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Fabio’s route from field trips to hedge funds

When Fabio Castagno entered the world of finance after completing his engineering degree 11 years ago, it was definitely not the career path he had planned – yet today he is Chief Operating Officer of an alternative investment firm and has just launched his fourth hedge fund.

And while it is certainly an achievement to have become a COO so early in his career, Fabio (OE 1999–2006) says it is not the job title that means the most to him.

“I gain far more satisfaction from the respect and trust that I have from my colleagues who are generally veterans of the industry and have much more experience than I do. Opinions and decisions that I make are heard and acted on; this sense of responsibility is probably what I value the most.”

Fabio went from QE to read Civil Engineering at UCL, gaining a first-class Master’s degree and a Dean’s List commendation for outstanding academic performance.

“I really enjoyed studying civil engineering at university: I enjoy understanding how things work and making something that is greater than the sum of its parts. However, I graduated at the height of the financial crisis, and engineering jobs were scarce.

“I decided to apply for banking internships in my final year, so that I could work through the summer once I finished my Master’s and then take a year off.”

“The first internship I got, I took – which in hindsight, I regret: I think at the time I didn’t have enough confidence in myself.”

Nevertheless, Fabio did the internship. He was duly offered a job and started working for UBS Investment Bank in September 2011.

“I must also admit, I got very lucky at this point; I had a manager who took a liking to me and very much took me under his wing. I owe him a lot. When he left UBS, he brought me along with him to Cheyne Capital, where I got my first taste of the hedge fund world.

“And once again, I got lucky: the fund I moved to had been around for a long time, which meant that they had a lot of processes that they just did because no one had questioned them before. This gave me a lot of opportunity to streamline processes and make the most of what is available, which I really love doing.”

He remained there for two years, quitting in mid-2015 to go travelling for a year with Rhea Wolvekamp, who is now his wife. “We started in Thailand and went to Malaysia, Singapore, Indonesia, the Philippines, Myanmar, India, China, Hong Kong and Japan.”

He secured a job at his current firm, London-based Blueglen Investment Partners, in January 2017 and was promoted to COO in February last year.

“I joined Blueglen with only four years’ experience working in a fund and having just spent 18 months travelling the world. The learning curve was extremely steep: I had worked at hedge funds before, but never launched one – and we have just launched our fourth.

“My ‘day-to-day’ is largely communicating with various stakeholders – we have quite a small internal team and outsource a lot of the functions that you typically find in a hedge fund. It makes it a very broad role. It’s generally managing projects or issues, which means that one week can look very different to another. It also means that I know every part of the fund, and how it functions, very well.”

Although Covid obviously brought a temporary halt to travelling – which has he says has proved a struggle for him and his wife – it remains his main hobby. “My wife and I met in Thailand while I was travelling with another QE ‘alumn’, Anand Dattani (OE 1999–2006), in 2011.” (He and Anand share happy memories of their A-level Geography classes with current Headmaster Neil Enright.)

“Since then, I have tried to go on holiday as often as possible – agreed that that’s not environmentally friendly, but we try as much as possible in our personal lives to offset the carbon emissions, a potentially futile attempt.”

 

 

Vineeth wins competition with his video on the amazing, complex story of retroflexes – the sounds that bind together the Indian sub-continent

Sixth-former Vineeth Rajan’s presentation on Indian linguistics has been announced as the winner in a national video essay competition run by the Cambridge Language Collective.

The collective – a collaborative blog written and produced by Cambridge University linguists – awarded Vineeth joint first prize in the senior individual category for his closely argued seven-minute film entitled Retroflexes: The linguistics of South Asia.

Danylo Gutsulyak, of Year 10, was awarded joint-second place in the junior individual category for his entry entitled Das Lagerfeuer, while two other QE boys – Year 10’s Darren Lee and Tejas Bansal, of Year 9 – were also shortlisted.

QE’s Head of Languages, Nora Schlatte, said: “My congratulations go to all our successful entrants and especially to Vineeth on his submission, which was not only impeccably researched, but also very attractively presented.”

Vineeth, of Year 12, put the video together over the first half of the Easter holidays, articulating his argument throughout with his hand-drawn illustrations, and making extensive use of time-lapse photography.

He described it as a “deep dive” into the history, phonology and sociolinguistics of retroflexes, which are the distinctive sounds that are formed by curling the tongue back behind the upper jaw’s alveolar ridge. It is, he says, a topic that has long fascinated him.

Vineeth explored the various academic theories about the origins of these sounds and how they developed. He looked at why retroflexes are common across hundreds of different languages throughout the Indian sub-continent, yet are relatively rare in other parts of the world.

He acknowledged that anyone seeking to track the origin and development of sounds faced a harder challenge than linguists tracking the written language, pointing out that all the theories he was explaining about retroflexes were necessarily speculative: “Although words can be securely etymologised to one source over another, phonological influence is often harder to trace back.”

After setting out the history, he took a look at the present-day situation, mentioning the “characteristic Indian English sound that Apu [from TV’s The Simpsons] is perhaps notorious for today” and how people have adjusted the way they speak to “try and elevate themselves from this lowly regarded pronunciation”.

Vineesh concluded: “This is what is amazing about retroflexes: the profound impact that they have on the complex sociology of south Asia, spreading across the tongues of people from a diversity of cultures, religions and backgrounds in a way that nothing else possibly could….Retroflexes seem to bind all of south Asia together. Despite making us seem homogenous and often risible to the western world, [their] history can give us a glimpse into the complex interactions between diverse cultures thousands of years ago.”

Vineeth, who aspires to be a biochemist and geneticist, published the video on his own YouTube channel, Genespeak, which focuses on both biochemistry and linguistics.

 

“Go with your heart”: Ed’s career advice after half a century at the forefront of the battle to protect the environment

As an academic scientist and a world-renowned first responder to oil spills, Ed Owens has had a more varied life than most – and certainly one with more than its fair share of excitement.

He has worked on some of the world’s biggest and most infamous spills, such as Exxon Valdez in Alaska in 1989 and the Deepwater Horizon BP disaster in the Gulf of Mexico in 2010.

At a rough count, Ed (OE 1956–1964) has travelled to more than 70 countries over his long career, including frequent visits to some of the planet’s most remote locations. He has survived involvement in “a couple of aircraft crashes”,  being chased by the Argentine army, and being kidnapped in the Amazon; he has run training for coastguards all over the world, and he has trained sniffer dogs to detect oil leaks underground.

In the years immediately following the fall of the Soviet Union, Ed made five or six visits annually to work on the development of oil fields on Sakhalin Island in the Russian Far East. “I have many stories about those trips!”

There was also the time he found himself stuck on an Arctic island without a radio: just one episode in his many visits north of the Arctic Circle, where he had been every year for more than three decades until 2020, when Covid put an end to this remarkable run.

Yet, in speaking to Alumni News, Ed said he prefers to reflect not so much on his own remarkable exploits, but on his origins, on his memories of QE in the 1950s and early 1960s – including what made it a good School even back in those culturally very different days – and on passing on some hard-won advice to the young Elizabethans of today.

“I’m 76 years old, still working full-time, still publishing multiple technical papers each year in scientific peer-reviewed journals, and still loving every day of my family and professional life. A full and productive life.

“How did I get here? My paternal grandfather was a shepherd in Rutland who spent most of his life living outdoors tending the animals year-round. Just coming home on Saturday night to have a beer in the pub, bath on Sunday morning, then church and Sunday lunch with the family and then back to the fields. My maternal grandfather was a ‘horseman’, which in those days meant that he looked after all the horses on the farm. He had Christmas Day off, when the farmer would start the morning routine.

“Out of all the many cousins – I think 15, to be exact – I was the only one that went to grammar school, then I was the only one to go to university until another cousin some 10 years later who, like me, went on to do a PhD.

“Luck? Good fortune? No, not really. As many people have said I wasn’t lucky, but I worked hard – and I also would have to add that many people worked very hard on my behalf: my parents and the teachers at QE, especially my House Master, John (‘Poker’) Pearce, and subsequently a couple of mentors who shaped my professional career.

“Needless to say, the School was very different in my day. While the buildings and grounds still appear familiar, there was a great focus on sport, with Wednesday and Saturday afternoons devoted to the range of seasonal choices, and with classes on Saturday mornings to make up for the ‘lost’ Wednesday afternoons! That did not leave much time for other things, though several of us made up a soccer team that played on Sunday at the Underhill Playing Fields.

“Those days, almost everybody lived in the Barnets or the Borehamwood-Elstree-Brookmans Park area: basically within a ½ hour bus ride of the school. It was a predominantly white Christian population, probably less than 5% non-Christian or otherwise ethnically diverse. And, like today, no girls of course!

“Did that prepare us well for the big wide world? On reflection, in my own very personal situation, for some reason I have been quite oblivious to the ethnicity or the sexual preference of people with whom I interact. Quite often when a third-party says something about that topic, my reaction is ‘oh, I didn’t notice that’. I certainly did not get that from my parents. who were very Victorian and “straight”, so it must have come from the School and the tolerant and intelligent teachers that we were fortunate to have.

“Most of the group at that time were Arsenal supporters because that was the nearest football ground from Barnet by British Rail. I don’t understand why, but a couple of our contemporaries actually supported Chelsea or, even worse, Tottenham! Sadly, Charlie Eggington, the Underne House Captain who followed me, is a Spurs supporter – clearly I failed in that part of mentoring him.

“The point is we still support those teams today when we have our Zoom conference calls. It’s not about football, it’s not about the team; it’s about just following and believing in those things that have some value. The great thing about sports is that the results are totally unpredictable. That gives enjoyment to following whatever sport, whatever team, whatever person one might be interested in following.”

Ed stayed on into the Seventh Form and was a Prefect and the House Captain for Underne. On leaving QE, he took his first degree, in Geology/Earth Science at the University College of Wales, Aberystwyth – “three amazing years of playing rugby, rock climbing and mountaineering”.

After that, he wanted to take a postgraduate degree – “go to grad school” in American parlance – but there were limited opportunities at that time in the UK, a country which, as Ed points out, was still recovering economically from the Second World War and had yet to develop North Sea Oil. So, in 1967, he went to Canada on a graduate student fellowship to take his Master’s in Physical Geography at McMaster University in Hamilton, Ontario. His new life got off to an exciting start: “On Day 7 in North America, I was on a four-engine Super Constellation flying to a remote field camp in the High Arctic, north of the 60th parallel!”

That first Arctic trip set a travel of pattern which was to become the norm in the decades to come. “Some years, I was in more than ten countries – a whirlwind life.”

His first experience as an oil spill first responder came in March 1970 at an oil tanker spill in Nova Scotia, Canada. It was five years after this that he completed his PhD at the University of South Carolina in 1975.

In 1993, he established his own company, Owens Coastal Consultants, which for the past 28 years has been providing worldwide scientific and technical support for spill response operations and spill response planning and training. Today, he is based on Bainbridge Island in the State of Washington, with a rural office from where he can look east towards nearby Seattle.

“My roles in all of this are as a response operations planner, a first responder to develop strategies to accelerate environmental recovery, and a scientist to monitor that recovery. While major spills can certainly have a disastrous on nature in the very short term, long-term studies have shown how remarkably well and quickly the environment recovers from even large oil spills.”

His most recent spill was in late November 2020 at a pipeline break in the suburban San Francisco Bay area, where he had to contend with Covid constraints and where he used dogs – ‘Oil Detection Canines’, in the industry jargon – to find the leak.

Over the years, he has been called out to destinations as far flung as Arctic Russia, the Amazon and the Middle East (he cherishes memories of seeing Dubai Creek in its pre-development days).

“But,” he adds, “I always seemed to managed to arrange my schedule to be on a business trip so that I could be in London during the first week in December for the Annual Brewer’s Dozen Dinner, joining a motley group of 15 friends – mainly 1962-65 First XV rugby players – which included two School Captains, multiple House Captains and even one person who did not go to QE!  Such was the bond formed at the School – quite remarkable. The chain was not broken even in 2020, but then it had to be by Zoom.”

Sadly, since that last meeting, the group has been depleted by the death within a few days of each other of two of Ed’s very close friends – Richard Newton (School Captain 1963-64 and First XV and First X1 Captain; Head Boy of Harrisons’: School Governor in the 1980s) and Roderick ‘Rod’ Jones (Prefect and First XV Captain 1964-65; Head Boy of Staplyton).

As he looks back on a career that now spans more than half a century, Ed counsels patience for current pupils and recent alumni of the School: “It’s important to remember that your first job is not your last job. I went through a progression of working in government, university and then private sector consulting. My real career path really did not emerge until I was 35 years old! Which, if you put in perspective, it means that I had been working after graduation for 14 years. I’m now over 75, 40 years later.

“So, there’s no need to be in a hurry – to think that when you leave QE or leave university or college that this is going to be the single path that you’ll follow for the rest of your life. There are many twists and turns; the important thing is to understand when choices present themselves to go with your heart. If you’re never happy in your work, you’ll never be happy in your life! That’s why I’m still working at 75-plus – and all the other aspects of a balanced life – family, social activities, and so on – are reinforced by that solid foundation.”

  • Pictured, top to bottom: a winter beach survey on Unalaska Island, Alaska, in April 2005; presenting a paper at the 2017 International Oil Spill Conference in Long Beach, California; in front of QE’s Main Building in July 1962; at Resolute, North West Territories, Canada, August 1967: Ed (wearing the red cap, centre), briefing Admiral Yost, the United States Coast Guard Commandant, to his right, during a shoreline inspection following the Exxon Valdez oil spill, Prince William Sound, Alaska, May 1989: Colville Delta, North Slope, Alaska August 2002.
How Deshraam engineered himself a coveted gap-year industrial placement

Year in Industry placements are neither a common target for QE leavers nor are they easy to obtain – just 750 are offered nationwide annually – yet sixth-former Deshraam Ganeshamoorthy has successfully gained one, thanks to a glittering CV and some deft interview preparation.

Deshraam, of Year 13, capitalised on his national successes with a QE robotics team over the last four years to impress bosses at the Cambridge engineering consultancy interviewing him for his placement.

Now he is looking forward to spending next year at Springboard Pro, which develops advanced medical devices, before going on to university to read Mechanical Engineering.

Head of Year 13 Helen Davies said: “Whilst a large majority of our A-level students head on to leading universities straight after school or after a conventional gap year, there are some other interesting and potentially valuable vocational routes, with the Year in Industry programme among these. Deshraam is to be congratulated on the work he did to investigate and achieve this, and we wish him every success.”

Deshraam first came across the UK’s Year in Industry scheme when he was looking through the Engineering Design Trust website to learn more about the trust’s summer courses. The scheme places around 750 young people annually in engineering, science, IT, and business, where most work full-time before going on to join degree courses.

His interest piqued, he realised that a placement would enable him to pursue the things he loves most about engineering: “The ability to take a client’s challenge, create a design brief and through iteration go from simple sketches to a final product.”

“I felt that the skills I would learn from working as an engineer would help me greatly when studying for my degree and into the future.”

After consulting QE’s Head of Technology, Michael Noonan, he decided to apply.

“The application process involved creating a CV highlighting my engineering strengths. Here I had the opportunity to briefly describe my IT skills – from using Office to [3D programs] Solidworks and Cura and programming in Python – as well as past projects such as: my GCSE automatic pill dispenser project, the robots built over four years competing in the VEX robotics competitions, and most recently my independent EPQ project exploring the use of soft robotics.” (Soft robotics is a subfield of robotics dealing with the construction of robots from compliant materials similar to those found in living organisms.)

“Over the following months, new vacancies opened up and I had the opportunity to apply to the ones that most interested me.” He was especially keen that his placement should cover Mechanical Engineering, his intended degree subject.

A few months after submitting his first application, he received an invitation to interview with the Cambridge company. “I was sent some documents regarding what the interview might entail, and prepared accordingly.”

The first half of the one-hour interview on Microsoft Teams was spent talking about a project of Deshraam’s choice. “Here I spoke about the most recent robot built by my team, HYBRID, for the VEX Robotics Competition to compete in the game Tower Takeover. During this mini-presentation, I spoke about how we initially analysed the problem, our early more adventurous explorations of design possibilities, and how I used CAD to aid us in designing, manufacturing, and improving this robot. I spoke about where our weaknesses were and how we fixed these, allowing us to succeed at the end of the season and become VEX Robotics UK National Champions, winning both the Tournament Champions and Excellence trophies.

“The second half of the interview centred around a physics problem that started by looking at the forces and energy involved in the motion of a bungee jumper, but progressed to look at the properties of different materials that could be used for the cord.

“Overall, the interview was an enjoyable experience, and whilst it was challenging at times, I felt that I had done my best to explain how I was thinking through problems before reaching an answer.”

“Having spoken to three employees at the company, researching their work further, and after also speaking to Mr Noonan and Mr Feven [Michael Feven, Assistant Head (Pupil Development)], I felt this opportunity would allow me to learn lots of new things and become a better overall engineer.”

When the offer to work for the company duly arrived a few days later, Deshraam was happy to accept. He will start work there after finishing his Mathematics, Further Mathematics, Physics and Economics A-levels this summer.

He is grateful to the staff who have helped him – “primarily Mr Noonan, for always being willing to answer my questions and give me advice both during this process and over the course of the last seven years.

“I would also like to thank my closest friends at QE for always supporting me and believing in me; I couldn’t have done this without all the great people around me.”

 

Arnav named among Britain’s best young biologists

Sixth-former Arnav Sharma is among an élite handful of young scientists selected to compete for a place in the UK national team after his success in the British Biology Olympiad.

Arnav, who was one of eight QE A-level students to win gold medals in last month’s British Biology Olympiad (BBO), will soon be taking part in a virtual selection process to decide who will represent the country in this year’s 32nd International Biology Olympiad (IBO).

Congratulating him, Biology teacher Andrew Collins said: “Arnav’s success stems from his curiosity to delve into topics of Biology to unravel the precise mechanisms behind concepts. He is motivated by interests which range across a number of topics from the Kreb’s cycle* to the behaviour of ants in a colony, for example. He carries out experiments with care and is able to use his background knowledge to interpret data effectively.”

The national team selection process that he is taking part in is being hosted online by Warwick University’s School of Life Sciences and involves practical and theoretical training and assessments.

Dr Collins added that Arnav’s prowess as a biologist also benefits his classmates: “His enthusiasm sparks lively discussions in lessons and helps stimulate others to read beyond what is covered in the course and make unexpected connections between ideas.”

If he is successful in the national team selection, Arnav will join some of the top pre-university Biology students in the world, undertaking both theory and practical tests alongside young people from more than 60 countries.

Along with Arnav and his fellow gold-medal winners, a further nine boys received silver medals and three took bronze. Thus, 20 of QE’s 21 entrants won medals, while nationally only 25% of the 8,476 competitors were medal-winners. All the QE contestants were from Year 13 and volunteered to take part, competing online from home. They completed two multiple-choice sessions of 45 minutes each.

Biology teacher Mev Armon, who supervised boys on  Zoom, said: “We value the BBO because it gives our students the opportunity to go further than their A-level syllabus, offering them a new level of challenge.”

* The Kreb’s cycle, also known as the tricarboxylic acid (TCA) or citric acid cycle, is the main source of energy for cells and an important part of aerobic respiration.