Clifford G. Viner, Head of Rates Trading, Principal, Co-Founder and Co-CIO
Clifford Viner co-founded Illinois Income Investors (now III Capital Management) and has shared primary responsibility for the trading activities of all the investment funds managed or advised by III and its predecessors since that time. Mr. Viner currently serves as Co-Chief Investment Officer and is a portfolio manager for III-managed funds. Mr. Viner is also co-founder and managing principal of AVM, L.P. From 1980 to 1984, Mr. Viner was a government securities trader and sales representative for William Blair & Company in Chicago. From 1975 to 1980, he was a portfolio manager for six mutual funds. From 1972 to 1975, Mr. Viner was an analyst with Phoenix Mutual Life Insurance. Mr. Viner earned an MBA (1972) from the Wharton School at the University of Pennsylvania and a BS (1970) from the University of Pennsylvania. He is a Registered General Securities Principal, General Securities Options Principal and General Securities Representative with FINRA, a CFTC Associated Principal, and an Associate Member of the NFA.
Lester N. Coyle, Principal, Credit Portfolio Manager and Co-CIO
Dr. Lester Coyle is a principal, Co-Chief Investment Officer, and portfolio manager for the III credit funds. Dr. Coyle joined the firm in 2005 from Commerzbank, where he was the U.S. head of credit correlation trading. Prior to that, he worked at Bank One as a single name and correlation trader on the credit desk and as a credit model builder in the quantitative group. Earlier, he was a mathematics professor at Duke University and Loyola University. He earned a PhD in mathematics from the University of Michigan and a BA in mathematics from Trinity College, Dublin. Dr. Coyle is co-author of the book "Lectures in Contemporary Probability" and has published numerous articles on probability and finance. He is a Registered General Securities Representative with FINRA.
Deep Kumar, Principal and Head of Options
Dr. Deep Kumar is a principal and a portfolio manager for the firm's asymmetric portfolio business. He leads the firm’s option trading efforts and is a member of the Management Committee. Dr. Kumar joined the firm in March 2003 and has been with the firm since that time, except for a ten-month period during 2010. Previously, Dr. Kumar was at BNP Paribas in New York (1995–2002), where he was the Chief Risk Officer for the USD rates group and oversaw the day-to-day risk taking by the group. Dr. Kumar has also done a great deal of work on volatility smiles and skews, much of which is used by a number of Wall Street firms for pricing and managing risks associated with options. He is the co-author of “Managing Smile Risk,” published in Wilmott Magazine in July of 2002. Dr. Kumar holds a PhD in hypersonics from Cranfield University, UK, as well as an MSc in aerodynamics and an MA in engineering both from Cambridge University, UK. Dr. Kumar is registered as a General Securities Representative with FINRA.
Garth Friesen, Principal and Chief Executive Officer
Garth Friesen is a principal and Chief Executive Officer. Mr. Friesen was formerly Co-CIO, and he has managed portfolios in credit, fixed income, and asymmetric strategies for numerous of the firm's funds and accounts. Prior to joining the firm in 1998, Mr. Friesen worked in London as a trader for Merrill Lynch in their non-dollar swap business from 1994 to 1996, and from 1996 to 1998 he was a director at Union Bank of Switzerland where he worked as a proprietary trader in the fixed income derivatives group. Mr. Friesen earned an MBA (1994) from the Ivey School of Business, University of Western Ontario and a BA (1990) in economics from the University of Western Ontario. He served on the Federal Reserve Bank of New York’s Investor Advisory Committee on Financial Markets from its inception in July 2009 through January 2014. Mr. Friesen is a Registered General Securities Principal and General Securities Representative with FINRA, a CFTC Associated Principal, and an Associate Member of the NFA.
Scott L. Wyler, Principal, President and CCO
Scott L. Wyler is a principal and President. He also serves as Chief Compliance Officer. Mr. Wyler joined the firm in January 1997 and served as General Counsel from 1999 until September 2017. In 1997 and 1998, he was a trader for the firm in fixed income and emerging markets. From 1994 to 1996, he was an associate with the law firm of Bracewell & Patterson (now Bracewell LLP). Mr. Wyler earned a JD from the University of Virginia (1994) and a BA magna cum laude from Yale University (1990). He is a member of the Texas Bar and is Authorized House Counsel with the Florida Bar. Mr. Wyler is a Registered Financial and Operations Principal and a Registered General Securities Principal with the NASD. He is also a CFTC Associated Principal and an Associate Member of the NFA.
Robert Printz, Principal and Co-Head, Investor Relations
Robert Printz is a principal and Co-Head of Investor Relations. He joined the III Investor Relations and AVM Sales team in 2000 after making his mark at a number of Wall Street firms. At Barclays Capital, he served as Managing Director and Head of Generalist Sales. His experience also includes a role at Merrill Lynch, where he marketed derivatives. At J.P. Morgan Securities, he served as an MBS specialist. Mr. Printz earned an MBA from the Stern School of Business, New York University and a BS in management from The State University of New York at Binghamton. He is a Registered General Securities Principal, a Registered Options Principal and General Securities Representative with FINRA, and an Associate Member of the NFA.
Francis Feeney, Principal and Co-Head of Investor Relations
Francis Feeney is a principal and Co-Head of Investor Relations. He joined the firm in 1998. Mr. Feeney's prior experience includes leadership positions with Sumitomo Capital Bank Markets, where he served as Senior Vice President of Investor Marketing. He was also Director of Capital Markets at Barclays de Zoete Wedd, Ltd., and earlier, Fixed Income Salesperson, United Kingdom and International Investors with L.F. Rothschild Ltd. Mr. Feeney holds a Masters Degree in economics from Cambridge University, UK and a BA (Honors First Class) in banking, insurance, and finance from University of North Wales, UK. He is a Registered General Securities Principal and a Registered General Securities Representative with FINRA and a CFTC Associated Principal.
Thomas Olofsson, Principal
Thomas Olofsson is a principal and Senior Relationship Manager in investor relations. He joined the firm in 1999. Mr. Olofsson's prior experience includes leadership positions with Öhman Junior Fondkommission AB, where he served in various roles including Senior Partner, Head of Fixed Income and Equity Trading, and Manager of Proprietary Trading from 1988 through 1999. He was also a Fixed Income Trader and Interest Rate Options Trader for Svenska Handelsbanken from 1986 through 1988. Mr. Olofsson studied finance and economics at the University of Stockholm from 1985 through 1987. He earned the Certified European Financial Analyst designation from the Stockholm School of Economics in 1998. Mr. Olofsson is a General Securities Principal and General Securities Representative with FINRA.
William P. McCauley, Principal and Head of AVM Solutions
William P. McCauley is a principal. He served as Chief Executive Officer of the firm through September 2017 and now serves as the Head of AVM Solutions, a division of AVM, L.P. that provides repo financing services and other related services. Prior to joining the firm in 1996, Mr. McCauley spent most of his career in the investment banking business. As a Managing Director at First Boston, he started their mortgage finance business and was instrumental in the development of many of the mortgage structures that are in common use today. Prior to retiring from First Boston, Mr. McCauley was President of their mortgage banking subsidiary and head of global strategic planning. He earned a BS (1969) in engineering from the U.S. Naval Academy and is a former Navy pilot. Mr. McCauley is a Registered General Securities Principal and General Securities Representative with FINRA, a CFTC Associated Principal, and an Associate Member of the NFA.
Jason Prest, Principal and Head of U.S. Rates and Munis
Jason Prest is a principal and the Head of U.S. Rates and Munis. He joined the firm in 2001. Previously, Mr. Prest was an Aerospace Engineer for Pratt & Whitney (1996-2000), working on the engine programs for both the Joint Strike Fighter and the F-22 Raptor. Mr. Prest earned an MBA (2001) from Carnegie Mellon and a BS (1996) in aeronautical and astronautical engineering from MIT. He is a General Securities Representative with FINRA.
Brandon Pellegrino, Head of Structured Credit
Brandon Pellegrino is Head of Structured Credit. He is also a member of the Management Committee. Mr. Pellegrino joined the firm in July 2008 as a Credit Analyst and Trader. Previously, he was a Vice President with Bank of America specializing in CRE CDO securitizations. He was also the Head of Program Trading for equities, options, commodities, and futures with Tradestation Securities. Mr. Pellegrino earned an MBA (2005) from the MIT Sloan School of Management and a dual BS (1998) in mathematics and biology from Indiana University. He is registered with FINRA as a General Securities Principal and General Securities Representative.
Yelena Anuar, Chief Financial Officer
Yelena Anuar is Chief Financial Officer and joined the firm in 2013 as the Corporate Controller. Previously, Ms. Anuar was a Vice President and Controller at Bluegreen Corporation. At Bluegreen, Ms. Anuar led an accounting team of approximately 30 individuals and was responsible for all aspects of accounting, reporting, and Sarbanes-Oxley 404 compliance for a public company with annual revenues of approximately $500mm. Prior to Bluegreen, Ms. Anuar's professional experience included corporate controllership and directorship of financial reporting functions at several mid-to-large sized SEC-registered companies, as well as serving as a Senior Auditor with Ernst and Young LLP. Ms. Anuar holds an MS in accounting from the University of Notre Dame and a BS in accounting from Florida Atlantic University. She is a CPA and is registered with FINRA as a Financial and Operations Principal.
Karen Hansen, General Counsel
Karen Hansen is General Counsel. She joined the ffirm in May 2014 and served as Associate General Counsel until September 2017. Previously, Ms. Hansen was the General Counsel for Pomona Capital (2011-2014) and FLAG Capital Management (2006-2011). From 2002 to 2005, she was an associate in the private investment funds practice of Proskauer Rose LLP in Boston (formerly Testa, Hurwitz & Thibeault LLP). Mas Hansen earned a JD from Northeastern University School of Law (2002) and a BS from the University of Delaware. She is a member of the Massachusetts Bar and is Authorized House Counsel with the Florida Bar.
Bob Hart, Chief Risk Officer
Bob Hart is Chief Risk Officer. He joined the firm in April 2004 from Lehman Brothers in New York, where he worked in the fixed income proprietary trading group. Mr. Hart's career has been concentrated in the pricing, trading, risk management, and product management of fixed income derivative securities. In addition, he has designed and built risk management systems for trading in fixed-income options, U.S. Treasuries, FX options, and proprietary fixed income products (swaps, swaptions, Eurodollars, Eurodollar options, futures and futures options). Mr. Hart earned an MBA from Harvard Business School and a BS summa cum laude in electrical engineering from Virginia Tech. He is a Registered General Securities Representative with FINRA.
Mark Perry, Chief Operations Officer
Mark Perry is Chief Operations Officer and joined the firm in 2007. Previously, he was a Vice President at Goldman Sachs in their Credit Derivative Operations group. Mr. Perry held various roles at Goldman including Mortgage Derivative's Middle Office, Project Management, Interest Rate Confirmations, and Programming for Commodities & FX Systems. Mr. Perry earned a BS in Management Information Systems from Florida State University. He is a General Securities Registered Representative with FINRA.
Jose Morales, Chief Technology Officer
Jose Morales is Chief Technology Officer. He joined the firm in 2005, after two years at Countrywide Home Loans where he was a developer. Mr. Morales has many years of experience in developing complex systems to manage positions, exposures, market feeds, user interface and various output forms. He holds a BS (2002) in electrical and computer engineering with a minor in computer science from Carnegie Mellon University.