And I also wonder about the timing. When the three musketeers – Michael Baldock, Benoit d’Angelin and Michael Tory – formed Ondra Partners in late 2008, there was a movement of the tectonic plates and a gap opened up in the market. Clients were searching for a new way and a wave of revulsion engulfed the powerful investment banks such as Goldman Sachs and Morgan Stanley.
Such firms were seen as spiralling out of control and were spurned for their greed and supposedly self-serving ways.
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