Thibaud Fourcade

Managing Director
20+ years of investment banking experience
Advises sovereign entities in crafting funding solutions and managing public assets
Works with governments, state-owned enterprises (SOEs) and multilateral development institutions
Paris
@alvarezmarsal
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Thibaud Fourcade is a Managing Director with Alvarez & Marsal Sovereign Advisory Services in Paris. He advises sovereign entities in crafting funding solutions and managing public assets. Mr. Fourcade works with governments, state-owned enterprises (SOEs) and multilateral development institutions.

With more than 20 years of investment banking experience, Mr. Fourcade has led debt and equity transactions with local and international investors. He has also helped governments from emerging and frontier economies design and implement economic and financial policies such as privatization programs, infrastructure development plans, financial sector support and sectoral funding schemes.

Prior to joining A&M, Mr. Fourcade spent seven years within the Sovereign Advisory team of Rothschild & Co in Paris, serving most recently as Managing Director and spearheading the firm’s development in emerging and frontier markets.

Mr. Fourcade earned a master’s degree in finance from ESCP Business School and a master’s degree in public administration from I.E.P. Paris (Sciences-Po).  

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The firm’s Paris office marks a major expansion in 2024, launching several new offerings, boosting service lines and making more than 20 senior hires to support growing client demand
The firm’s Paris office marks a major expansion in 2024, launching several new offerings, boosting service lines and making more than 20 senior hires to support growing client demand
Mr. Fourcade, who will be based in Paris, will report to Dr. Reza Baqir, Managing Director and Global Practice Leader for SAS. With over 20 years of experience in investment banking, he specialises in serving sovereign entities and financial institutions globally.
Mr. Fourcade, who will be based in Paris, will report to Dr. Reza Baqir, Managing Director and Global Practice Leader for SAS. With over 20 years of experience in investment banking, he specialises in serving sovereign entities and financial institutions globally.
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