Advisory Board

The Advisory Board of Tennor Holding includes:

Lars Windhorst

Mr. Windhorst, founder and the ultimate beneficial owner of Tennor Holding, is Chairman of the Advisory Board.

Mr. Windhorst founded Windhorst New Technologies AG in 2000 with a focus on investments in the internet and new technologies sectors. In 1995, Mr. Windhorst established Windhorst Asia Pacific Holdings Ltd. in Hong Kong and by 1996 the company had diversified into a trading and investment conglomerate with activities in electronics, industry, trading, real estate and finance. Mr. Windhorst founded his first company, Windhorst Electronics Group, at the age of 16 in 1993, assembling and distributing PCs and IT products across Europe with first year sales of over USD 50m. Mr. Windhorst was a member of Dr. Helmut Kohl’s (the then German Federal Chancellor) economic advisory board, and accompanied the Federal Chancellor to help generate business connections globally. Mr. Windhorst was also the youngest “Global Leader for Tomorrow” at the World Economic Forum in Davos.

Mr. Windhorst has been heavily involved in various philanthropies and has generously donated to charities in the field of art. He is a patron and benefactor of the Serpentine Gallery and member of the Council of Trustees of the Serpentine Gallery in London. He has been involved with supporting two world renowned art exhibitions. Firstly, the display of ‘Reichstag Unwrapped’, a photographic exhibition by conceptual artist Christo at the Reichstag in Berlin, twenty years after he first created his iconic building wrapper; and secondly, supporting the ongoing exhibitions at the Serpentine Gallery in London

Vincent Chailley

Mr. Chailley is CIO of H2O Asset Management LLP, London.

Mr. Chailley headed the Global Fixed Income and Absolute Performance team of CAAM London. Starting his career in 1995 researching capital markets, he joined CAAM the following year as an analyst before becoming an investment manager in Asset Allocation and then Global Fixed Income.

Mr. Chailley is a member of the French Actuaries Institute and holds a postgraduate degree in Economics and Mathematical modeling from ENSAE. He also holds a Master of Science in Applied Mathematics from the University of Paris Dauphine.


Martin Gilbert

Mr. Gilbert is Chairman of Aberdeen Standard Investments & Vice Chairman of Standard Life Aberdeen plc, Edinburgh.

Standard Life Aberdeen is one of the world’s largest asset managers, with over EUR 650bn in assets under management.

Mr. Gilbert joined the investment department of local law firm Brander & Cruikshank in 1982, which subsequently became Aberdeen Asset Management. Mr. Gilbert was a co-founder & CEO of Aberdeen Asset Management. In March 2017, a merger between Standard Life and Aberdeen Asset Management was announced. At the time, the merger created the UK’s largest asset management firm, and the second biggest in Europe.

Mr. Gilbert sits on the UK Treasury’s Financial Services Trade and Investment Board and the Scottish Government’s Financial Services Advisory Board. He is a member of the International Advisory Panel of the Monetary Authority of Singapore and the International Advisory Board of British American Business, as well as the Deputy Chairman of British Sky Broadcasting Group PLC.

Mr. Gilbert graduated from Aberdeen University with an MA in Accountancy and LL.B in Law before qualifying as a Chartered Accountant at Deloitte. He received an honorary doctorate from Heriot-Watt University in 2014 and was elected a Fellow of the Royal Society of Edinburgh in 2017.

Dr. Hubertus von Grünberg

Former Chairman of ABB Ltd. and Continental AG. Co-Founder of avateramedical N.V.

Dr. von Grünberg has held board positions at a number of leading companies: Deutsche Telekom (2000-2016), ABB (2007-2015), Continental (1999-2009), MAN (2000-2007), Deutsche Post (2006-2007) and Schindler Holding (1999-2015).

His career began at Alfred Teves GmbH (1971), where he made an international career as President and CEO (1989) of ITT-Automotive Inc., USA. Dr. von Grünberg’s extensive industrial and manufacturing experience includes being CEO and latterly the Chairman of the automotive group Continental AG, where he became one of the most recognized managers of the German economy. He co-founded avateramedical N.V. in 2011.

Dr. von Grünberg studied physics at the University of Cologne, where he graduated in 1968. Subsequently, he became a research associate at the University of Cologne, where he graduated in 1970 as Dr. Ing. Physics doctorate.

Marc Lasry

Mr. Lasry is the Co-Founder and CEO of Avenue Capital Group, New York.

Avenue Capital Group is a global investment firm that was founded in 1995 by its Senior Principals, Marc Lasry and Sonia Gardner. The firm’s primary focus is investing in distressed debt and other special situations investments in the United States, Europe and Asia. The firm manages assets estimated to be approximately USD 12bn and employs c. 170 people worldwide.

Mr. Lasry co-founded Amroc Investments, LLC (“Amroc”), which purchased both trade claims and bank debt held by vendors of bankrupt and/or distressed companies. Prior to that, Mr. Lasry was the Co–Director of the Bankruptcy and Corporate Reorganization Department at Cowen & Company. He also served as Director of the Private Debt Department at Smith Vasiliou Management Company.

Mr. Lasry is currently a member of the Council on Foreign Relations and he has served and will continue to serve on various other boards of advisors/directors of both for-profit and not-for-profit private and public companies.

Mr. Lasry graduated with a B.A. in History from Clark University and a J.D. from New York Law School.

Manfredi Lefebvre d’Ovidio

Mr. Lefebvre d’Ovidio is the Executive Chairman of Silversea Cruises, Monaco.

Mr. Lefebvre d’Ovidio started his career working in family companies but moved swiftly to build his own companies. In 2001, he took control of Silversea Cruises, a family company and global leader in luxury cruising and became Executive Chairman. He transformed Silversea from a cruise line with three vessels to the market leader with 9 ships cruising to over 900 destinations worldwide. The fleet continues to expand and is currently building its tenth ship, Silver Moon, with four more in the pipeline. Further, Mr. Lefebvre d’Ovidio expanded the product range of the company by adding the Expedition fleet, quickly becoming leader in luxury expedition cruising as well. The Expedition fleet is able to reach unique, remote destinations including the Galápagos Islands, Antarctica and the Arctic.

Mr. Lefebvre d’Ovidio is a recognised leader of the global cruise Industry and has held key roles in CLIA, including European Chairman, Member of the Global Executive Committee, and Chairman from 2007-2013.

Arvind Sodhani

Mr. Sodhani is Founder and Former CEO of Intel Capital, Santa Clara.

Intel Capital is one of the world´s largest global technology investors having invested north of USD 12.3bn in more than 1500 companies since 1991 and there are more than 660 Intel Capital portfolio companies which have gone public or were sold through a strategic sale or merger.

Prior to Intel Capital, Mr. Sodhani was the Head of M&A and Treasurer and SVP at Intel Corporation. Mr. Sodhani served as a Board Member of the NASDAQ, Clearwire and SMART. The company ranked #1 in M&A exits and as #2 in IPO exits of all VCs while under his leadership. Mr. Sodhani is currently the Managing Partner at Silver Trail Ventures.

Mr. Sodhani graduated from the University of London and he received a Master’s Degree in Business Administration from the University of Michigan.

Management Board

Robin Bagchi

Chief Executive Officer

Mr. Bagchi is the Chief Executive Officer of Tennor. Mr. Bagchi has 25 years of experience in investment banking having worked in New York and London, where in 1993, he started his career at Goldman Sachs. He joined the Group in 2015 and was promoted to Deputy CEO in 2018. Mr. Bagchi received his LL.B from the London School of Economics and his LL.M from Harvard Law School, where he studied under a Fulbright Scholarship. He is also the holder of the Chartered Financial Analyst qualification, which he received in 1999.

Imran Khan

Chief Financial Officer

Mr. Khan is the Chief Financial Officer of Tennor. Prior to joining Tennor in 2014, Mr. Khan held senior accounting and controller roles over 10 years with financial and investment firms including; Deutsche Bank, Pantheon Ventures, Valiance Advisors, DAM Capital Management and St Paul Travelers. In these roles, he managed systems, processes and finance departments with direct board level reporting lines. Mr. Khan is a member of the ACCA, professional accounting designation and obtained his Bachelor of Arts (Honours) in accounting and finance from the University of East London.

Eoin Speight

Chief Operating Officer

Mr. Speight is the Chief Operating Officer of Tennor. Prior to joining Tennor in 2015, Mr. Speight held positions in Operations, Corporate Recovery, Accounting and Finance at US Bank Global Fund Services, Baker Tilly and Irish Life Investment Managers. He has extensive experience across a range of industries including Financial Services, Real Estate, Construction, Hospitality, Transportation and Manufacturing. Mr. Speight successfully managed the first ever circuit court Examinership in Ireland in March 2013. He holds a Bachelor’s (Hons) degree in Accounting from the National College of Ireland.

Stefan Kindler

Chief Risk Officer

Mr. Kindler is the Chief Risk Officer and is Head of Legal & Compliance of Tennor. Mr. Kindler joined Tennor in January 2019. Mr. Kindler started his career as a lawyer at HLB Stueckmann and Partner, a mid-size auditing and tax consulting firm in Bielefeld, Germany. In 2004 he qualified as a tax consultant and later as a certified auditor. Mr. Kindler has 18 years of experience in auditing and advising large and mid-size companies in various industries (Pharmacy, Cosmetics, Agriculture, Abrasives and Food Industry) and during this time he accompanied several due diligence, tax compliance and M&A projects. He has expertise in German local GAAP and IFRS. Mr. Kindler holds a Law degree from University of Bielefeld.

Senior Investment Team

Tareq Shabib

Chief Investment Officer

Mr Shabib is the Chief Investment Officer of Tennor. Prior to joining Tennor in 2015, Mr Shabib was Head of Structured Finance at Arab Banking Corporation, the Managing Director and Head of Strategic Investments at Qatar First Bank in Doha, where he led direct investments in the oil & gas, real estate, financial services and luxury sectors in the Middle East, East Africa and Europe. Mr. Shabib holds a Master of Science in Finance from the London Business School, an MBA and a Bachelor of Engineering from Imperial College, University of London.

Ramamurthy Sivakumar (Siva)

Chief Technology Officer and Head of Technology Investments

Mr. Sivakumar is Chief Technology Officer and Head of Technology Investments of Tennor. Mr. Sivakumar is also a Board member of avateramedical. Prior to joining Tennor, Mr. Sivakumar was Head of Asia of Intel Corp. and Managing Director of Intel Capital, the venture capital arm of Intel Corporation. He spent over 30 years at Intel Corporation and was most recently Managing Director of Intel Capital and a voting member of the Investment Committee running the Intel Capital Ultrabook fund and the Perpetual computing fund. Mr. Sivakumar has a Bachelor’s degree in engineering from the Indian Institute of Technology (IIT), Kharagpur, India and a Master’s degree in Computer Science from New Mexico Tech, New Mexico, USA.

Arjun Metre

Head of Sports, Media and Entertainment Investments

Mr. Metre is Head of Sports, Media & Entertainment related investments of Tennor. In this capacity, he has joined the boards of Tennor’s technology & media related portfolio companies. Mr. Metre served over the past 14 years, most recently, as Investment Director leading the Media, Entertainment and Sports Technology vertical at Intel Capital. Mr. Metre co-led the formation of the joint NBA-Intel Capital “Emerging Technology Initiative”. He holds a B.S. in Management Science/Quantitative Economics from the University of California at San Diego.

Mark An

Portfolio Manager

Mr. An is a Managing Director having joined Tennor in 2012. Prior to that, Mr. An was a VP with Macquarie Group in London providing financial advisory services to corporate clients across the Telecom, Technology, Media and Entertainment sectors. In parallel, he was also part of Macquarie’s principle investment team. Mr. An is a Korean national, fluent in Korean and English, who served as a Sergeant in the Republic of Korea Army in the Aviation Operations Command and completed service with honours as a Squadron Leader. He holds a Master of Science in Finance from INSEAD, Master of Philosophy, Industrial Management from the University of Cambridge and a BSc, Economics from the London School of Economics and Political Science.

Filippos Kodellas de la Morena

Portfolio Manager

Mr. Kodellas de la Morena is a Managing Director having joined Tennor in 2018. Before that, Filippos was part of KKR’s Special Situations team in London providing bespoke capital structure solutions to corporates and investing in public/private companies. He was actively involved in the full deal process; sourcing, underwriting, execution, portfolio management through to exit. Previously, Mr. Kodellas de la Morena was part of the distressed opportunities and non-performing loan team at Bain Capital Credit in London. He holds a Bachelor of Business Administration from Universidad Pontificia Comillas and is a fluent speaker in Greek, Spanish, French and English.

Tarek Malak

Portfolio Manager

Mr. Malak is a Managing Director having joined Tennor in 2011. Before that, Mr. Malak was with N.M. Rothschild & Sons in their Financial Advisory Group, specialising in M&A (focusing on TMT, consumer/retail and real estate) and debt restructuring (focusing on real estate, consumer/retail and leisure) transactions for large and mid-cap clients. Mr. Malak graduated from the University of St.Gallen, Switzerland, with a Master’s degree in Business and Economics.

Mark Olson

Portfolio Manager

Mr. Olson is a Managing Director having joined Tennor in 2015. Previously Mr. Olson managed an independent private investment firm, originating and placing private debt and equity opportunities across FinTech, Cyber Security, Commodity, Asset Backed and Commercial Property transactions. He was also head of convertible bond research on the trading desk at Morgan Stanley London and for the high yield bond trading desk at RBS London. Mr. Olson was also involved in origination, pricing and sales/distribution of bonds across European and North American investors. Mr. Olson obtained his Chartered Accountancy designation with KPMG, having professional experience in Canada, Germany and the UK. He is a CFA charter holder and holds a Bachelor of Commerce degree from the University of Calgary, Canada.

Investor Relations

Benjamin Pourrat

Investor Relations Manager

Mr. Pourrat is a Managing Director having joined Tennor in 2014. Prior to that he served as Managing Partner and Business Development leader for a boutique investment advisory GAP Financial Advisors SA; JP Morgan Cazenove; and was one of the founders of Liberum Capital, a small investment bank with a focus on real estate, agriculture, mining, oil and gas, and technology investments throughout Europe, Asia, and Africa. Mr. Pourrat has extensive experience driving the success of high-revenue investment opportunities throughout Europe, Asia, and Africa; ensuring market dominance in diverse regions worldwide; and consulting with top-tier clients regarding hedge funds, fixed income, equity, private placement and other financial products. He holds a Bachelor of Science (BSc) in Business Administration, Major in International Management from the University of Applied Science, Geneva, Switzerland.

Rene Riefler

Investor Relations Manager

Mr. Riefler is a Managing Director having joined Tennor in 2011. Before that, Mr. Riefler held senior positions in the banking and asset management industry for over two decades. He was Managing Director and founder of the largest non-bank owned Austrian Brokerage Company, RRS Strategies Services GMBH and the co-owner, CIO and board member of Euroinvest Bank. Previously, at the Bank Austria, Mr. Riefler built the Derivatives Trading department and served as a Managing Director for Investment bank Austria. Mr. Riefler was also a fund manager with San Marco KAG, and Managing Director for Ringturm KAG, the asset management company of Vienna Insurance Group VIG.