Skip to main content
Moritz Sterzinger headshot

Moritz Sterzinger

Hedging and Capital Markets

Private Equity | London


Send a message

About Moritz

Moritz Sterzinger is on Chatham’s Private Equity and Infrastructure Hedging and Capital Markets team based in London. This team assists clients with interest rate hedging analysis, structuring, and execution. He focuses on the DACH region, the Netherlands and the Nordics.

Prior to joining Chatham, Moritz was part of BNP Paribas’s debt capital markets financial institutions group in London, working on capital markets transactions for banks and insurance companies.

Moritz holds a master’s degree in quantitative finance and a bachelor’s degree in economics from Kiel University.


Market Update

What is Modern Monetary Theory?

With government debt levels reaching new highs relative to GDP, and deficits ballooning, now seems an appropriate time to examine Modern Monetary Theory (MMT). This piece aims to provide a high-level overview of MMT and discusses some of its claims.

Is foreign currency debt the right answer for FX hedging?

Using debt as a natural FX hedge by matching it to the company’s EBITDA currency split, is a commonly deployed solution in private equity. For example, a EUR-reporting business, generating half its EBITDA in EUR and half in USD, would draw debt in these same proportions.


  • Private Equity
  • Infrastructure
  • Interest Rate Risk Management
  • Foreign Currency Risk Management


  • Master of Quantitative Finance

Related Team Members

  • Brian Phelan

    Hedging and Capital Markets

    Private Equity | Kennett Square, PA

  • Joshua Rusin

    Managing Director
    Hedging and Capital Markets

    Private Equity | London

  • Benoit Duhil de Benaze

    Managing Director
    Hedging and Capital Markets

    Private Equity | London

View more team members

Send Moritz a message

modern buildings background image

Our Team

We’re lifelong learners. Passionate problem-solvers. Insightful thinkers and dynamic doers, transforming our expertise into your opportunity.

What We Do

Discover how we effectively manage and mitigate financial risk with advisory, process, and technology.