Munier Badat
Director - Portfolio Manager
 

Munier is a highly experienced fixed income and derivatives specialist with over two decades of experience across portfolio management, trading, risk management and structured credit. He holds a BSc (Mechanical Engineering) from the University of the Witwatersrand and has built a distinguished career spanning asset management, banking and advisory.

He has held senior trading and risk roles at Nedbank Corporate and Investment Banking, Absa/Barclays (including London), Citibank and Eskom Treasury, managing complex portfolios across interest rates, foreign exchange and credit derivatives. He was instrumental in establishing and overseeing XVA (CVA, DVA and FVA) trading and risk frameworks and has extensive experience in sovereign bonds, credit markets and structured derivatives.

At Makalani (now Habilis Capital), Munier served as a Key Individual in Categories I, II and IIA (Hedge Funds) and was responsible for portfolio construction, credit analysis, event-driven strategies and ESG integration. He brings deep technical expertise in valuation, quantitative analytics and risk management, combined with strong institutional investment experience.