Macquarie University, Australia
Bachelor of Commerce, Actuarial Studies, FIAA, Macquarie University, Australia

Galen Moore
Chief of Staff

Galen Moore joins TradeRisks as the Chief of Staff. The new role reports directly to the TradeRisks Group Chief Executive and has been put in place to further strengthen operational management and process, bringing the skills needed to ensure that the governance, culture and development of our people and organisation are aligned as we scale up. Galen spent the last 14 years working in family offices and fund managers with roles at Rianta Capital, TCI Fund Management and most recently Nyland.

BA (Hons), Communications, Queens University, Canada

James Clegg
Associate Director

James joined TradeRisks from Deloitte where he spent 3 years working in the corporate audit department. During this time, he gained exposure to a range of listed and public sector clients including major infrastructure developers and local authorities.

BSc Economics, University of Warwick
ACA Chartered Accountant, ICAEW


Oliver Baldwin
Associate Director

Oliver joined TradeRisks in November 2018 from Inspired Asset Management where he was Head of Acquisitions. He previously headed a team of four running the analysis and deal origination of new real estate development and investment opportunities up to acquisition values of £250m. Oliver focuses on developing new and maintaining existing relationships as well as the financial modelling of new acquisitions for ReSI.  

BSc Real Estate, Finance & Investment, Cass Business School

Jai Srivastava
Senior Associate

Jai joined TradeRisks in 2018 from KPMG’s banking audit department where he focussed on valuation of financial instruments including derivatives, illiquid debt and unlisted equities. Jai is currently studying towards completing the CFA qualification.

BA (Hons) Philosophy, Politics and Economics, Magdalen College, Oxford
ACA Chartered Accountant, ICAEW
Passed CFA Level III

Tom Archer
Senior Associate

Tom joined TradeRisks in 2018 after spending three years in Ernst and Young's Government and Public Sector audit team. During this time he gained exposure to a range of public and private sector entities including major universities, public infrastructure bodies and local authorities. Tom is currently working towards the CFA qualification.


BA (Hons) Mathematics, St Edmund Hall, Oxford
ACA Chartered Accountant, ICAEW
Passed CFA Level I

Kashmir Kaur
Senior Associate

Kash joined TradeRisks from Deloitte where she spent two and a half years working in the Banking Audit Department auditing a semi governmental organisation and trading companies with particular focus in the valuation of unlisted equities, before joining the Debt M&A team. Kash is currently studying towards completing the CFA qualification.

Bachelor of Commerce, University of British Columbia
ACA Chartered Accountant, ICAEW

Greg Krause

Greg joined TradeRisks from Ernst and Young’s M&A Tax team, where he focused on due diligence and structuring of UK-bound investments for Asian private equity sponsors and corporates. Prior to Ernst and Young, he gained investment experience working for an asset manager focusing on a Long/Short Event-Driven strategy. Greg is working towards completing the CFA qualification.

MSc Finance, London School of Economics and Political Science
BA (Hons) International Business and Mandarin, Middlesex University
Passed CFA Level I

Fergus Wigan

Fergus joined TradeRisks in 2018 having previously worked for the Canary Wharf Group distributing advertising space. Fergus’ prior experience includes contracting at strategy houses such as Plural Strategy and Fairgrove Partners where he provided extensive project assistance.

MSc Consumer Behaviour, Goldsmiths University

James Pendower
IT Director

James joined TradeRisks after five years working at the IT services boutique Phoenix SSI, where he was a technical manager for a range of corporates. He is experienced in Windows 2008 R2, Active Directory and Exchange as well as networking, security and IT project management.

MCITP Enterprise Administrator
Microsoft Certified Systems Engineer
Microsoft Certified Solutions Associate

June Cottington
Software Developer

June joined TradeRisks in 2018 to support TradeRisks' debt management system software. She has extensive software experience in a variety of software languages and application areas.

BSc Mathematics & Computer Studies at Oxford Polytechnic

Sergey Pichugin
Property Analyst

Sergey joined Traderisks in 2018, having previously worked in private equity - asset managing portfolios and analysing investment opportunities at Alston Asquith Limited.  Sergey currently supports the asset management function of the business.

BA (Hons) Business Management – Finance, University of Westminster
MA (Hons) International Business and Economics, University of Westminster

Ewen Alexander

Ewen joined TradeRisks in 2018 as an Industrial Placement student. After this year, he will return to the University of Bath to complete the final year of his BSc (Hons) Economics degree.

Naseelah Toorbuth
Team Assistant

Naseelah joined the company in 2018, with over 10-years’ experience of working in several different business supporting roles, in various industries. Previously Naseelah has supported groups of small businesses overseas within the export and import industry; she has frequently travelled to network with clients and expand their businesses through international trading.

BA English Language & Linguistics - Queen Mary, University of London