Paul Mizrahi

Managing Director, BlackFin

Paul Mizrahi

Managing Director, BlackFin

Biography

Paul Mizrahi co-founded BlackFin in 2009. At BlackFin, he focuses mainly on capital markets, distribution and Internet finance subsectors and currently sits on the boards of Kepler Cheuvreux, Comparadise, Chiarezza, Finanzen and LSA. Paul began his career on the trading floors of major banking groups in France and abroad, before taking a more entrepreneurial path and building up a successful track record in business start-ups, expansions and divestments. Between 1987 and 1993, he helped create Société Générale’s derivatives business. He began as a trader in Tokyo where he worked alongside Laurent Bouyoux, and in 1989 became head of global interest rate options based in Paris. Following his time at Société Générale, he spent a year at SG Warburg (Bacot-Allain) where he headed the equities trading business. Paul then joined the Commerzbank group in Frankfurt 1994 and alongside Laurent Bouyoux, was a founder shareholder of Commerz Financial Products, a subsidiary created to develop Commerzbank’s derivatives business in Europe. Commerz Financial Products expanded quickly and profitably, especially in Germany and France, and together with Laurent Bouyoux, he sold his founders’ shares to Commerzbank in 1997. Between 1998 and 1999, Paul acted as deputy head of Commerzbank’s global fixed-income operations and in that capacity he represented Commerzbank on the “Board” of Euro-MTS, the first pan-European electronic trading platform for government debt. In 1999, alongside Laurent Bouyoux and Eric May, Paul founded the ProCapital group, an authorized investment firm and member of Euronext, and acted as Chairman of the Management Board. ProCapital was involved in two businesses, securities services and, through its subsidiary Fortuneo, online brokage. He acted as Chairman of Fortuneo’s Management Board and through combining an effective online marketing strategy with targeted acquisitions of competitors, he succeeded in pushing Fortuneo up to second place in France, with a market share of more than 15%. Leveraging their success, the founders sold the ProCapital group to Crédit Mutuel Arkéa in July 2006. Paul oversaw the transition alongside the new management team until September 2007. Following this, from September 2007 to September 2008, Paul acted as an angel investor through his company Capital Cube, focusing mainly on the Internet sector (but excluding financial services) and as a senior adviser to private equity funds on financial services deals. Paul Mizrahi has dual French and Swedish nationality and is a graduate of the Ecole des Hautes Etudes Commerciales (HEC, 1987).