Fund General Partners

Each of Terra Firma’s funds is managed by a General Partner. The Board of each General Partner comprises Guy Hands as an Executive Director and four Non-Executive Directors.

Please click below to learn more.

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    Glen Broadhurst

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    Fred Hervouet

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    John Stares

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    Iain Stokes

Fred Hervouet


Fred Hervouet joined Terra Firma in 2015 as a Non-Executive Director of the Group’s Guernsey-based entities.

Fred previously served as Managing Director and Head of Commodity Derivatives Asia for BNP Paribas. Prior to BNP Paribas, Fred also worked for two multi-billion, multi-strategy hedge funds.

Fred has worked in different regulated financial markets based in Singapore, Switzerland, the United Kingdom and France. Most recently, Fred was a member of the BNP Paribas Commodity Group Executive Committee and BNP Paribas Credit Executive Committees on Structured Finance projects (structured debt and trade finance).

Fred holds a Master’s Degree in Financial Markets, Commodity Markets and Risk Management from University Paris Dauphine and an MSc in Applied Mathematics and International Finance. He is a member of the UK Institute of Directors, the UK Association of Investment Companies, the Guernsey Chamber of Commerce and the Guernsey Investment Fund Association.