Capital Introduction Showcase 2007


Capital Introduction Showcase







Burlington Capital Management Ltd. is an Ontario corporation which manages investment products geared to sophisticated investors. Headquartered in Burlington, Ontario, about 45 minutes west of Toronto on Lake Ontario, the company is run by Allan Brown and Geoff Barth.
The portfolio management team of Allan and Geoff have worked together for over 11 years. Both managers have managed a number of investment funds in a variety of asset classes and have each individually as well as jointly compiled strong track records of investment performance. Allan and Geoff at one time managed a combined $6 billion in assets, including the largest Science & Technology fund and one of the largest Canadian Equity funds in Canada. Allan and Geoff were also partners in a New York based hedge fund prior to forming Burlington Capital Management Ltd.
Burlington Capital Management Ltd's objective is to generate consistent absolute performance on an annual basis regardless of the market environment and to carefully preserve capital.
Allan P. Brown, CEO, Portfolio Manager
Allan Brown, along with Geoff Barth, co-founded Burlington Capital Management Ltd. in September 2004. Allan is a proven portfolio manager with 12 years of investment experience, including 9 years managing portfolios. Allan combines a background in economics and financial analysis with a number of years of equity research and portfolio management.
Prior to co-founding Burlington Capital Management, Allan co-founded Zinc Capital Management LLC; a New York based long/short equity hedge Fund. Allan was a Partner and Portfolio Manager at Zinc Capital which grew from inception to $129M in assets at its peak. At Zinc, Allan researched and traded a variety of sectors including Technology, Retail, Energy and Special Situations.
Prior to Zinc, Allan was Senior Vice President and Portfolio Manager at AIC Ltd., the 10th largest mutual fund company in Canada. At AIC Allan was co-manager of four sector series mutual funds focused on the Science & Technology sectors. Allan was responsible for the launch of three of these funds, and responsibility was assumed for the fourth on a manager change. The funds had combined assets of over $80 million.
Prior to AIC, Allan was a Partner and Portfolio Manager with Investors Group, Canada's largest mutual fund company. At Investors Group, Allan managed the Investors Summa fund, one of the largest Canadian Equity funds in the country. During his management tenure, the fund from $230M to over $3B in assets and achieved a Morningstar 5-star rating. Allan also launched and co-managed the Investors Global Science & Technology fund, which grew to become the country's largest technology fund with $2B in assets.
Allan is a Chartered Financial Analyst. Allan is also a graduate of the MBA program at McGill University in Montreal, Quebec, Canada, where he received the International Scholarship Foundation Entrance Scholarship. Allan is also a graduate of the University of Western Ontario, where he received an Honours Bachelor of Arts degree in Economics. At Western, Allan received both entrance and in-course scholarships based on academic excellence.
ETF Capital Management (ETFCM) was founded to offer an outstanding value proposition to investors. We blend traditional old world values and cutting edge modern thinking to offer the first truly comprehensive solution for global investing - the “Global Portfolio Solution Fund”.
Using Exchange Traded Funds and our PIC process - we bring the world of global investing to our clients. The greatest challenge facing a global fund is determining where in the world to be and when. How does one pick the best investments when there are far too many choices? How does one determine optimal entry and exit points around the world 24/7 when it is extremely challenging just to beat the domestic index? Can a single investment fund bring together equities, fixed income, commodities, and currencies without prohibitive cost and foreign current risk for investors?
A better global investment fund calls for a more robust navigational model. Probability Indicator Convergence (PIC), is our proprietary set of technology and processes developed by renown technical strategist, Larry Berman. We don’t PICK investments - they “PIC” themselves by standing out when multiple success factors align. This unique approach to probability metrics is designed to control risk and deliver absolute returns in any market condition. Our goal is to never stand still because a particular asset class, region, or investment style is out of favor; moving around the world seamlessly as required to produce consistent and positive returns.
We allocate capital cost-efficiently and exclusively by way of Exchange Traded Funds (ETF). This allows us to bring the best of the world to our clients in the form of a total global portfolio solution; while providing a favorable value to investors. We are confident in our ability to generate exceptional returns for clients, thus our performance fee is only calculated on returns in excess of our generous hurdle rate.
Larry Berman, Co-Founder of ETF Capital Management
Larry M. Berman is a Co-Founder of ETF Capital Management, and brings nearly twenty years of industry experience to the role of Chief Investment Officer. Larry has been consistently ranked as one of Canada’s “Top 3 Analysts” according to institutional investor surveys.
Larry began his career as a Toronto based investment advisor in 1989 and completed a technical internship in New York with the Market Technicians Association (MTA) in 1994, where he studied the techniques of many top Wall Street technicians. Prior to founding ETFCM, he was Chief Technical Strategist and Managing Director for CIBC World Markets since 1997. Larry was a senior technical analyst for Thomson IFR in Boston and senior technical analyst and trader for Marleau, Lemire Futures in Toronto.
Larry is a Chartered Market Technician (CMT), a Chartered Financial Analyst (CFA), and is a US registered Commodity Trading Advisor (CTA). Larry is the primary author of the textbook for the technical analysis course offered by the Canadian Securities Institute (CSI), which is the primary source of education for technical analysis in Canada. Larry is past President of the Canadian Society of Technical Analysts (CSTA), past Vice-Chairman (Americas) of the International Federation of Technical Analysts (IFTA), and is currently the Vice-President of the Market Technicians Association (MTA). Larry’s opinions frequently appear in the media, and he is a featured weekly on BNN’s (formerly RobTV) Berman’s Call.
Larry graduated from York University with a BA in Economics.
Founded in 1960 Formula Growth, a specialist in US equities, manages the Formula Growth Fund and the Formula Growth Hedge Fund for instituition and individual investors in Canada, the United States and overseas.
Mark Culver, Vice President, Business Development
Mark Culver is Vice President, Business Development of Formula Growth. From 1990-2004 he was a partner at CAI Capital, a private equity fund. Mark is a graduate of McGill and Concordia Universities.
Gentree Asset Management Inc., established in 2001, is an innovator in the development and management of unique alternative investment strategies. Our purpose is to increase the wealth of our high net-worth and institutional clients without adding additional portfolio risk. Our flagship fund is the Gentree Market Risk Reduction Strategy™ (MRRS) Fund which is a highly sophisticated index options and futures trading algorithm aimed at substantially increasing returns while reducing portfolio volatility. Our dedication to sound risk management provides ongoing portfolio stability from one generation to the next.
Normand Gauthier, Founder, President and CEO
Norm is a Certified and Registered Financial Planner and a Certified Hedge Fund Specialist with over 24 years of experience. Norm is highly regarded by his clients given his careful consideration to personalized investment advice. Norm launched Gentree in 2001 with the mission of developing new investment portfolio solutions to assist Canadian investors in protecting their assets while earning attractive returns. After 6 years of research and development, Gentree is now pleased to introduce its first offering, the Market Risk Reduction Strategy Fund (MRRS).
Goodwood Inc. (and the “Goodwood Fund”) was founded in October, 1996 with a value investment methodology that would be repeatable over time. Using a bottom-up, value-oriented, active and often event-driven approach to investing, our long stated objective (which is specifically outlined in all nine Annual Reports) to achieve above average performance is sustained by investing in companies below our estimate of their true, underlying worth.
Each day we use a fundamental and research-driven stock selection process. We are seeking to be long those companies that are financially healthy with profitable operations, possess redundant and/or unrecognized assets, are led by quality management, and which are trading below, in our estimate, their intrinsic values. Conversely, we seek to sell short companies with excessive market valuations relative to their true underlying value, companies that are financially vulnerable due to excessive debt, and/or have deteriorating fundamentals. Therefore, we advocate that the true character of the Goodwood Fund is that of a “concentrated value fund that can make short sales". This methodology has been the foundation for our growing success and strong past performance results.
While the Goodwood Funds actively invest in the North American equity markets, unitholders should expect a high exposure to Canada. Further, the Goodwood Funds are prohibited from utilizing futures and options, use little to no leverage and are valued both weekly and again at month-end.
J. Cameron MacDonald, President and Chief Executive Officer
Cam MacDonald joined Goodwood Inc. in September 2000. Prior to joining Goodwood Inc., Cam MacDonald was a Director, shareholder, and Principal of Connor Clark Private Trust since May of 1990. In April 1999, The Royal Bank of Canada purchased 100% of Connor Clark Private Trust. In May 1983, Cam MacDonald joined Wood Gundy as an Account Executive, thereafter becoming a Vice President of the firm. Cam MacDonald earned a Bachelor of Arts in Economics (BA), Wilfrid Laurier University and a Chartered Financial Analyst (CFA) designation.
Established in January 2001, JCClark is a Toronto based 14-person hedge fund management firm. JCClark was founded by John Clark, former chairman of the Toronto Stock Exchange, co-founder of Connor Clark & Co., a leading wealth management firm and co-founder of Connor, Clark & Lunn a large pension fund manager. He has 40 years of investment management experience and over 20 years of long/short experience. He has successfully managed money through 6 bear markets during his career. JCClark manages approximately $300 million predominantly in long/short equity strategies.
The managers are supported by an investment team, trader, in-house compliance officer, operations staff and business development personnel. The firm focuses on opportunistic, high-return investment opportunities and emphasizes open and transparent client relationships.
Website: www.jcclark.com Email: swynn@jcclark.com Phone: 416.361.4533
Colin Stewart, Director and Portfolio Manager
Colin Stewart is a director and portfolio manager at JCClark.
JCClark is a hedge fund management firm specializing in alternative investment products for institutional and high net-worth investors. Together with John Clark, Mr. Stewart is responsible for the investment activities at JCClark.
Colin holds an Honours Bachelor of Business Administration degree from Wilfrid Laurier University and is a Chartered Financial Analyst. Mr. Stewart started his career in the Corporate Finance division of CIBC World Markets and then joined Connor Clark & Co. Ltd. as an analyst where he worked directly with the Chief Investment Officer. In February of 2001, Colin joined JCClark as one of the founding shareholders. Today, he manages the JCClark Focused Opportunities Fund, a concentrated long/short equity hedge fund focusing on the firm’s highest conviction investment ideas.
  Landry Morin was started in 2002 to exploit a price momentum based approach to stock selection to generate above-average market neutral returns. Our purely quantitative approach uses a proprietary algorithm based on a well documented and persistent phenomenon of continuation of medium term returns: a stock that has outperformed (underperformed) in the past 6-12 months tends to continue to outperform (underperform) for the next 6-12 months, before a “return to the mean” occurs.
The Landry Morin long/short momentum fund is a market neutral, large to mid-cap equities fund that invests in a well diversified portfolio of over 150 stocks in 13 different markets globally. The fund is managed by Jean-Luc Landry – a past CEO of a $10 billion asset management firm – who has spent more than 10 years developing the quantitative momentum based strategy used by Landry Morin. Two analysts perform ongoing research to maintain and continually improve the proprietary algorithm and database of the firm.
Jean-Luc Landry, Founder, President and CEO
Jean-Luc started his career as an analyst for the Sun Life Insurance Company of Canada in 1970. In 1973, he was part of the founding team of Canagex Placements Ltée, where, as vice president, he was responsible for asset allocation and fixed income portfolios. In 1978, he joined Lévesque Beaubien where he was in charge of Government financing, in particular for the Province of Québec, Hydro-Québec, New Brunswick and the City of Montreal.
In 1981, Jean-Luc joined Bolton Tremblay as vice president and portfolio manager and became president in 1987. In 1994, he led a management buy-out of the firm. Following the merger of Bolton Tremblay with Montrusco and Associates, he was president and chief executive officer of Montrusco Bolton from 1999 to May 2000.
Jean-Luc is past president of the Association des Conseillers Financiers du Québec and of the Association des Économistes Québecois.
Jean-Luc is a member of the Investment Operations Committee of the Ministry of Finance of Alberta, which manages assets of $60 billion. Jean-Luc is also a member of the Board of Directors of Garda World Security Corporation.
Jean-Luc Landry received a bachelor’s degree in economics from Collège Ste-Marie and pursued graduate studies in economics at the University of Ottawa.
  Majestic Asset Management LLC is a registered Commodity Trading Advisor and NFA member. Headquartered in Montreal, Quebec, the company was co-founded by David Bilodeau and Denis Paquette. The firm offers private and institutional investors the opportunity to diversify their portfolio with alternative investment strategies in commodities and foreign exchange markets. Majestic’s strategies are purely systematic and incorporate rigorous quantitative risk management models. This seeks to provide investors with consistent returns with low risk in all market conditions. Integrity and transparency is highly regarded in Majestic’s business relationships and investment processes.
David Bilodeau, President & Chief Executive Officer
David Bilodeau co-founded Majestic Asset Management LLC in November 2006. David earned a Bachelor’s degree in Finance from HEC University and is presently a CAIA candidate. He is responsible for the day-to-day management of the firm as well as the implementation and oversight of the firm’s proprietary trading strategies and investments. He started his career in the commodity and futures industry with Refco Canada Co. and Man Financial Canada Co. Since 2001, he has researched and developed commodity portfolio management strategies which are currently implemented by Majestic Asset Management LLC. He has been managing assets for the past four years using these strategies.
  Mau Capital Management LLC is a Delaware incorporated limited liability company based out of Point Roberts, Washington. The company manages a small cap resource fund that specialises in negotiating private placements in public companies (PIPE). Those vehicles enable us obtain shares at discount to market price, with free warrants which offer additional risk-free leverage.
John Lee, CFA, is Mau’s general manager. Since 2001, Mr. Lee has researched hundreds of mining companies and personally met with dozens of management teams. Mr. Lee also actively consults and advices resource companies on project acquisitions, strategic marketing and corporate financing. He is a sought-after speaker at all major resource conferences and publisher of articles at various online news websites such as Kitco.com. Those activities help him establish an extensive network of industry contacts.
Our portfolio is designed to have a very low correlation to all other types of asset classes. This complements well to your existing asset mix. Mr. Lee invests his own money in the company and spends most of time in Vancouver, Canada, the home to well over 1,000 junior resource companies, to find the best investment opportunities for our clients.
John Lee, General Manager
Mr. John Lee is a CFA charter holder and has degrees in Economics and Engineering from Rice University. He previously studied under Mr. James Turk, a renowned authority on the gold market.
John founded Mau Capital Management in 2004. Since 2001, Mr. Lee has researched hundreds of mining companies and personally met with dozens of management teams. He is a sought-after speaker at all major resource conferences and publisher of articles at various online news websites such as Kitco.com. Mr. Lee is also the manager for a private equity fund and a private investor.
  Polar Securities is a Canadian hedge fund management firm, established in 1991. It has 23 employees with offices in Toronto and Calgary. Polar manages two hedge funds; North Pole, a Canadian focused multi-strategy fund and Altairis, a US focused long/short fund.
Paul Mayer, Director of Sales
Paul graduated from Queen’s University in 1992 with a Bachelor in Political Science. He joined Mackenzie Financial Corp. in 1993 and became a VP of Sales and Marketing. In 2004, Paul left Mackenzie to pursue his MBA at IESE Business School in Barcelona, Spain. He joined Polar in early 2007. He speaks English, French and German, with an understanding of Spanish.
  Quadrexx Asset Management Inc. (Quadrexx) is a Toronto based hedge fund company whose objective is to introduce hedge fund products to the Canadian and global marketplace with attributes of high returns, low risk and consistent performance, all independent of market conditions. Quadrexx’s fund of hedge funds, the Quadrexx Market Neutral Performance Fund (QMNPF), is a levered fund of hedge funds advised by Sigma Analysis and Management Ltd. (Sigma), a Toronto based investment advisor formed to provide alternative investments that exhibit low correlation to major stock markets and the potential for sustainable positive returns, even in times of distress.
Quadrexx's Canadian equity long-short hedge fund, the Quadrexx Cheops Enriched Long-Short Fund (Cheops), is managed by Margaret Samuel, Quadrexx's Chief Investment Officer. Interested parties should contact us at 416 216-4632 or info@quadrexx.com.
QMNPF’s and Cheops' Offering Memorandums and Monthly update sheets are available on the Quadrexx website: www.quadrexx.com.
Miklos Nagy, President and Chief Executive Officer
Miklos Nagy is President and CEO of Quadrexx Asset Management Inc. a Toronto based hedge fund asset management company. He is also Chairman and co-founder of Canadian Hedge Watch Inc., a Toronto based publishing and educational firm focusing on the Canadian hedge fund industry. Mr. Nagy is a leading authority on alternative investments and hedge funds in Canada and the co-author of Canada's first hedge fund book, Hedge Funds for Canadians (John Wiley and Sons in May 2003; revised edition July, 2005).
He has been featured extensively on national television and in newspapers and has also been invited to address numerous financial seminars and conferences for organizations around the world. He is also co-author of the CHAIP certification course offered by the Canadian Institute of Financial Planners (CIFPs).
Mr. Nagy has 19 years of financial industry experience in Canada as both Senior Partner at a leading financial planning firm and Credit Analyst at Credit Suisse Canada in Toronto. Mr. Nagy studied Math and Computer Science in Hungary, graduated with a B.Sc.(Hons.) in Economics and Statistics from the University of Toronto and holds the CFA (Chartered Financial Analyst) and CFP (Certified Financial Planner) professional designations. He is a founding Board Member of CIFPs, a member of the CFA Institute and the Toronto CFA Society, and a founding member of the CFA Society of Hungary, Budapest.
  Robson Capital Management Inc. is a Canadian alternative investment management firm that seeks to create funds capable of consistently generating absolute returns in all market conditions. The firm uses its proprietary manager selection process to identify alternative investment managers who possess dependable investment strategies. Robson is a member of AIMA.
Jeffrey C. Shaul, Founder, President and Chief Executive Officer
With over 20 years of investment industry experience, Jeffrey Shaul has an impressive track record in advising on domestic and international mergers and acquisitions and financing transactions, as well as in establishing and administering investment funds. Prior to establishing Robson Capital, Jeffrey was a partner at Kensington Capital Partners and helped build its funds management business from inception to approximately $285 million, consisting of private equity funds managed on behalf of Canada Pension Plan Investment Board, Investment Grade Trust, a publicly traded bond fund and Kensington Limited Partnership, a general equity fund for accredited investors. He also has held senior positions with ScotiaMcLeod, Lancaster Financial and TD Securities Inc. Jeffrey started his career practising corporate and securities law at Osler, Hoskin & Harcourt in Toronto. Jeffrey’s extensive work experience is complemented by his LL.B. and B.Comm. degrees from the University of Toronto. He is also a member of the Law Society of Upper Canada.
Robert J. McWhirter, President and Portfolio Manager
Robert J. McWhirter, President and Portfolio Manager of Selective Asset Management Inc. ("SAMI"), has 30 years in the securities industry and is a top-ranked money manager in Canada. Mr. McWhirter manages the Selective Asset Long-Biased Equity Hedge Fund using a 12-factor stock selection methodology that has both growth and value characteristics, including: return on equity, earnings surprise, earnings estimate revision, price to book, and price to earnings ratios.
Funds managed by Mr. McWhirter are ranked with high ratings from Fundata.com, Globefund.com and Morningstar.ca. Mr. McWhirter also manages the Northwest Specialty Innovations Fund, which was awarded the Science and Technology Equity Fund of the Year in Canada in 2004, 2005 and 2006 by the Canadian Investment Awards. He manages five other funds on behalf of NexGen Financial.
Prior to establishing SAMI, Mr. McWhirter was VP and Portfolio Manager at First Asset Investment Management Inc. and RBC Global Investment Management Inc., where he worked for more than 20 years, including predecessor firm, RBC Dominion Securities Investment Management. Mr. McWhirter managed approximately $2.25 billion in the Canadian High-Technology sector of the Royal Bank's Canadian Equity Mutual Funds.
Mr. McWhirter is a holder of the Chartered Financial Analyst designation (CFA) and is a Fellow of the Canadian Securities Institute (FCSI). He has a diploma in Business Marketing and Logistics.
He is also a member of the Canadian Society of Technical Analysts, the Toronto CFA Society, and is a member of the Ticker Club (Toronto-based securities industry club).
Mr. McWhirter provides regular market commentary for BNN, CBC Business News, CP 24 and has been featured in The Globe and Mail (Report on Business, and Report on Business Magazine), The Financial Post, Les Affaires, Canadian Business, Investment Executive, Bloomberg, Dow Jones, Reuters, and other industry-related media.
Stanton is a portfolio management firm with a four year history of managing investment funds, including multi-manager funds of hedge funds and internally managed hedge funds. The multi-manager funds are invested with established hedge funds, most of which are based in either the New York area or London; all demonstrate team experience, sustainable performance and risk control.
The internally managed hedge funds are generally formed by partnering with talented portfolio managers, who are then based in the Stanton offices, in Montreal. The investment team at Stanton includes two portfolio managers and three investment analysts.
Connor O'Brien, Managing Director and Chief Investment Officer
Connor O'Brien, Managing Director and Chief Investment Officer at Stanton, has 20 years of investment experience in the US and international markets, primarily in New York, and more recently in Montreal. His career began in New York, in M&A and capital markets at Lehman Brothers and Merrill Lynch, followed by managing an investment strategy backed by several hedge funds. He manages the investment process and the strategic direction of Stanton.
Connor is a graduate of Dartmouth College (MBA) and Middlebury College (BA).
Swing Capital was designed to provide a unique uncorrelated and diversified investment vehicle that will lower the overall risk adjusted return of both typical Equity and Fixed Income portfolios as well as alternative portfolios such as trend-followers. Swing stands for Systematic Winning Generator and it is a grey box composed of a fully systematic counter trending and multi timeframe signal generation algorithm combined through exceptional execution from 2 founding partners with a dynamic proprietary risk management algorithm setting parameters from inception of each trade. Swing Capital runs 2 programmes: Swing Diversified and Swing FX which can be accessed through managed accounts or on the Innocap offshore platform.
Trading Techniques: Swing is based upon counter-trend trading principles and unique sequence timing techniques. What makes Swing exclusive is that some of these quantitative indicators are carefully calibrated on a multi-timeframe basis, along with specific and robust risk management parameters set from inception of each transaction. Swing systematically capitalizes on the win/loss ratio of each and every transaction (1.75 since 1998), thus enjoying an enviable risk reward dynamic.Swing capitalizes on the 20 years combined experience of foreign Exchange market-making of its 2 founders. www.swingcapital.ca
Frederic Bettan, Managing Partner and CEO
Mr. Bettan holds a Bachelor in Administration degree with specialization in Finance from the HEC School in Montreal. After getting his university degree, he was chosen to be part of Montreal Exchange 5-months intensive trader’s apprenticeship program where he passed all Financial IDA accreditations on top of multiple risk management, technical analysis and trading diploma. Mr. Bettan then went on to work for the Bank of Montreal for a total of 7 years in Toronto and London where he successfully held different trading positions ranging from Money market and FX trading to Manager of the Canada desk. For the past five years he has been building, developing and nurturing a strong client network between major financial centers in the world where he promoted derivatives for the Montreal Exchange to Hedge funds, banks and other trading institutions.
Tower Asset Management was established in June 2002 as a performance oriented investment manager serving both conservative and growth-oriented institutional and high-net worth investors through it's three funds: Tower Income Fund, Tower Growth Fund and Tower Hedge Fund. The company uses quantitative screens to assist in its investment decisions.
Mark L. Maxwell, CFA, President and CEO
Prior to founding Tower Asset Management in mid-2002 Mark was President and Director of Rockwater Asset Management, a subsidiary of Rockwater Capital Corp., a firm with $4 billion in assets and revenues of $120 million. Mark began his career in financial services over 20 years ago with CIBC working in their corporate treasury department on fixed income analysis and risk management. He then spent the next ten years as an Equity Analyst working for Dean Witter Canada, Gordon Capital and finally CIBC World Markets. Then in mid-1999, Mark launched Georgian Capital Partners along with a few partners – an asset management firm which grew to $4.6 billion in assets under management by the end of 2001. Mark was President and one of the firm's Portfolio Managers until he sold his interest in the firm.
Mark earned his CFA designation in 1991 and has an MBA in Finance from Baylor University. He also has his Investment Counselor & Portfolio Manager license.
Voltan Capital Management, LLC invests in the frontier markets of Africa, Asia, the Middle East, Latin America, the Balkans, Central Asia, the Caucasus and other regions of the Former Soviet Union. The company’s flagship fund, the Voltan Frontier Markets Fund, has a multi-strategy philosophy, investing in securities ranging from traditional equity and sovereign debt to more exotic opportunities including debt restructurings, special situations and exotic instruments in countries without organized exchanges. Given its broad geography and domestic sector bias, Voltan is able to create a low-correlation portfolio accessing the impressive investment potential of frontier markets with reduced volatility. For further information, contact us at info@voltancapital.com.
Alison Graham, Chief Investment Officer
Alison Graham is a principal of Voltan Capital Management, LLC and lead portfolio manager of the Voltan Frontier Markets Fund. She has over thirteen years' experience in emerging and frontier markets finance.
Ms.Graham began her career as a partner and senior equity analyst at Caspian Securities focusing on Latin American equities. In 1998, she moved to Moscow, Russia to join United Financial Group where she was responsible for analysis and advisory related to the restructuring of the Russian energy system. While still in Russia, she formed Voltan Energy Advisors to assist global clients with due diligence on emerging markets acquisition targets, frontier and second-tier emerging markets security analysis and corporate investigations.
She launched Voltan Capital Management, LLC in August 2007.
Ms. Graham holds a Master's degree from the University of California at Berkeley, is a Chartered Financial Analyst and is fluent in six languages.
Whalehaven is a hedge fund focused on generating superior investment returns for its investors primarily by making special situation investments in public companies.
Whalehaven invests primarily in directly negotiated structured transactions in the following forms: convertible debt and preferreds, shelf offerings, and secondary issues. These normally include common stock, convertible notes, convertible preferred stock; all with long dated warrants. The investment strategy is based on a structured private placement purchase of securities at a discount to the stock price at which it trades in the market. Whalehaven's returns are based on locking in the discount spread in the short term and being positioned for significant upside potential by obtaining favorable warrant positions.
The fund managers align their interests with those of its investors as they are paid on the basis of absolute performance and maintain the highest standards of business integrity and administrative competence. They also have a large percentage of their own personal assets in the fund. The fund managers are well versed in risk management and compliance with securities rules and regulations.
Michael Finkelstein, President and CEO
Mr. Finkelstein, C.A. has over 20 years of experience investing in, advising and financing companies, and as a result he has developed significant expertise and relationships. Mr. Finkelstein was an investment adviser with Canaccord Capital Corporation, Canada’s largest independent investment dealer, and has rendered investment advisory services to institutions and high net worth individuals for the past 16 years. Mr. Finkelstein’s particular specialty for the past decade has been the management of private placements in U.S. and non-U.S. public companies. Prior to entering the investment field, Mr. Finkelstein was a tax specialist and manager with Arthur Andersen & Co. in both Toronto and Vancouver. As such Mr. Finkelstein is highly qualified in the analysis of complex financial transactions.
Mr. Finkelstein holds a Bachelor of Arts in Economics from McGill University and received his C.A. designation in 1980. Mr. Finkelstein is a member in good standing of the Institute of Canadian Chartered Accountants.
Mr. Finkelstein is an officer of the Investment Manager and is responsible primarily for evaluating and making investments on behalf of the US Limited Partnership, Offshore Fund, and Master Fund.