Skip to main content
About HEC About HEC Faculty & Research Faculty & Research Master’s programs Master’s programs MBA Programs MBA Programs PhD Program PhD Program Executive Education Executive Education Summer School Summer School HEC Online HEC Online About HEC Overview Overview Who
We Are Who
We Are
Egalité des chances Egalité des chances HEC Talents HEC Talents International International Campus
Life Campus
Sustainability Sustainability Diversity
& Inclusion Diversity
& Inclusion
Stories Stories The HEC
Foundation The HEC
Coronavirus Coronavirus
Faculty & Research Overview Overview Faculty Directory Faculty Directory Departments Departments Centers Centers Chairs Chairs Knowledge Knowledge Master’s programs Master in
Management Master in
Master in
International Finance Master in
International Finance
Masters Specialized
Ecole Polytechnique
-HEC programs Ecole Polytechnique
-HEC programs
programs Dual-Degree
students Visiting
Certificates Certificates Student
Life Student
MBA Programs MBA MBA Executive MBA Executive MBA TRIUM EMBA TRIUM EMBA PhD Program Overview Overview HEC Difference HEC Difference Program details Program details Research areas Research areas HEC Community HEC Community Placement Placement Job Market Job Market Admissions Admissions Financing Financing Executive Education Executive Masters Executive Masters Executive Certificates Executive Certificates Executive short programs Executive short programs Online Online Companies Companies Executive MBA Executive MBA Infinity Pass Infinity Pass Summer School Youth Programs Youth Programs Summer programs Summer programs HEC Online Overview Overview Degree Program Degree Program Executive certificates Executive certificates MOOCs MOOCs Summer Programs Summer Programs
Support HEC

HEC Paris Creates the Jean-Marie Eveillard Endowed Chair in Value Investing

The HEC Foundation announced the creation of an endowed chair in value investing, financed by Jean-Marie Eveillard (H62), one of the most successful global value investors in history. The first chair holder is HEC Professor of Finance Augustin Landier.

Jean-Marie Eveillard

The Jean-Marie Eveillard Endowed Chair in Value Investing was created thanks to a €1.5 million gift from one of the world’s pioneering investors in global value stocks. The chair aims at promoting research and education in behavioral finance and value investing. “We are extremely grateful to Jean-Marie Eveillard for his generosity,” said HEC Dean Peter Todd. “His commitment to supporting research and teaching at HEC inspires us.”

The first year of the chair will see the introduction of a behavioral finance class in the HEC curriculum, as well as the supervision of master theses on market anomalies by the school’s MiF students. Academic research will focus on market anomalies based on fundamental analysis, and on sustainable finance.

The chair’s first holder, Augustin Landier, is known for his research on behavioral and corporate finance, asset management and banking. In 2014, Landier was named “Best Young Economist” by Le Cercle des Economistes. Prior to taking his post at HEC in 2017, he has taught or been visiting professor at Harvard Business School, Princeton University, New York University, the University of Chicago and the Toulouse School of Economics. “I am deeply honored to be the inaugural chair holder,” he declared. “Jean-Marie Eveillard is a legendary investor who has one of the best long-term track records in the business. We are proud to be able to reinforce research and teaching at HEC on the principles and the historical achievements of value investing with his support.”

Jean-Marie Eveillard helped grow the First Eagle Global Fund from $15 million in early 1979 to about $50 billion in mid-2019. He received a Lifetime Achievement Award from Morningstar in 2003 for building one of the most successful long-term records in the investment business. From his base in the United States, Jean-Marie Eveillard has served as portfolio manager for the First Eagle Global Fund between January 1979 and December 2004 (26 years) and between April 2007 and March 2009 (24 months).  Over the past ten years, he was and is Senior Adviser to First Eagle Investment Management and trustee to the First Eagle Funds.  Ten years ago, Jean-Marie wrote a book “Value Investing Makes Sense” which is available in English, in French, in German and in Spanish.

The €1.5 million endowment to support HEC’s research and education arrives as the school’s Foundation launches its most ambitious fundraising campaign ever. “Impact Tomorrow” is a call to alumni and donors across the world to pledge their support to a €200 million fundraising drive. “This gift,” concluded Peter Todd, “will enable HEC to help attract and support eminent scholars of international reputation.”