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Lazard's Matthieu Pigasse is 'the self-marketed rock star of finance'

Feb 19, 2015, 01:44 IST

On Wednesday, The Wall Street Journal profiled Matthieu Pigasse, the investment banker and vice-chairman of Lazard Europe who is currently advising the Greek government on its debt deal with the Eurogroup.

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But he's so much more than just your average investment banker.

From the WSJ:

In France, Mr. Pigasse, a one-time guitar player, has shot to fame as the self-marketed rock star of finance. He co-owns the left-leaning French newspaper Le Monde, listens to punk rock in the office and, despite working for one of the most storied names in finance, says he wants a social revolution against the "conservative status quo."

The WSJ profile leaves out the time in 2010 when Pigasse allegedly rented a house in the Hamptons and then skipped out on it after two days because he "didn't like the view."That seems like a pretty rock star thing to do, though.

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As for Pigasse's banking activities, WSJ reports that, "his debt-advisory team met with Greek officials in Brussels to work on the practical elements of a plan under which private-sector investors will write off 50% of €206 billion ($277 billion) of Greek sovereign debt they hold."

And as for what Pigasse has to say for himself, he told the Journal:

Mr. Pigasse described himself as a pro-market Socialist. He is a financier who wants more market regulation and a millionaire banker who doesn't own real estate or a car. "I don't see any contradiction here," he said. "I think you can defend ideas that are not, financially speaking, in your interest."

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