7orca Partners Teams with Dufolio to Launch Institutional FX Overlay Services in France and Belgium

7orca, a Hamburg‑based asset manager, is entering the French and Belgian institutional markets through a new partnership with Paris‑based Dufolio, focusing on systematic foreign‑exchange risk management for both liquid and private‑market assets.

Through this alliance, 7orca Asset Management AG will build its institutional presence in France and Belgium, marking another step in the firm’s pan‑European expansion strategy.

Starting September 1, 2026, Dufolio will serve as 7orca’s regional representative in France and Belgium, facilitating dialogue with institutional investors and supporting the rollout of the firm’s systematic FX Overlay solutions.

Founded in 2017 and headquartered in Hamburg, 7orca now manages roughly €23 billion in assets, delivering systematic currency‑management and risk‑mitigation services to institutional investors.

Private markets emerge as a key focus

Although 7orca’s FX offering spans all asset classes, the partnership will place special emphasis on managing foreign‑exchange risk in private‑market investments.

Unlike liquid portfolios, currency exposures in private markets are harder to pinpoint and quantify; they can stem from capital calls, distributions, valuations and span multiple investment structures, often requiring a detailed look‑through analysis.

7orca says its proprietary FX exposure database, built since the firm’s inception in 2017, now tracks close to 1,000 investments across a broad spectrum of funds and managers.

The database identifies and aggregates the economic currency exposures embedded in an investor’s total portfolio, forming the foundation for selecting the appropriate hedging strategy—including methodology, hedge ratio and instruments.

7orca’s FX management framework comprises four pillars: exposure management, investment strategy, implementation and reporting. Trades are executed via best‑execution protocols aimed at minimizing transaction costs, while reporting delivers full transparency on exposures, implementation and outcomes.

Building a European institutional footprint

The French and Belgian markets constitute a pivotal next phase in 7orca’s goal of becoming a leading European currency manager.

“Our strategic objective is to make 7orca one of the leading pan‑European currency managers,” said Tindaro Siragusano, founder and CEO of 7orca. “France remains a key target market for us and, from an institutional standpoint, one of the most important in Europe.”

Siragusano noted that the increasing international diversification of institutional portfolios in France and Belgium is fueling demand for specialized currency‑management solutions.

“We start with the investor’s portfolio and objectives, not the product,” he added. “Partnering with Dufolio gives us a knowledgeable ally with solid market expertise for this phase.”

For Dufolio founder Katherina Duong‑Bernet, CFA, the collaboration arrives as currency risk regains prominence in institutional portfolio management.

“Investing internationally inevitably brings currency risk, and how that risk is managed can significantly affect portfolio performance, risk levels and capital efficiency,” she said.

Duong‑Bernet also stressed the governance aspects of structured FX management, especially for investors who are establishing a dedicated currency‑risk framework for the first time.

Broader FX capabilities

Beyond FX Overlay, 7orca offers institutional clients FX Exposure Management, FX Structuring, FX Execution and FX Consulting, with mandates ranging from tens of millions to several billion euros.

Dufolio, an independent third‑party marketer based in Paris, assists selected asset managers with their institutional development and European market expansion.

The partnership merges 7orca’s specialized currency‑management infrastructure with Dufolio’s local institutional reach, enabling the German manager to deepen its footprint across Europe.

Sophie Stevenard

Source link