English (Global) 
Français (France) 
Deutsch (DACH) 
Italiano (Italia) 
Dutch (Nederlands) 
English (United States) 
English (Canada) 
David Vafai, MBA, CFA, CAIA
PDG
David Vafai est le fondateur et le PDGCEO de bfinance. Il est chargé de superviser le développement du groupe et des entités qui le composent. Avant de fonder bfinance en 1999, David a travaillé chez Mercer à Toronto, Goldman Sachs International à Londres et Bertelsmann à Paris. David est titulaire d'un BSc (avec mention) en sciences actuarielles de l'Université de Western, d'un MBA de l'INSEAD et est titulaire des certifications CFA et CAIA.
Market intelligence:
Manager Intelligence and Market Trends - February 2025
bfinance’s quarterly report in February 2025: read the team’s latest insights on institutional investor activity, risk appetite, market developments and asset manager performance across all major...
Impact Private Debt: DNA of a Manager Search
The ‘Impact Private Debt’ sector has undergone a significant phase of expansion during the past two years. This report presents an overview of currently available strategies, while an illustrative...
Four Family Office Trends to Watch in 2025
‘Energy transition’ tailwinds should, it is often argued, boost the prices of particular commodities in the years ahead.
Properties of Performance: What Has Set Real Estate Fund 'Winners' Apart?
With an eye on recent difficulties in real estate portfolios, we ask: what has separated high-performing real estate managers from their weaker counterparts? And should investors consider adjusting...
‘Enhanced Indexation’ Gains Momentum as Investors Shift Gears
Asset owners are now grappling with fundamental tensions within equity portfolio design. The runaway performance of tech titans has led to fears of market over-concentration. At the same time,...
Time to Press for Better Fees in Private Markets?
A new survey of more than 300 investors (Global Asset Owner Survey, November 2024) indicates that more than 40% believe ‘like-for-like’ fees for Private Equity managers have decreased in the past...
Global Asset Owner Survey: Risk and Resilience
A secular macroeconomic transition has created an unenviable series of choices—and potential traps— for pension funds, insurers, endowments, foundations, family offices and other ‘asset owners’...
Diagnosis: Opportunity? Direct Lending in Healthcare
Private debt investors are eyeing apparently superior returns in healthcare lending, with funds’ net IRR targets suggesting a premium of more than 300bps versus conventional direct lending...
