After serving as assistant and associate professor at Harvard University, Edward E. Leamer joined the University of California at Los Angeles in 1975 as Professor of Economics and served as Chair from 1983 to 1987. In 1990, he moved to the Anderson Graduate School of Management and was appointed to the Chauncey J. Medberry Chair.
Professor Leamer is a Fellow of the American Academy of Arts and Sciences, and a Fellow of the Econometric Society. He is also a research associate of the National Bureau of Economic Research and a visiting scholar at the International Monetary Fund and the Board of Governors of the Federal Reserve System. He is currently serving as the director of the UCLA Anderson Forecast.
Dr. Leamer has published more than 100 articles and four books. This research has been supported by continuous grants for over 25 years from the National Science Foundation, the Sloan Foundation and the Russell Sage Foundation. His research papers in econometrics have been collected in Sturdy Econometrics, published in the Edward Elgar Series of Economists of the 20th Century. His research in international economics and econometric methodology has been discussed in a chapter written by Herman Leonard and Keith Maskus in New Horizons in Economic Thought: Appraisals of Leading Economists. His recent research interests include the North American Free Trade Agreement, the dismantling of the Swedish welfare state, the economic integration of Eastern Europe, Taiwan and the Mainland, and the impact of globalization on the US economy.
Professor Leamer received a BA degree in mathematics from Princeton University and a PhD degree in economics and an MA degree in mathematics from the University of Michigan.
Yariv Itah has more than eight years of industry experience and has consulted to some of the leading investment management firms globally on a broad range of strategic, distribution and investments-related issues. He has managed projects for traditional, alternative, institutionally oriented and retail-oriented firms. Itah’s recent work focused on globalization in the investment management industry, portable alpha, liability-led investing and customized investment solutions. He has broad experience addressing product set management as well as pre- and post-M&A situations. He also heads the Casey, Quirk & Associates Institutional Product Review, a systematic thought leadership and market analysis publication on the institutional market segment. His previous experience includes evaluation and valuation of business entities and mutual fund board advisory.
Prior to joining CQA in 2002, Itah was a project manager at the Barra Strategic Consulting Group, where he assisted investment management firms with planning and turnaround situations. He previously worked for Ernst & Young LLP, where he audited and consulted to international conglomerates.
Itah received a BA in economics and accounting from the University of Tel-Aviv and an MBA from the Yale School of Management, and he is a certified public accountant. He also served as an Airborne Infantry Squad Commander in the Israeli Army.
In his role as chief investment strategist, Bryan R. Decker serves as chairman of Evaluation Associates’ investment committee, whose role is to develop both short-term and long-term views regarding market opportunities. As director of alternative research, he continues to oversee the firm’s efforts in the alternatives arena, including private equity, real estate, funds of hedge funds and commodities. In this capacity, he engages in due diligence on managers, evaluates market opportunities and makes recommendations to clients.
Previously, as director of the firm’s research department, Decker managed and coordinated activities across the various asset class teams, ensuring consistency in the firm’s investment manager due diligence process, market evaluation and manager search process. He joined Evaluation Associates in 1993 as an analyst, covering alternative strategies for Evaluation Associates Capital Markets, and subsequently joined the consulting practice in 1997.
Decker earned a BA from Vassar College, majoring in physics and economics, and an MBA in finance and international business from New York University’s Stern School of Business.
Frank J. Husic, who formed Husic Capital Management in June 1986, has 34 years of industry experience. As managing partner and chief investment officer, he oversees all investment activities for the firm. He is the chairman of the executive committee and of the portfolio strategy committee.
Previously, Husic was senior vice president and director of Alliance Capital Management. He was also president and portfolio manager of the Alliance Technology Fund and the Alliance International Technology Fund. Over the years, he has made frequent appearances on CNBC, CNN and Bloomberg.
Husic earned a BS in mathematics from Youngstown State University, an MS in industrial administration from Carnegie-Mellon University and an MA in economics from the University of Pennsylvania.
Commander Jerry D. Davis is the chairman of the Board of Trustees of the New Orleans Employees’ Retirement System. First elected to this five-member board in 1986, as the employee representative, he is now in his seventh term. He was elected chairman of the Board in 1994, after serving as chairman of the Investment Committee for seven years, during which time the fund progressed from a fixed-income-only allocation to a balanced mix of asset classes. During his unprecedented tenure, the fund has grown from $94 million to $410 million, while providing generous pensions and allowing for the lowest employer cost ratio in the state.
Davis pursued a dual career in military service and civilian government for more than 40 years before retiring from the Coast Guard in 2002. During that career, he alternated between reserve and active service, being called to active duty six times. He was selected three times to command Coast Guard forces, and served for several years on the staff of the Commandant and/or the District Commander. He earned 11 decorations and was promoted through 13 ranks, finally serving as a port operations chief during Operation Desert Storm.
He subsequently retired from City of New Orleans employment in May 2006, where his last post was personnel administrator, responsible for all training and performance evaluation for the city’s 8,000-member workforce. He continues voluntary service in two roles; in addition to his trustee responsibility, the City Council in 2005 appointed him to represent city employees as a member of the Civil Service Commission. His role there is both legislative and judicial, with responsibility for adopting changes to Civil Service Law as well as adjudicating employee appeals of wrongful discipline.
A 1970 graduate of Tulane University, Davis has addressed more than 160 audiences in seven countries on issues as varied as fund management, securities litigation and military logistics.
Kermit Sean Claytor, the founder and principal of Kings Mountain Capital Group LLC, has been working with individuals, families, private trusts, funds of funds and institutional clients concerning hedge fund investments and wealth preservation since 1993. In this capacity, he performed initial screening of prospective managers, conducted various due diligence efforts, and made regular asset allocation recommendations on both a consulting and discretionary basis. He has overseen the construction and management of diversified portfolios, as well as sector-specific portfolios in biotechnology, healthcare and asset-backed lending. During this time, he participated in hundreds of hedge fund transactions and developed off-shore equity strategies as North American director for Fund Advisors, London.
Claytor’s prior experience includes six years of analyzing global capital market activities and economic trends at Standard & Poor’s MMS International, where he served as a market analyst on the economic analysis staff in the San Francisco Bay Area and also as the managing editor for an international staff in the US, Europe and the Far East. Prior to joining S&P, he spent one year with the field operations department of Standard Pacific of Northern California, a major West Coast residential real estate development firm, where he directly supervised a staff of over 200 individuals. He began his professional experience with an internship at the Federal Reserve Bank of San Francisco.
Claytor is an alumnus of Santa Clara University, where he majored in economics.
Stan Kowalewski serves as managing director and is responsible for the entire Fund of Funds Group at Columbia Partners Investment Management, overseeing portfolio management, research and asset allocation in this area. Columbia Partners was formed in 1995 and has more than $2 billion in assets under management.
Prior to joining Columbia Partners in 2005, Kowalewski served as a managing director at Global Asset Alternatives LLC from 2004 to 2005 after he sold his company, Phoenix Advisers Inc, to Global Asset in early 2004. From 1995 to 2004, he was chief executive and chief investment officer of Phoenix Advisers Inc in Greensboro, North Carolina. He began his hedge fund career as an investment analyst for Waterfront International, a division of Trout Trading Co in Toronto.
Kowalewski holds a BA from Dartmouth College.
Michael J. LeVar is the director of hedge funds responsible for due diligence and portfolio construction for Hammond Associates, the St. Louis based institutional investment consultant with approximately $30 billion in assets under advisement.
LeVar's professional experience includes serving as chief investment officer for Horton Investment Services Inc and portfolio manager for Mansur Capital Corp. He has managed equity long/short strategies, a small cap fund, managed futures hedge funds and portable alpha
strategies, and has managed multiple funds of hedge funds of various structures. He has taught the due diligence portion of the Certified Hedge Fund Specialist Accreditation Course.
LeVar received an MS degree in mathematics from Michigan State University and graduated cum laude from Quincy College with a BS in mathematics. He has received the Chartered Financial Analyst designation, and is a member of the CFA Institute and the Chicago Investment Analyst Society.
Matt Meehan, a managing director of Eos Partners and the portfolio manager for the Eos Credit Funds, has more than 20 years of experience investing in distressed securities and turnaround buyouts. He joined Eos Partners in March 2002 from EagleRock Capital, a New York-based distressed investment firm.
From 1993 to 2000, Meehan was one of the founding partners of Stolberg, Meehan & Scano, a distressed/turnaround private equity firm, which continued the investment program that had been implemented at Weiss, Peck & Greer, where he was a partner in the private equity group between 1988 and 1993. From 1987 to 1988, he was a principal at a crisis management firm. In 1986, he worked at First Boston, where he invested in distressed debt, and between 1982 and 1986, he was an equity research analyst following technology stocks Salomon Brothers.
Meehan graduated from Amherst College in 1979, and earned an MBA from Wharton in 1983.
Paul Von Steenburg has eight years of experience working with pension plan clients in investment consulting and portfolio trading. As a Wilshire consultant, he works directly with both public and corporate pension plans as well as endowment and foundation clients. He advises clients in all areas of investments including asset allocation, investment structure, manager selection and monitoring, and performance evaluation. He is also the chair of Wilshire’s Hedge Fund Committee, which is responsible for overseeing fund-of-hedge-funds and multistrategy hedge fund research.
Prior to his consulting experience, Von Steenburg worked for Waddell & Reed Asset Management in the equity research group, where he was responsible for analyzing the IT services industry. Before that, he worked for Instinet Corp as manager of global correspondent trading. He was responsible for maintaining the firm’s trading relationships with broker/dealers and investment managers trading non-US equities.
Von Steenburg holds an MBA from Cornell University and a BS from Rutgers University. He also is a Chartered Financial Analyst and Chartered Alternative Investment Analyst.
David Ben-Ur is responsible for research and portfolio management for Corbin Capital Partners, with a focus on equity strategies. Prior to joining the firm in March 2004, Ben-Ur worked at Goldman, Sachs & Co, where he was vice president, senior investment strategist and the senior leader responsible for US equity investments for the company’s $14 billion manager-of-managers business. Before that, he worked at Fidelity Management & Research as a senior fund analyst and assistant investment strategist at Fidelity’s fund-of-funds unit.
Ben-Ur graduated magna cum laude from Tufts University with a BA in Spanish literature and comparative religion and was inducted into the Phi Beta Kappa National Honor Society. He received a master’s in public policy from the John F. Kennedy School of Government at Harvard University and was awarded the CFA charter in 1998. He is the co-author of "An Asset-Management Approach to Manager Selection," a chapter in Modern Investment Management: An Equilibrium Approach, by Bob Litterman of Goldman Sachs Asset Management (John Wiley & Sons, 2003).
Karen Finerman has been President of Metropolitan Capital Advisors Inc since June 1992. Before that, she was the director of research for the risk arbitrage department at Donaldson, Lufkin & Jenrette. Prior to joining DLJ in 1990, she held a similar position with Metropolitan Capital Holdings Inc, where she worked with Jeffrey E. Schwarz.
Finerman received a BS in economics, with a concentration in finance, from the University of Pennsylvania’s Wharton School.
Sandra L. Manzke is founder and chief executive of Maxam Capital, an SEC-registered investment advisor that provides investment services in both the alternative and long-only management mandates. At present, Maxam has $2 billion in assets under management.
Prior to founding Maxam in July 2005, Manzke was the founder and chief executive of Tremont Partners, which managed in excess of $10 billion at the time of her departure. While she was at Tremont, the firm became one of the first consulting firms to give advice on hedge funds and made its first investment in 1985. Manzke was instrumental in the purchase of the Tass hedge fund database and later the CSFB Tremont indices. She also spearheaded the firm's offshore insurance company and insurance products. And she initiated the firm’s commitment to women and minority managers, which is also a major part of Maxam’s focus.
Before forming Tremont, Manzke was a partner of Rogers, Casey and Barksdale, a pension consulting firm.
Eric Talley is a leading authority on corporate law, and law and economics. In addition to teaching corporate law, he serves as faculty co-director of Boalt's Berkeley Center for Law, Business and the Economy. He joined the faculty in 2006.
Talley was previously at University of Southern California Law School from 1995 to 2006. He held the Theodore and Ivadelle Johnson Chair in Law and Business in 2005, having become a full professor in 2000. He led two of the law school's respected research centers, and was director both at the USC Center in Law, Economics and Organization and the USC/Caltech Olin Center for the Study of Law and Rational Choice from 2002 to 2004. He has also taught both law and economics classes at Georgetown Law Center, the California Institute of Technology, the RAND Graduate School and Stanford University. As well, he has served as senior economist at the RAND Corp's Institute for Civil Justice. He speaks frequently in front of corporate boards and professional associations, and has been a regular business law commentator on the national radio program "Marketplace."
Among Talley's notable recent publications are: “On Public versus Private Provision of Corporate Law” (with Hadfield) in the Journal of Law Economics & Organization (2006); “Unregulable Defenses and the Perils of Stockholder Choice” (with Arlen) in the University of Pennsylvania Law Review (2003; named one of the 10 best corporate and securities articles of the year by Corporate Practice Commentator); “Turning Servile Opportunities to Gold: A Strategic Analysis of the Corporate Opportunities Doctrine” in the Yale Law Journal (1998; also named as one of the 10 best corporate and securities articles of the year by Corporate Practice Commentator); “Endowment Effects Within Corporate Agency Relationships” (with Arlen and Spitzer) in the Journal of Legal Studies (2001); and “A Theory of Legal Presumptions” (with Bernardo and Welch) in the Journal of Law, Economics and Organization (2000).
Talley holds a BA from the University of California, San Diego, a JD from Stanford University and a PhD in economics, also from Stanford University.
Charles Krusen, who has more than 30 years of experience in financial markets, is chief investment officer of Krusen Family Partnership, a Tampa-based family office. In addition, he is managing partner of KGV LLC, a New York-based financial services firm that structures financial solutions designed to address market inefficiencies. In 2005, KGV formed Copernicus International, a joint venture to strategically develop 130/30 products.
Krusen was previously executive director in the derivatives product group of Fimat USA (a subsidiary of Société Générale), and he pioneered institutional investing in financial futures and options with the arbitrage group of Citigroup Capital Markets. He serves on the board of directors of Delta Rangers Inc, a financial services firm that was an early developer of the real estate derivatives marketplace.
Krusen is an honors graduate of Harvard College.
Milbrey “Casey” Jones serves as a Trustee on the $1.4 billion Marin County Retirement System, where he chairs the Investment Committee. He is a member of the State Association of County Retirement Systems, and currently the immediate past president and chair of the nominating committee. SACRS has 20 counties as members and some $95 billion in pension fund assets, all located in the State of California.
Jones is a partner of Salus Capital Management, an investment firm that specializes in a long/short market neutral strategy. Prior to joining Salus, he was a vice president in charge of marketing and client servicing for Alliance Capital Management. He joined Alliance through the 1993 merger with Equitable Capital Management. Before that, he spent six years as a senior vice president and director of marketing for Siebel Capital Management, specializing in Taft-Hartley and public fund pension fund assets. In 1979, Jones started his career as head of marketing and senior vice president of McMorgan & Co, a firm that specializes in managing the assets of Taft-Hartley pension plans.
Jones received a BS in industrial management from San Jose State University, where he was the recipient of the Wall Street Journal Award his senior year. He completed courses in advanced money management at the Wharton School, University of Pennsylvania. He also served in the US Military.
Christopher G. Luck is First Quadrant’s partner in charge of the firm’s global equity strategies. Prior to joining First Quadrant in 1995, he spent eight years at BARRA, a Berkeley-based provider of risk management solutions. He has published numerous articles in professional journals on topics including socially responsible investing, international diversification, style management and tax efficient investing.
Luck earned a bachelor's degree in economics, summa cum laude, from College of the Holy Cross in Worcester, Massachusetts. He received an MBA, emphasis finance, from the University of California, Berkeley, in 1988. He became a CFA charterholder in 1994, and currently instructs the CFA review course for Los Angeles Society of Financial Analysts.
John Rogers, a managing director at Arden Asset Management, is responsible for product development, structured products, global business development and strategic planning.
Prior to joining Arden, he was a managing director at Ivy Asset Management Corp, where he headed Ivy’s investment products group and was a member of the firm’s global risk committee. Before that, he was a partner at a Texas-based private equity firm, an investment banker at Goldman Sachs and Merrill Lynch, and a senior corporate finance officer for a Texas-based family corporation. He began his career at Davis Polk & Wardwell, specializing in corporate finance and tax law.
Rogers is an honors graduate of the University of Pennsylvania Law School and the University of Vermont (high honors).
Florian Weber serves in a manager research role within Wilshire Funds Management. He holds an MBA with a concentration in finance from the University of Hawaii at Manoa and a BA in economics from the University of California, Santa Cruz. He is currently a Level II candidate for the Chartered Financial Analyst designation.
Robert A. Weigand is professor of finance and holder of the Brenneman Professorship in Business Strategy at Washburn University in Topeka. Previously he served on the faculties of Texas A&M University, the University of Colorado and the University of South Florida.
Weigand’s recent notable publications include "The Market P/E Ratio, Earnings Trends and Stock Return Forecasts," forthcoming in the Journal of Portfolio Management, and "Compression and Expansion of the Market P/E Ratio — The Fed Model Explained," forthcoming in the Journal of Investing. His management experience is in the resort hotel/country club industry. He is an active public speaker and offers consulting services and educational seminars for corporations and private clients.
Weigand holds a BS and a PhD from the University of Arizona.
As the director of hedge fund strategies at Mellon Capital, Eric Goodbar is responsible for the firm’s hedge fund product development and strategy. He has more than 22 years of alternative investment and finance experience with substantial expertise in financial modeling, including advanced portfolio optimization and risk management. He previously held senior level positions at leading alternative investment firms in research and management of hedge funds of funds. In addition, he worked for more 10 years on the trading desk of a large Chicago derivatives trading firm.
Goodbar received an MBA from the University of Chicago. He is a former adjunct faculty member at the Illinois Institute of Technology at the Stuart School of Business. His extensive investment research expertise includes contributions to The Handbook of Managed Futures and numerous conference appearances
Andrew A. Bogan co-founded Bogan Associates LLC and is co-manager of both the Bogan Science Fund LP and the new Bogan Infrastructure Fund LP. His background is in scientific research and early-stage venture capital investing in biotechnology. He is responsible for the Bogan Science Fund’s bioscience investments. He also manages global investments in science, technology and infrastructure in more than a dozen countries, especially in Asia where he previously lived in both Korea and Japan.
Prior to starting the Bogan Science Fund, Bogan was a venture partner at Tallwood Venture Capital in Palo Alto, California, where he developed and implemented Tallwood's bioscience investment strategy from late 2000 to 2003. Before entering asset management, he spent more than six years doing scientific research at Princeton University, Genentech, University of California, San Francisco and Sankyo (now Daiichi-Sankyo), which led to the publication of half a dozen papers in peer-reviewed scientific journals.
Bogan holds an AB in molecular biology and a Certificate in materials science and engineering from Princeton University. He earned a doctorate in biophysics from the University of California, San Francisco, where he was a US Department of Defense Graduate Fellow. He has passed the Series 65 Exam.
William E. Grayson is the president of EGM Capital LLC, an SEC-registered investment advisor and hedge fund management company. He is responsible for the day-to-day management of the firm, and also serves as its chief compliance officer. Prior to joining EGM, he was a vice president of JP Morgan in San Francisco, where he serviced the investment needs of corporations, hedge funds, venture capital firms, endowments/foundations and family offices. Before that, he was a vice president of Montgomery Securities (the predecessor to Banc of America Securities), where he performed similar duties.
Grayson also practiced law for 10 years in corporate, private practice and government settings. He was the chief legal officer of a global food and vitamin company in Los Angeles and a litigator in a San Francisco law firm, and he served as the Principal Deputy General Counsel of the Army in Washington DC during the first Bush administration. While in the Pentagon, he had oversight of the Army’s 2,700 civilian and military lawyers worldwide and focused on regulatory law, mergers and acquisitions, litigation and defense contracting issues. For his service, he was awarded the Outstanding Civilian Service Medal by the Secretary of the Army.
Grayson graduated from St. Ignatius College Preparatory, and received his BA from the University of California, Santa Barbara, and his law degree from the University of San Francisco. His clerkships include the California Court of Appeals, the United States Attorney’s Office, the General Counsel of the Navy’s Office in Washington DC and the District Attorney’s Office.
Christopher R. Zellner is a director of global markets financing and services, part of the Global Markets and Investment Banking Division of Merrill Lynch. He joined Merrill in 2002 from Lehman Brothers where he sold equity derivatives and prime brokerage. Prior to his move to Lehman, he spent six years at Morgan Stanley, working in equity capital markets and Morgan’s prime broker group. He also previously worked for The New York Stock Exchange and Chase Manhattan Bank.
Zellner has a BS/MBA from the New York University Leonard N. Stern School of Business.
John Shearman started his career in finance, working in market risk at BNP Paribas in London. He then went to work for Goldman Sachs in its pan-European equity department. In 2003, he moved to Albourne, where he currently serves as a senior consultant in the client service group. Albourne is a privately owned, dedicated hedge fund consultant with offices in Europe, Asia and North America.
In addition to working with clients, Shearman has been responsible for expanding a number of the firm's due diligence services. Most recently, he has been working on a new fraud profiling due diligence methodology designed to minimize the probability of investing in a fraudulent hedge fund.
Shearman has a degree in American politics from the University of Sussex and a masters degree in computing science from Birkbeck College (University of London). He is a Chartered Alternative Investment Analyst.
Julia Cormier is director of alternative investments for Russell Investment Group’s US institutional investor services. She is responsible for advancing Russell’s objectives in alternative investments by providing clients with advice and solutions regarding exposure to hedge funds, private equity and real estate.
Prior to joining Russell in 2005, Cormier was an executive director at Goldman Sachs in London for 10 years, most recently as a senior investment professional providing advice to institutional investors, charities, foundations, endowments and ultra-high-net-worth individuals regarding portfolio construction, asset allocation and risk management across alternative and traditional asset classes. She joined Goldman Sachs in 1993 and implemented the private wealth management division’s first discretionary investment management program worldwide. Before Goldman, she was a vice president at Northern Trust Co in both London and Chicago, during which she had a number of significant client relationship and business development roles. She was a member of the management committee of Northern Trust’s London Branch.
Cormier received a BS in finance from the University of Illinois at Champaign-Urbana in 1983, and an MM in marketing/finance/international business from Kellogg Graduate School of Management, Northwestern University in 1987. She is a Licensed Registered Representative, NASD Series 8, 7, 3, 63 and 66. And she is a member of 100 Women in Hedge Funds.
Kathleen Hamm is a managing director at Promontory Financial Group, where she heads the Securities Practice Group and specializes in securities and corporate regulatory, compliance and enforcement issues. She has extensive experience designing, evaluating, and managing regulatory, surveillance, and compliance systems and programs. She also specializes in conducting internal fact-finding investigations, assessing corporate governance structures, and providing regulatory analysis and advice on new technology and strategic relationships.
Before joining Promontory, Hamm was the senior vice president of regulation and compliance of a new electronic trading market for security futures products, Nasdaq Liffe Markets LLC, which was initially jointly owned by The NASDAQ Stock Market Inc and the London International Financial Futures and Options Exchange (LIFFE). Earlier, she practiced law with the Palo Alto, California law firm of Wilson, Sonsini, Goodrich & Rosati, where she specialized in securities regulatory and enforcement matters.
Before entering private practice, Hamm spent almost 10 years with the US Securities and Exchange Commission. As an assistant director in the SEC Division of Enforcement, she managed and coordinated all aspects of three enforcement branches, which investigated potential violations of the federal securities laws. She conducted, supervised, and managed activities including matters involving broker-dealer and investment adviser misconduct, financial and accounting fraud, auditor independence, breaches of fiduciary duty and conflicts of interest, insider trading, market manipulation and municipal securities matters. Among many other matters, she supervised the SEC's industrywide yield-burning investigation, which recovered $170 million in settlements with 21 securities firms and was coordinated with the Department of Treasury, the Department of Justice, the US Attorneys' Office for the Southern District of New York, the Internal Revenue Service and NASD.
Hamm graduated first in her class from the Georgetown University Law Center with a Masters of Law in securities regulation, and earned her law degree with honors from Duke University. She received her undergraduate degree, summa cum laude, in business administration and accounting from the State University of New York at Buffalo.
Kevin O’Donnell is a member of the investments team at California State Automobile Association in San Francisco, where his responsibilities include managing the organization's hedge fund and private equity programs.
CSAA is the AAA Member organization for Northern California, Nevada and Utah. With more than 6,000 employees, CSAA provides its 4 million members with a wide range of products and services in four major lines of business: insurance, travel, membership and auto services. Aggregate insurance and defined benefit pension investment assets exceed $5 billion. These assets are invested in a diversified range of asset classes, including equities, fixed income, real estate, private equity and absolute return strategies.
O’Donnell has 13 years of experience in institutional investments and corporate finance, including institutional consulting at Wilshire Associates and investment banking at JP Morgan and Hambrecht & Quist. At Wilshire, he founded and grew the firm's hedge fund research and consulting practice.
O’Donnell earned a BA in economics from Queen's University, and an MBA from Harvard Business School. He is also a CFA Charterholder and a Certified Public Accountant.
Kenneth S. Springer, a certified fraud examiner, is president and founder of Corporate Resolutions Inc. A former special agent of the Federal Bureau of Investigations, Springer has conducted business-related investigations and intelligence gathering for more than 30 years. He is a recognized expert on state-of-the-art data retrieval technology. Prior to founding CRI in 1991, he was president of Bishops Services, an investigative firm in New York City.
Springer is an active member of the society of Former Special Agents of the Federal Bureau of Investigations, The Association of Certified Fraud Examiners, The Securities Industry Association-Compliance & Legal Division, the Association for Corporate Growth, the Association for Independent Private Sector Inspectors General, Turnaround Management Association, The American Society for Industrial Security, the Managed Funds Association and numerous international investigative associations. He is also a frequent speaker and lecturer on due diligence and corporate investigations topics pertaining to the private equity community, underwriters, lenders and others.
Springer received a BS in finance from Siena College in 1975.
Thao H. Ngo, a member of the Private Equity Group at Reed Smith LLP, has a corporate, securities and investment management practice. He has assisted clients in the development and registration of new investment companies and alternative investment products, as well as the formation and registration of investment advisory firms.
Ngo has extensive experience counseling clients with respect to the formation and day-to-day operations of hedge funds, both domestic and offshore. He has counseled clients with respect to CFTC rules relating to CPO and CTA registration, and the formation of commodity pools. He has also provided counsel to mutual fund boards, federal and state registered investment advisers, and broker-dealers. He is a frequent speaker on hedge fund and investment advisory legal issues. Prior to entering into private practice, he worked at the Securities and Exchange Commission and the Pacific Exchange Inc.
Ngo received his BA in finance from the University of Texas at Austin and received both his MBA and his JD from the University of San Francisco.
Cheryl Packwood joined the Bermuda International Business Association in October 2006. In Bermuda, she has held senior positions as general manager at Digicel Bermuda and also at the Bermuda Monetary Authority where she was general manager, corporate services and secretary to the board of directors as well as director, legal service, enforcement and international affairs.
Internationally, Packwood was managing director of CORA for Western Wireless International Corp and counsel and director of international development for N'Goan, Asman & Associes, both in Abidjan, Côte d'Ivoire. Prior to moving to the Côte d'Ivoire, she practiced law at Shearman & Sterling in New York and taught at the Martin Luther King, Jr. High School, also in New York.
Packwood received her BA degree, cum laude, from Yale University and a JD degree from Harvard Law School in 1987. She is fluent in both English and French and also speaks “fair” Spanish. In addition, she is internationally published, including as co-author of the United States Chapter of Handbook on Lawyers' Confidentiality.
Don Lam is co-founder and managing partner of the VinaCapital Group. He has overseen the company’s growth from manager of a single $10 million fund in 2003 into a full-featured investment house that manages three funds worth $800 million and offers a complete range of corporate finance and real estate advisory services. In the last year, Lam has brought two new funds to the market: the $205 million VinaLand fund, which invests in Vietnamese real estate assets; and the DFJ VinaCapital Fund, a venture capital technology fund managed in cooperation with Draper Fisher Jurvetson. He recently concluded a sixth round of fundraising for VinaCapital’s first fund, the Vietnam Opportunity Fund, attracting more than $300 million in subscriptions.
Before founding VinaCapital, Lam was partner at PricewaterhouseCoopers Vietnam, where he led the corporate finance and management consulting practices throughout the Indochina region (Vietnam, Laos and Cambodia). Among the transactions he directed while at PwC were equitizations by numerous state-owned enterprises, market entrance acquisitions by foreign companies, and the initiation of debt and equity placements for Vietnamese companies. He has also held management positions at Deutsche Bank and Coopers & Lybrand in Vietnam and Canada.
With more than 12 years of experience in Vietnam, Lam is an authority on investments, mergers and acquisitions, corporate restructuring and privatizations. He was featured as “Mr. Wall Street” in Fortune Magazine.
Lam holds a BA in commerce and political science from the University of Toronto, and is a member of the Institute of Chartered Accountants of Canada.
Steven M. Giordano is a partner in the securities area and a member of the Investment Management Practice Group at Bingham MCutchen LLP. His practice focuses on the formation of domestic and offshore private investment funds, including hedge funds, private equity, venture capital, real estate investment funds and funds of funds, from both a legal and tax perspective. He advises fund managers on a variety of issues, ranging from capital formations, regulatory compliance and internal governance to the structuring and negotiating of portfolio investment transactions.
Giordano has experience on matters relating to management company structuring, employment agreements, joint ventures, seed capital arrangements, soft dollars, blue sky filings, and issues involving regulatory compliance. He also has extensive experience in corporate and financial transactions with an emphasis on tax-free and taxable mergers, acquisitions and reorganizations for both public and private companies, joint ventures and technology licensing, and executive compensation planning.
Prior to joining Bingham McCutchen from another Boston law firm, Giordano was portfolio counsel for Atlas Venture, an international venture capital firm. In addition, he is a certified public accountant who practiced with Pricewaterhouse in Chicago prior to attending law school.
Giordano received a BS, cum laude, from Boston College in 1993, and a JD, magna cum laude, in 1997 and an LLM in taxation in 2001 from Boston University School of Law. He has been admitted to practice in Massachusetts and is a certified public account in Illinois.
Jeffrey R. Cagnina is president of Hunt Financial Ventures LP and managing director of HFV Asset Management LP, an SEC-registered investment advisor founded in 1999. HFV provides emerging and established hedge fund managers with a complete suite of services, including back office administration, global capital raising, legal expertise, risk management, seed capital and strategic business advice. HFV and its hedge fund partners manage in excess of $1.1 billion.
Cagnina’s responsibilities include developing and implementing HFV’s strategic initiatives, identifying and assessing potential hedge fund investment opportunities and negotiating their affiliation agreements with HFV and overseeing business development and client service. He also serves on HFV’s investment committee.
Prior to HFV, he served as managing director for US institutional sales for New York-based Optima Fund Management. Before that, he was senior vice president of institutional management for Putnam Investments and vice president for Independence Investment Associates, both in Boston. He began his career at Lehman Brothers in Boston.
Cagnina is a Chartered Financial Analyst and a member of the CFA Society of Dallas/Fort Worth and the Boston Security Analyst’s Society. He earned a BS degree in finance from Babson College.
Simon Irish is the head of Man Global Strategies' New York office and is a member of its management and investment committees. Man Global Strategies was founded in 1994 with the aim to identify, seed, support and develop new hedge fund businesses using the strategic resources of Man Group Plc to provide high quality investment capacity for these products. MGS oversees $17 billion of client capital, and seeds 15 to 20 deals a year across the US, Asian and Europe.
Irish’s prime responsibility is the origination in North American of strategic investment opportunities and the subsequent due diligence process. He joined Man Global Strategies in 2002 following three years at a large fund of funds, where he was the director of the US subsidiary and portfolio manager for US portfolios. He was previously employed by Credit Suisse Financial Products as a derivatives quantitative analyst, structurer and trader.
Irish holds an MA in natural sciences from Cambridge University and an MSc in finance from London Business School, and is a qualified chartered accountant.
Kalpesh Kapadia is the founder and chief investment officer of Indusino Capital Management, which applies bottom-up stock picking to growth sectors, primarily in the economies of India, China, Southeast Asia and the US.
Prior to establishing Indusino Capital, Kapadia worked for CE Unterberg, Towbin, where he was most recently a member of the firm’s operating committee and director of research. He joined CEUT in 1999, and was responsible for building the firm's research franchise. Before that, he worked at Bear Stearns and Robertson Stephens. In recent years, Kapadia has built an extensive network in the technology supply chain in Asia with his quarterly trips to the region. In 2004, he was ranked "#1 stock picker" across all sectors in The Wall Street Journal’s "Best on the Street Survey." He is also rated among the top ranked analysts by other prestigious surveys, such as Institutional Investor, Forbes and Buy Side magazine.
Kapadia holds a BS in mechanical engineering from Bombay University, a masters in industrial engineering from New Jersey Institute of Technology and an MBA in finance and accounting from Carnegie Mellon University.
John Maltby joined DKR Capital in March 2000. Prior to that, he was president of Tanhurst Inc, the portfolio manager to AIG International Interest Arbitrage Fund. Before forming Tanhurst, from 1990 to 1994, Maltby worked as a proprietary trader in new issues and fixed income arbitrage at several firms. From 1975 to 1990, he was a bullion trader, fixed income portfolio manager and managing director at J. Aron/Goldman Sachs. He began his career on the London Metal Exchange in 1971.
DKR Capital Inc, which was established in 1992, has more than $3.7 billion in assets under management across 11 different programs. Current strategies include convertible arbitrage, event-driven, merger arbitrage, credit, long/short equity, hedged equity, managed futures, currency and multistrategy.
The firm’s talent sourcing process begins by identifying strategies it believes can deliver consistent alpha, are complementary to current platform strategies and represent scalable businesses. With the assistance of current traders, industry contacts and professional search firms, DKR identifies proficient and disciplined traders, each with a proven track record of achieving attractive returns on a consistent basis. Historically, DKR has hired one to three new managers a year and can review dozens of candidates annually.
Maltby graduated from the University of Ulster with a BA (Hons).
Steven Weddle has more than 25 years of experience in asset management and corporate finance. He joined ING Investment Management Americas in 2004 as a product specialist to develop ING’s alternatives platform, which includes fund of hedge funds, single strategy hedge funds, private equity and real estate. ING is a worldwide financial institution with more than $1.1 trillion of assets conducting business in some 65 countries.
Before joining ING, Weddle was a partner at Eccles Associates, where he managed corporate finance and private equity development in southern Africa with an emphasis on emerging growth companies, joint ventures, and mergers and acquisitions. From 1995 to 2001, he was president, chief executive and portfolio manager of the Southern African Enterprise Development Fund, an emerging market venture capital fund, where he succeeded in creating, structuring, negotiating and monitoring venture capital and private equity investments across a diversified range of industries and companies.
Weddle holds an MBA from the University of Wisconsin.
Sidney F. Hoots is head of equities at Third Wave Global Investors LLC, a registered investment advisor. He joined the firm from Merrill Lynch Investment Managers, where he served from 1999 to 2004.
In his role as managing director and chief investment officer for proprietary hedge funds at Merrill Lynch, Hoots was responsible for more than $1 billion of hedge fund assets as lead portfolio manager and risk manager for Merrill Lynch QA Equity Arbitrage, a multistrategy hedge fund, as well as for the Merrill Lynch QA Merger Arbitrage and Merrill Lynch QA Long-Short hedge funds. He also managed the Japanese convertible arbitrage book in Merrill Lynch QA Convertible Securities Arbitrage. Hoots was also head of quantitative equity research for Merrill Lynch Investment Managers, and was responsible for the design of a variety of investment products and processes including several enhanced index funds. From 1983 to 1999, he held a variety of positions at Bankers Trust, including hedge fund manager, portfolio manager and head of quantitative equity research.
Hoots holds an MBA in finance and economics from the University of Chicago where he was the recipient of the GTE Leadership Award. He earned a BS from Duke University, and graduated magna cum laude with distinction in mathematics.
Erik Postnieks founded Wooster Asset Management in April 2004. He developed Wooster’s investment process and acts as portfolio manager and principal trader for the firm’s funds, Portage Fund Ltd and Portage Partners LP.
The Portage funds seek to generate superior risk-adjusted returns by exploiting the forward rate bias in the most liquid (G-10) currency markets. Briefly, the forward rate bias theory holds that forward rates for many currencies do not accurately predict their future spot rates. In practice, this means that high interest rate currencies do not systematically decline in value relative to low interest rate currencies to the extent implied by their forward rates. Based upon this paradigm, the funds intend to maintain long positions in currency forwards of countries with relatively higher interest rates and short positions in currency forwards of countries with relatively lower interest rates, effectively creating a short-term interest rate arbitrage. Wooster Asset Management employs a systematic, proprietary trading discipline to position and rebalance the portfolio’s long and short positions in an effort to maximize returns, maintaining a constant risk target of 12.5% annualized standard deviation.
Postnieks has 14 years’ experience in investment management, including nine years managing his own systematically traded hedge funds. Prior to starting Wooster Asset Management, he was a derivatives portfolio manager at Bankers Trust, then founded Parametric Capital Management in 1997. PCM’s model-driven strategies were based on mutual fund arbitrage, commodity and currency futures, and equity statistical arbitrage.
Postnieks earned a BA in economics from Cornell University in 1988, and an MBA from The Amos Tuck School of Business Administration at Dartmouth College in 1993.
David Sherry co-founded Inflection Partners LLC in 2004. The firm invests in equity-related securities issued by technology, media and telecommunications companies. Long investments are typically approached from a growth at a reasonable price perspective. Short investments focus on flawed/broken businesses, pairs against longs and short-term catalysts.
Sherry has 15 years of investment management experience investing in telecommunications, media, and technology equities. After beginning his investment career as an analyst at Franklin Templeton in 1992, he was the lead manager of mutual funds at LGT Asset Management (formerly known as GT Capital) in the telecommunications, technology and infrastructure sectors and assistant manager on the flagship telecommunications fund from 1993 to 1997. From 1997 to 2000, at venture firm Partech International, Sherry managed the public portion of two crossover funds investing in small capitalization public and private companies. In 2000, he joined EGM Capital where he was a manager of the long-short EGM Communications and Technology Fund for more than three years.
Sherry holds an AB in economics from Princeton University (1986) and an MBA from the Anderson School of Management at UCLA (1992). He is a Chartered Financial Analyst.
Benjamin W. Shoval is managing director of Ambit Funding, an asset-backed lending hedge fund that specializes in underwriting and servicing short-term real estate-backed commercial bridge loans to real estate developers. His experience on the investments side of the financial services industry has been particularly valuable in his new capacity. Most recently, he spent a half decade creating and managing three funds of funds that capitalized on the stability and performance of hedge funds during a challenging industry cycle. Prior to that venture, he founded, operated and successfully sold a computer training firm to a regional accounting and consulting firm.
Shoval is a graduate of the Wharton School at the University of Pennsylvania.
Kevin Wyman is the co-founder and portfolio manager of Southpaw Asset Management, an SEC-registered investment advisor founded in 2005. Southpaw is an event-driven/special situations hedge fund that provides investors with a diversified portfolio of securities uncorrelated to interest rates, credit spreads, equity markets and other macroeconomic factors.
Prior to founding Southpaw, Wyman was a managing director at Ramius Capital Group for five years. From 1996 to 2000, he served as a senior vice president at Donaldson, Lufkin & Jenrette in the firm’s high yield group, where he was responsible for trading stressed and distressed bank debt. And from 1994 to 1996, he was a managing director of MJ Whitman Senior Debt Corp, an investment management firm, where he specialized in research and trading of distressed public and private securities.
Wyman received a BA in economics from Brown University and a JD from the University of Wisconsin – Madison.
Jeff Campbell, who joined Fiderion Financial Services Group in 2005, specializes in recruiting information technology professionals for financial services companies. Most recently, he was a principal at Heidrick & Struggles, where he served hedge fund, asset management and investment banking clients. He also worked as an in-house technology recruiter at Citadel Investment Group in Chicago, and was the London-based director of strategic sourcing for iXL. He began his executive search career as a senior associate at Korn/Ferry International.
Campbell earned a bachelor’s degree at Georgia State University. He is certified in Benchmarks® by the Center of Creative Leadership.
George Graziadei joined Ricks & Ray Partners LLC in 2006. There he specializes in recruiting senior level talent in trading and research across all asset classes, including equities, energy trading, fixed income, statistical arbitrage and other quantitative strategies. Prior to joining Ricks & Ray, he spent two years as vice president of recruiting at Citadel Investment Group, where he led the front office recruiting effort for several strategies. Graziadei previously led global executive recruiting at First Data/Western Union Corp in Denver. He began his career as a principal at Korn/Ferry International and as an associate director of recruiting at Internet Capital Group.
Graziadei earned a BA from Northwestern University and a JD from Marquette University School of Law.
Michael B. Klein is chief investment officer of Pacificor LLC, a registered investment advisor that manages several hedge funds focused on high yield debt. Pacificor’s investors are high-net-worth individuals and institutions.
Klein founded MIBEK Corp in 1989, a developer of financial analysis and modeling software that was acquired in 1992. He then founded Transoft Networks, a leading supplier of storage area networking software, which was acquired by Hewlett Packard in May 1999. Later that same year, Klein became the president and chief executive of eGroups Inc, the world’s largest group email communication service with over 25 million active customers. In August 2000, Yahoo! acquired eGroups for $450 million. eGroups is now known as Yahoo! Groups and serves over 50 million users globally.
Klein graduated from the University of California, Santa Barbara in 1988 at the age of 17. He later earned an MBA at Pepperdine University and a law degree at the Santa Barbara College of Law.
Amy Margolis, who has 25 years of experience at Merrill Lynch, heads up the firm’s new initiative for its clients, the Talent & Human Resources Consulting practice.
Margolis joined Merrill Lynch in 1981 to run campus recruiting and the firm’s entry-level training programs. Most recently, she spent six years as head of Global Equities Client HR Management, where she served as a valuable resource to the equities management team. She also played an instrumental role in further developing the Global Markets & Investment Banking Group Lateral Recruiting program.
Margolis has been a senior advisor to many GMI executives throughout her career, and will apply her talent and experience on behalf of the firm’s clients.
Dennis Chu is a managing director and hedge fund specialist of Cambridge Associates, which he joined in 2000. He provides hedge fund advisory services to some 20 private and institutional clients, representing more than $10 billion in hedge fund assets. His responsibilities include the design, implementation and oversight of custom hedge fund portfolios as well as the identification and evaluation of new and established hedge funds.
Prior to joining Cambridge Associates, Chu analyzed merger and acquisition transactions and special situations at Paulson & Co’s event arbitrage fund. Before that, he worked on mergers and acquisitions, public offerings and strategic alliance transactions at Salomon Smith Barney’s corporate finance department. He has also served in Barclays de Zoete’s US Treasury bond trading desk, Hambrecht & Quist’s Asia Pacific venture capital group and Goldman Sachs’s real estate and mortgage-backed securities departments.
Chu holds a BS in electrical engineering from Stanford University and an MBA from the Stanford Graduate School of Business.
Sam DeRosa-Farag is president of Ore Hill Partners LLC, where he is primarily responsible for business development strategies, including structured products. He has more than 20 years of experience as a strategist in the leveraged finance market.
Prior to joining Ore Hill, DeRosa-Farag was a managing director at Credit Suisse, in charge of the firm’s global leveraged finance strategy and portfolio products group, and served as its chief global leveraged finance strategist. He joined Credit Suisse from Donaldson, Lufkin & Jenrette, which Credit Suisse acquired in November 2000, where he was a managing director and head of fixed income research. Prior to joining DLJ in 1997, he was head of high yield portfolio and strategic research at Chase Securities. He also developed and managed the high yield quantitative and portfolio strategies group at CS First Boston, where he was employed for nine years. DeRosa-Farag is a member of Institutional Investor’s All-American Fixed Income Research Team, ranked for strategy and economics from 1993 through last year.
A native of Egypt, DeRosa-Farag received an MS in computer science from Boston University and a BS in physics from Cairo University.
Oscar M. Leal is a managing director, co-portfolio manager and member of the general partner of The 1794 Commodore Funds. The 1794 Commodore Funds are the fund-of-hedge-funds effort of York Capital Management (the $8.6 billion event-driven hedge fund founded by James G. Dinan in 1991) and William A.M. Burden & Co (the family office for certain descendants of "Commodore" Cornelius Vanderbilt). The firm’s approach is characterized by its commitment to invest in a limited number of hedge funds, large positions in extremely difficult-to-access managers, relationship-driven approach and focus on fundamentally driven strategies. The portfolio management team has two decades of combined hedge fund investment experience.
Prior to Commodore, Leal worked with Concord Management, where he made portfolio recommendations on more than $2 billion dollars of multimanager portfolios and conducted ongoing due diligence on positions in many of the industry’s premier, long-closed hedge funds. Previous roles included positions at Salomon Smith Barney and AT&T.
Leal received his BA in economics, magna cum laude and Phi Beta Kappa, from Hamilton College.
Daniel Solomon joined Drake Management in 2003 after a 10-year career at Goldman Sachs. He spent his first seven years at GS as a fixed income sales-trader, providing market overviews, credit and relative value analysis, and trade execution expertise to foundations and endowments, ultra-high-net-worth families and other institutional investors. Later he co-founded and led a private wealth management team, advising ultra-high-net-worth families on strategic investment issues such as asset allocation, portfolio construction and risk management, as well as personally managing fixed income and cash management portfolios for clients.
Solomon graduated from Princeton University magna cum laude in 1992 and earned his CFA charter in 1999.
Bradford J. Williams is currently the head of North American institutional relationships for Goldman Sachs Hedge Fund Strategies. Prior to joining Hedge Fund Strategies, he spent four years in the Private Equity Group as the head of US product management.
Williams graduated cum laude with a BA in politics from Princeton University. He received a JD and a MBA from Vanderbilt University. He is a member of the Oklahoma Bar Association and a Chartered Financial Analyst.
Timothy W. Cunningham is president and co-founder of Touchstone Group LLC, a financial services firm that raises institutional capital for alternative asset managers in the US, Canada, Europe and the Middle East. The firm has offices in Philadelphia, New York, Connecticut, Boston, San Francisco and Dubai. Touchstone principals have raised more than $2.5 billion in institutional capital.
Before starting Touchstone, Cunningham co-founded and served as president of an investment management firm that advised the first life-cycle mutual funds focused on retirement investing. Prior to that, he served as a investment consultant to institutional investors on approximately $450 million of assets allocated to alternative investments. Between 1984 and 1990, Cunningham co-founded and managed a group of venture capital funds headquartered in Philadelphia. He has also co-authored two books on retirement investing. Prior to 1984, he worked for a mining machinery manufacturer in a variety of positions ultimately managing the company’s Santiago, Chile-based subsidiary.
Cunningham holds a Masters of International Management (with honors) from the American Graduate School of International Management and a BA (magna cum laude with highest honors) from Williams College.
Vincent Barnouin is responsible for business development and marketing at Ecofin, and also supervises all of Ecofin's operation aspects. Prior to joining Ecofin in 2004, he served as head of the European Private Banking Services division of the Russell Investment Group (formerly the Frank Russell Co), based in London. Before joining Russell, he worked at Salomon Smith Barney, where he was deputy head of the firm’s equity business in Europe. He also worked for nine years at Goldman Sachs in London, where his last position was as head of European equity sales in Europe.
Barnouin, a French citizen, was graduated from HEC-ISA (France) with an MBA degree and from Paris Pantheon-Sorbonne University with a Master of Law degree.
Lynda Choi joined the University of California (Office of the Treasurer of The Regents) in January 2005. Before that, she worked for The California Endowment as an investment manager of alternatives. Choi has an AB from Bowdoin College and an MBA from The Amos Tuck School of Business at Dartmouth College.
As quantitative portfolio manager in the global equity unit for CalPERS, Ho Ho is responsible for research and development of internal active strategies for equity portfolios, hedge fund risk management, designs quantitative models for hedge fund risk attribution; manager monitoring; quantitative portfolio construction model development, and a team member of the CalPERS’ hedge fund program. He is also responsible for system and model validation of CalPERS’ enterprise-wide risk management system. Prior to joining CalPERS, Ho was derivative manager for Transamerica Life Insurance Co. He also worked for KPMG as manager of the structure finance consulting group.
Ho has an MBA in finance from the University of Chicago and a BA (Phi Beta Kappa) in economics from the University of California, Irvine.
Adam McNicol is a founding partner of Fintan Partners and oversees investor relations and business development. Fintan Partners is a concentrated absolute return fund of hedge funds that was established in May 2005 with a founding investment from Stanford University. It is very much a continuation of portfolio manager Alex Klikoff’s work at Stanford Management Co. At Fintan Partners, the portfolio is constructed to be nondirectional to the capital markets and low in volatility. It is concentrated across specialists in emerging markets, fixed income arbitrage, relative value trading, distressed securities, equity volatility, event-driven trading and capital structure arbitrage. Fintan actively collaborates with its managers to identify and create new investment vehicles.
McNicol has more than 11 years of investment management experience. He previously managed a large, investment advisory practice with Wells Fargo Private Client Services in Northern California. He is a member of the Investment Management Consultants Association and a Certified Investment Management Analyst.
McNicol received a BA degree from University College London in 1992.
Susan W. Moon joined Cambridge Associates in 1997. She specializes in constructing and overseeing marketable alternative asset portfolios for a variety of nonprofit institutions and private clients. Before joining Cambridge Associates, she was at Booz-Allen and Hamilton Inc, in the financial services consulting practice. She also held positions in the investment banking area at Manufacturers Hanover Limited, in the sales and trading area at Samuel Montague and Co Limited in London, and at Salomon Brothers Inc in New York.
Moon received an MPPM degree from the Yale School of Management and graduated from the University of Virginia.
Heiko Ebens is managing director and head of the Americas Equity Derivatives Strategy Group. In addition to options, futures and exchange-traded funds, the team focuses on synthetic hedge fund replication, structured products and solutions, indexation and capital structure arbitrage. Prior to joining Merrill Lynch, he worked within Morgan Stanley’s Institutional Equity Market Group from 2000 to 2002.
Ebens received a doctorate in econometrics from the Johns Hopkins University in 2000.
David S. Beckwith has served as chief investment officer of Rinet Company, a private client investment consulting firm, since June 2005. In that role, he manages a team of analysts; sets, communicates and implements top-down strategy across all asset classes and manages the due diligence effort; engages extensively in client service and business development; and with the chief executive and one other principal engages in overall strategic management of the firm
From April 2001 until he joined Rinet, Beckwith was managing director at Hale and Dorr Capital Management in Boston, a private client/foundation investment firm. Before that, from March 1997, he served as senior vice president and portfolio manager at Brown Brother Harriman & Co in Boston. Between March 1985 and January 1997, he worked at John Hancock Financial Services Inc in Boston, rising to vice president and portfolio manager, with a focus on global, international and Pacific region funds. He started his career in October 1981 as a financial analyst for Lloyds Bank International Plc in Boston.
Beckwith received a BA in history in 1979 from Trinity College in Hartford, Connecticut, and won the George Mead Prize in History in 1976. Between 1979 and 1981, studied international finance at the Fletcher School of Law and Diplomacy.
Scott Brusso is a director in the Chicago Mercantile Exchange foreign exchange division. He has worked in the FX area at the CME for more than 13 years. During that time, he has spearheaded numerous product launches, including Rolling Spot, Mexican Peso, Brazilian Real, Russian Ruble and Euro FX, the most successful of the CME products.
At the beginning of 2001, Brusso presented and implemented his business plan for trading CME foreign exchange on the CME Globex electronic trading platform.
Prior to CME, Brusso worked on foreign exchange desks at a number of banks and in the managed funds community.
Fernando X. Donayre is the chief investment officer and founder of INCA Investments LLC, which manages more than $200 million in hedged and long-biased mandates. It uses a bottom-up fundamental approach to make investments in Latin American companies that are benefiting from the economic improvements taking place in the region.
Prior to starting INCA, Donayre was employed by Zephyr Management LP from 1996 through 2003. At Zephyr, he was the sole portfolio manager for the Zephyr Latin America Fund from its inception in 1997. He continues to manage the investment strategy of the Zephyr Latin American Fund via INCA Investments’ subadvisory role. From 1994 through 1996, he served as director of research at Globalvest Management, which at the time was the largest Latin American specialty investment manager in the world. From 1988 through 1994, he was in charge of international and emerging market equity investments for the investments department of FPL Group.
A long-time student of the Latin American markets, Donayre has published a variety of articles on the subject including “Investing in Latin America: Good Idea, Bad Time?” in the Journal of Investments (Summer 1994) and “Latin America: History Repeats?” in Benefits and Pension Monitor (Summer 1995).
Donayre is a native of Peru, and also lived in Mexico for six years. He is a chartered financial analyst, a certified public accountant, and received an MBA in international business from the University of Florida.
Sandra Lawson’s work at Goldman Sachs focuses on long-term global trends such as the rise of the BRICs (Brazil, Russia, India and China) economies, globalization, capital markets development, demographics and trade. Since joining Goldman Sachs in 1997, she has worked as an equity strategist in Asia and as an economist in London and New York.
Lawson holds degrees from the Yale Law School and Dartmouth College.
Conor O’Driscoll is jointly responsible with Con Egan for investment management, portfolio composition and trading as well as strategic planning for Meldrum Asset Management. Since 1987, O’Driscoll has held a variety of leadership positions in the emerging markets business. That year, he started his career in LDC debt trading with First Interstate Bank in London, and moved to New York in 1988 to manage the bank’s New York LDC trading activities. In 1989, he was recruited to establish an emerging markets trading business for First Boston Corp in a joint venture with Metallgesellschaft, a German industrial and trading company.
In 1990, O’Driscoll and almost all the trading and support staff transferred to MG asset trading, which he joined as managing director. Subsequently, he was recruited by Standard Chartered Bank in 1994 to be responsible for its emerging market debt trading business, and was appointed to the board of its capital markets subsidiary in London. He was also responsible for Latin American Eurobond issuance, syndication and trading at Credit Lyonnais Securities USA Inc, where he held the position of managing director before being recruited in 1998 by Depfa USA Inc.
O’Driscoll holds a Bachelor of Commerce and a masters in business studies from University College Dublin.
Janine Baldridge was named to her role as director of US Institutional for Russell Investment Group in 2001. She is responsible for providing advice to large institutional funds on all aspects of their investment programs, including investment policy, asset allocation, asset class strategy, manager selection, implementation strategies and performance analysis. She is a senior investment professional to several large clients, leads Russell’s external fund-of-hedge-funds research effort and collaborates on nontraditional investment product research.
In 1988, Baldridge joined Russell’s consulting group as a senior consultant with responsibility for several of the firm’s major institutional clients. Her expertise has made her a key contributor to Russell’s investment research, governance, and fiduciary consulting capabilities. Baldridge came on board Russell in 1979 in the firm’s analytical services business, where she ultimately managed performance and analytical reporting for North American clients. Before joining Russell, she worked in corporate accounting at Weyerhaeuser Co in Tacoma.
Baldridge received a BA in finance from the University of Puget Sound in 1979, and became a CFA Charterholder in 1999. She is a member of the CFA Institute and the Seattle Society of Financial Analysts. In addition, she is the co-author of several research papers published by Russell; "The Fiduciary's Guide to Investment Management," "Index Swaps" and "Capturing Alpha Through Active Currency Overlay"; and she is author of "Roadmap for Fiduciary Risk Management."
Jeremy Evnine is chief executive of Evnine & Associates Inc, an SEC-registered investment advisory firm that has been engaged in quantitative strategies since 1992. From 1991 to 2003, he was also a partner in Iris Financial Engineering and Systems, a financial software firm specializing in providing high-end trading and risk systems to top-tier investment banks. He sold his interest in Iris in 2003.
From 1984 to 1990, Evnine served as senior vice president in charge of research at WFIA (now Barclays Global Investors). In this capacity, he worked with such people as Fischer Black and Myron Scholes, Bill Sharpe, and Michael Brennan and Eduardo Schwartz. From 1980 to 1984, he was a consultant at Barra, where he developed the firm’s option products.
Evnine earned his BSc in mathematics at Manchester University in England, his MSc in pure mathematics at the Hebrew University of Jerusalem and his PhD in operations research and finance at the University of California, Berkeley. He has taught courses in finance at UC Berkeley, published articles in the financial literature on option pricing and tactical asset allocation and lectured in the US and abroad.
Christopher F. Jackson is the president of SFG Asset Advisors, a San Francisco-based family office founded in 2002. Jackson had a long history of building and managing investment advisory firms in various market environments. From 1999 to 2002, he was a partner in, and the chief operating officer of, Barbary Coast Capital Management. In 1998, he helped co-found and develop Hoover Capital Management. Prior to that, he was instrumental in development and expansion Emerging Growth Management.
Jackson holds a BA degree in economics from Lehigh University.
Erinch R. Ozada, who founded Archery Capital in 1996, has more than 20 years of investment and financial experience, having worked in virtually every aspect of today’s modern capital markets, including sales, trading and advising family groups and institutional clients on asset allocation, portfolio and risk management. At present, he is responsible for managing the overall strategic exposure and asset allocation process for funds managed by Archery Capital.
Prior to founding Archery Capital, Ozada was a vice president in the private wealth management division of Goldman, Sachs & Co, which he joined in 1984. At Goldman Sachs, he advised clients on asset allocation and portfolio management. He managed discretionary accounts for select clients and advised high-net-worth individuals, family offices and institutions in Europe, Latin America, Asia and the Middle East.
Ozada received his undergraduate degree in economics and political science magna cum laude from Hamilton College and his MBA with Honors from Columbia University Graduate School of Business, where he concentrated on international finance.