Ian Katz Financials Ian is a Managing Director at Capital Alpha Partners, focusing on financial services policy. He covers a wide range of areas including banks, exchanges, brokers, asset managers, insurers, card networks, fintech, cryptocurrencies, housing finance, and student loans. Ian Katz

Hemant Kotak CEO & Director of Research Hemant founded Kolytics in 2021. He is a former Managing Director at Green Street and previously served as Head of UK Research at CBRE. He brings over 20 years of experience in investment research and listed real estate. Hemant Kotak

Bryant Matthews CEO & Head of Research Bryant, CEO & Head of Research, has a distinguished career in finance, having served as the Global Director of HOLT Research at Credit Suisse for over 25 years, where he developed innovative valuation models and advanced the HOLT framework, alongside contributions to research on profitability and growth. Bryant holds an MBA in Finance and Strategy from Northwestern University’s Kellogg School of Management and is currently pursuing a Master’s in Mathematics with a focus on Applied Statistics at DePaul University. He is also the co-founder of Omaha Insights. Bryant Matthews

Andrew Peters Co-Founder & Managing Partner Andrew is a co-founder of Revelare Partners. He has more than 15 years of experience in sales, research development and sourcing investment ideas for institutional investors. Prior to Revelare, Andrew was the Managing Director of Sales at DeMatteo Research LLC from 2011 to 2023 working with the team to build and expand its client base. He began his career as an Institutional Salesperson at PCS Research Services in 2008. He received a B.A. in Financial Economics from the University of Rochester. Andrew Peters

Laurent Bilke CEO & Head of Research Laurent is a CEO & Head of Research. He is a former ECB economist and has led research efforts at Citadel, Stone Milliner and Nomura. Laurent Bilke

Pierre-Olivier Essig Founder & Head of Research Pierre-Olivier is the Founder and Head of Research at AIR. Born in Barcelona, Spain, he later moved to Switzerland to study Business in La Chaux-de-Fonds. With over 30 years of Investment experience through years with UBS, BBL, CIBC and Paribas, and AIR, he has been providing independent fundamental research in European Equities to renowned institutions around the globe for the last 25 years. Pierre-Olivier Essig

Hemant Kotak CEO & Director of Research Hemant founded Kolytics in 2021. He is a former Managing Director at Green Street and previously served as Head of UK Research at CBRE. He brings over 20 years of experience in investment research and listed real estate. Hemant Kotak

Kim Monk Co-Founder / Health Care Kim is an analyst at Capital Alpha Partners, focusing on healthcare. She covers a broad spectrum of the healthcare sector including biotech, pharmaceuticals, managed care, diagnostics, medical technology, hospitals, post-acute care, healthcare services, health IT, and pharmacy benefit managers (PBMs). Kim Monk

Rob Smith Health Care Rob, Managing Director, brings two decades of Washington health care experience to Capital Alpha, where he directs coverage and strategic advisory services regarding physician services, pharmaceuticals and biologics, medical technology, value-based payments, diagnostics, and a wide range of specialty provider issues. Prior to joining Capital Alpha in 2008, he was a lobbyist for the Ceridian Corporation, where he managed the company's Capitol Hill presence on health care and tax issues. Before that, he served for five years as the top health care aide for Representative Rick Boucher, a senior member of the House Energy and Commerce and Judiciary Committees. Rob Smith

Brian McGough Retail Brian is a 30-year veteran of Wall Street. Before co-founding Hedgeye in 2008, Brian’s career began at Salomon Brothers in 1994, covering Transportation and Logistics before moving to Morgan Stanley in 1998. There, he led the firm’s Softline Retail coverage. Brian was heavily recruited by the Buy Side and ultimately joined Copper Arch Capital to run the Consumer team in 2002. After two years, Brian landed his dream job at Nike. Brian initially served as the Director of Investor Relations and later throughout the finance organization. Brian took on the role of vetting acquisitions for the company. After two years at Nike, making the toughest call of his life, Brian put his family first and moved back to the East Coast. Brian rejoined Morgan Stanley and was tasked with starting a 'coverage model.' This was a new concept, in which a Sell Side analyst covers an unusually broad number of companies. In 2008, he co-founded Hedgeye with CEO Keith McCullough. Having been at Hedgeye since Day 1, Brian was integral in creating the firm’s research process. Most notably, Brian covers the entire waterfront of 300+ retail names globally. Brian sees himself as a Consumer/Retail Strategist, unafraid of opposing consensus views. With enduring energy and passion, he continues to shape Hedgeye's success alongside partner Jeremy McLean and analysts Arianna Petillo and Ryan Wilson. Brian McGough

Daniel Bilosi Daniel has been a consumer analyst for more than twenty years. He has a rich history of analysing and contributing insights across a variety of consumer-related industries, including retail, food & beverage, consumer products, apparel, restaurants, and airlines. Daniel’s specialised focus at Hedgeye is on the Consumer Staples sector globally. Daniel Bilosi

Robert Kaminski TMT Robert leads the firm's policy research for the telecom, media, and tech sectors. Areas of focus include wireline and wireless telecom, cable, communications equipment and infrastructure, television broadcasting, social media and Internet platforms, semiconductors, and special situations in the tech sector. Robert Kaminski

Frank Mitsch President Frank serves as President, having cofounded Fermium Research in 2018, after leading the chemicals sell-side effort for 7 years at Wells Fargo Securities. Prior to WFS, Frank was a senior sell-side analyst for 15 years, beginning his Wall Street career with Merrill Lynch. He has been named multiple times to Institutional Investor’s All-America Research Team, and has received numerous other awards in stockpicking and earnings estimates accuracy from the Financial Times/StarMine and Wall Street Journal. Prior to the sell-side, he worked for 10+ years in chemicals with consultancy Kline & Company, and Betz Laboratories, including two years in Europe. Frank received his undergraduate degree in Chemical Engineering from the Stevens Institute of Technology.  He holds an MBA with a concentration in finance from MSU. Frank Mitsch

Jonathan Boyar President Jonathan is the President of Boyar Research and a Principal at Boyar Asset Management. He joined the firm in 2008 and brings over 15 years of investment experience. Jonathan Boyar

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Francois Boutin-Dufresne Managing Partner François is an investor and investment team leader with 25 years of experience in multiple asset classes ranging from fixed income and equities to absolute return and hedge fund strategies. Francois Boutin-Dufresne

Julian Brigden Founder & President Julian is Co-Founder and President, with over 25 years of experience in financial markets. He has held roles in both market- and policy-focused consulting for hedge funds and banks, as well as in FICC (Fixed Income, Currencies, and Commodities) sales. Julian Brigden

Ian Roper Commodities and China Strategist Ian Roper is a highly respected commodity strategist with over 22 years of experience in metals. He began his career at CRU in London and has since held key roles across Shanghai, Singapore, and now Tokyo, including positions at Steel Business Briefing, Macquarie, Rio Tinto, and CLSA. Currently based at Astris Advisory, Ian leads the Ian Roper Commodity Service, providing independent, in-depth analysis on base metals, ferrous metals, coal, and new energy materials. With a strong focus on China’s supply-demand dynamics and growing expertise in India’s emerging metals market, Ian delivers monthly deep-dive reports and regular market updates, leveraging his vast network and two decades of Asia-based insight. Ian Roper

Mark Louthan Mr. L. has over 15 years of experience in investigations, interrogations, and interviews in corporate and national security settings. Mark spent the majority of his career at the CIA where he served as a senior security and counterintelligence officer who also served at the White House under two Presidential administrations. Mark previously led Capital One’s internal fraud and anti-bribery and corruption risk functions prior to joining BIA in 2020. Mark holds a Master of Arts degree in Academic Policy and Leadership from The Ohio State University. Mark Louthan

Michael B Mr. B. joined BIA after 26 years conducting negotiations, investigations, interrogations, and interviews across the U.S. and in twenty foreign countries in furtherance of criminal and National Security probes for the Federal Bureau of Investigations (FBI). As an FBI Senior Manager, Mr. B. directed financial investigations and provided advanced interview training. Serving as a foreign Diplomat, he applied behavior analysis and communications skills to elicit cooperation from terrorists and negotiate international agreements. Prior to working for the U.S. Government, Mr. B. was a corporate Accountant and Merger & Acquistion Financial Analyst. Mr. B. is a Certified Fraud Examiner and holds a bachelor’s degree in accounting from Clemson University. Michael B

Andrew Peters Co-Founder & Managing Partner Andrew is a co-founder of Revelare Partners. He has more than 15 years of experience in sales, research development and sourcing investment ideas for institutional investors. Prior to Revelare, Andrew was the Managing Director of Sales at DeMatteo Research LLC from 2011 to 2023 working with the team to build and expand its client base. He began his career as an Institutional Salesperson at PCS Research Services in 2008. He received a B.A. in Financial Economics from the University of Rochester. Andrew Peters

Kirk Boodry TMT Sector Analyst Kirk is a TMT Sector Analyst with 25 years of experience researching Japanese telecom companies, working across both traditional investment banks and independent research houses. Since 2011, he has expanded his coverage to include Japan’s Internet companies, and more recently, he has focused on emerging themes such as fintech and generative AI. Kirk Boodry

Sean Jenkins GLL Analyst Sean Jenkins

Laurent Bilke CEO & Head of Research Laurent is a CEO & Head of Research. He is a former ECB economist and has led research efforts at Citadel, Stone Milliner and Nomura. Laurent Bilke

Dimitris Giannoulis Founder and Director Dimitris has spent more than 20 years researching and valuing Greek equities. Dimitris was previously an equity analyst with Deutsche Bank covering Greek & Cypriot financials; he’s also been a member of the Pan-European banking research team and has covered telcos, gaming and energy stocks. Dimitris was voted no. 1 in the Institutional Investor 2011 and 2012 All-European Research Surveys. Before Deutsche Bank he was Head of Research at Alpha Finance, Alpha Bank’s investment services arm. Dimitris Giannoulis

Robert Prather President & Managing Member Robert is experienced President with a demonstrated history of working in the investment management industry. Strong professional skilled in Equity Research, Portfolio Management, Hedge Funds, Entrepreneurship, and Venture Capital. Robert Prather

David Scott Founder David, Founder, spent six years as a commercial banker in various overseas branches of Lloyds Bank followed by two years with research consultancy Tara Siam, before joining WI Carr in Thailand as Chief Representative in 1989. He moved to Hong Kong in 1994 where he spent 8 years as WI Carr’s Chief Regional Strategist and two years as Head of Regional Strategy for Deutsche Securities before establishing Cha-Am in 2004. Over the past 25 years David has been recognised by numerous investor polls as one of the top strategists and equity analysts in Asia. David Scott

Robert Prather President & Managing Member Robert is experienced President with a demonstrated history of working in the investment management industry. Strong professional skilled in Equity Research, Portfolio Management, Hedge Funds, Entrepreneurship, and Venture Capital. Robert Prather

Rod Manalo Founder Rod Manalo

Jonathan Spitzer CEO Jonathan founded CTFN to provide quality news on M&A, event-driven and regulatory transactions. He previously was a merger arbitrage analyst at Arnhold and S. Bleichroeder Advisers. He earned a BA from Yale College and an MBA from Columbia Business School. Jonathan Spitzer

Jonathan Boyar President Jonathan is the President of Boyar Research and a Principal at Boyar Asset Management. He joined the firm in 2008 and brings over 15 years of investment experience. Jonathan Boyar

Andrew Peters Co-Founder & Managing Partner Andrew is a co-founder of Revelare Partners. He has more than 15 years of experience in sales, research development and sourcing investment ideas for institutional investors. Prior to Revelare, Andrew was the Managing Director of Sales at DeMatteo Research LLC from 2011 to 2023 working with the team to build and expand its client base. He began his career as an Institutional Salesperson at PCS Research Services in 2008. He received a B.A. in Financial Economics from the University of Rochester. Andrew Peters

Jim Rocchio Co-Founder & Head of Distribution Jim, Head of Distribution, has also served as Managing Director at Baird and at Knight Capital, where he co-founded Kailash Concepts. He brings 26 years of experience in the investment industry, having started his career at Hambrecht & Quist and held senior equity sales roles at JP Morgan and Bear Stearns. Jim has a proven track record of building and nurturing deep client relationships, as well as creating, developing, and distributing unique and differentiated sell-side content. Jim Rocchio

Robert Prather President & Managing Member Robert is experienced President with a demonstrated history of working in the investment management industry. Strong professional skilled in Equity Research, Portfolio Management, Hedge Funds, Entrepreneurship, and Venture Capital. Robert Prather

Ian Roper Commodities and China Strategist Ian Roper is a highly respected commodity strategist with over 22 years of experience in metals. He began his career at CRU in London and has since held key roles across Shanghai, Singapore, and now Tokyo, including positions at Steel Business Briefing, Macquarie, Rio Tinto, and CLSA. Currently based at Astris Advisory, Ian leads the Ian Roper Commodity Service, providing independent, in-depth analysis on base metals, ferrous metals, coal, and new energy materials. With a strong focus on China’s supply-demand dynamics and growing expertise in India’s emerging metals market, Ian delivers monthly deep-dive reports and regular market updates, leveraging his vast network and two decades of Asia-based insight. Ian Roper

Robert Prather President & Managing Member Robert is experienced President with a demonstrated history of working in the investment management industry. Strong professional skilled in Equity Research, Portfolio Management, Hedge Funds, Entrepreneurship, and Venture Capital. Robert Prather

Matthieu Raimbault Founder & Managing Director Matthieu has 25 years’ experience in global commodities and related equities and was formerly a portfolio manager at Caxton Associates. He founded Palissy Advisors in 2015. Matthieu Raimbault

John Zolidis Founder & President John has followed retail and restaurants as a senior analyst since 1999, mostly on the sell-side. He also managed money in a buy-side role at a long-short equity fund over 2013-2014. He was named in the Wall Street Journal’s Best on the Street list. John Zolidis

Dr Elliot Favus CEO & Senior Analyst Dr. Favus is a pharmaceutical equity research specialist with buyside and sellside experience, including Senior Analyst roles at Och Ziff and Lazard. Earlier in his career, Dr. Favus spent 10 years working on human genetics projects at Harvard Medical School and the University of Chicago. Dr Elliot Favus

Andrew Peters Co-Founder & Managing Partner Andrew is a co-founder of Revelare Partners. He has more than 15 years of experience in sales, research development and sourcing investment ideas for institutional investors. Prior to Revelare, Andrew was the Managing Director of Sales at DeMatteo Research LLC from 2011 to 2023 working with the team to build and expand its client base. He began his career as an Institutional Salesperson at PCS Research Services in 2008. He received a B.A. in Financial Economics from the University of Rochester. Andrew Peters

Robert Prather President & Managing Member Robert is experienced President with a demonstrated history of working in the investment management industry. Strong professional skilled in Equity Research, Portfolio Management, Hedge Funds, Entrepreneurship, and Venture Capital. Robert Prather

Matthieu Raimbault Founder & Managing Director Matthieu has 25 years’ experience in global commodities and related equities and was formerly a portfolio manager at Caxton Associates. He founded Palissy Advisors in 2015. Matthieu Raimbault

Amrit Rupasinghe Co-Founder & CEO Amrit developed tech products while working as an Asian equity analyst and pursuing his CFA. His creations, including Wall St. Rank, have reached millions of users globally. Amrit Rupasinghe

Andrew Freedman Communications Andrew currently spearheads Communications Sector research at Hedgeye, specializing in Internet, Media, Cable, and Telecom, and co-heads the Software Sector. His deep work in these domains has led to highly successful long/short calls on industry giants like Netflix, Meta, and Google. Notably, Andrew's market insights enabled him to accurately predict the end of Netflix's growth runway. Moreover, his unique research process led to calls on the peak of the digital ad market in October 2021 and identified its bottom by January 2023. Andrew's approach is distinguished by a robust process that combines proprietary highfrequency data trackers with meticulous industry modeling and in-depth fundamental analysis. Prior to assuming his current role as Communications and Software Sector Head, he was a Senior Equity Research Analyst, covering U.S. Health Care equities - with a specialization in Healthcare IT. Andrew has deep knowledge of pivotal areas in Healthcare, like EMR, population health, value-based care, telehealth, and more. Before joining Hedgeye in 2014, Andrew was a driving force behind asset allocation, risk analysis, and investment manager research at Clearbrook Global Advisors. Andrew Freedman

Song Gao Co-CEO & Co-Head of Research Song served as China Country Representative and principal analyst for the Observatory Group, Senior Economist of China Monitor where he met William and before that in academia as a professor and researcher at Junniata College. Song Gao

William Hess Co-CEO & Co-Head of Research Previously William served as President of China Monitor, a platform for China macroeconomic and industry forecasting and analysis, Director of Sovereign and International Public Finance ratings with S&P and as General Manager of Global Insight. William Hess

Mark Friedman Co-Founder & Managing Partner Mark is an entrepreneur, executive, and advisor, and the Co-Founder of The Retail Tracker, a strategic advisory firm focused on brand building, financial strategy, and navigating the evolving retail landscape. He is also CEO of HARVST, a shelf-stable meals company with a mission to combat food insecurity. With a career spanning various leadership roles, Friedman has served on both public and private boards, including Iconix and Roots, and is currently a strategic advisor to Accel, Poq, and Storr. He launched The Retail Tracker in 2006 to provide insights into consumer and retail trends, working with companies of all sizes to support growth through strategic planning, branding, merchandising, and capital allocation. Mark Friedman

Marni Shapiro Marni Shapiro

Dimitris Giannoulis Founder and Director Dimitris has spent more than 20 years researching and valuing Greek equities. Dimitris was previously an equity analyst with Deutsche Bank covering Greek & Cypriot financials; he’s also been a member of the Pan-European banking research team and has covered telcos, gaming and energy stocks. Dimitris was voted no. 1 in the Institutional Investor 2011 and 2012 All-European Research Surveys. Before Deutsche Bank he was Head of Research at Alpha Finance, Alpha Bank’s investment services arm. Dimitris Giannoulis

James Lucier Co-Founder / Macro, Clean Energy & Utilities James is an analyst at Capital Alpha Partners, specialising in Energy & Utilities policy. He leads coverage on a wide range of sectors including oil, natural gas, pipelines, renewables, MLPs, nuclear energy, refining, utilities and power, ethanol, and climate-related policy. James Lucier

Jonathan Spitzer CEO Jonathan founded CTFN to provide quality news on M&A, event-driven and regulatory transactions. He previously was a merger arbitrage analyst at Arnhold and S. Bleichroeder Advisers. He earned a BA from Yale College and an MBA from Columbia Business School. Jonathan Spitzer

Francois Boutin-Dufresne Managing Partner François is an investor and investment team leader with 25 years of experience in multiple asset classes ranging from fixed income and equities to absolute return and hedge fund strategies. Francois Boutin-Dufresne

Harry Grist Harry Grist

Riccardo Trezzi Founder & Chief Economist After receiving Ph.D. in Economics from the University of Cambridge in the U.K., Riccardo worked on the inflation desk of the Federal Reserve Board of Governors in Washington D.C. for several years where he regularly briefed Board members and contributed to the Fed staff forecast. After the Fed Board, Riccardo joined the inflation desk of the European Central Bank in Frankfurt where he contributed to the 2020-2021 ECB strategy review. Riccardo has published several academic papers on peer reviewed international journals on several topics including inflation dynamics, the labour market, and households’ consumption. Riccardo Trezzi

Naresh Chouhan Founder & Senior Analyst Naresh started his career in GSK’s Corporate Development team conducting Merger modeling, Biotech screens and worked on strategic transactions. He moved to JPMorgan on the sell-side in 2006 to cover Pan-Euro Large cap Pharma. Having spent time at HSBC and 6 years as the head of Healthcare research at Librium, he joined New Street Research as a Partner and founded the Healthcare franchise in 2016 (now rebranded as Intron Health). Naresh has worked on numerous Capital market transactions and been the lead analyst on 2 Healthcare IPO’s. Naresh Chouhan

Ian Katz Financials Ian is a Managing Director at Capital Alpha Partners, focusing on financial services policy. He covers a wide range of areas including banks, exchanges, brokers, asset managers, insurers, card networks, fintech, cryptocurrencies, housing finance, and student loans. Ian Katz

Robert Prather President & Managing Member Robert is experienced President with a demonstrated history of working in the investment management industry. Strong professional skilled in Equity Research, Portfolio Management, Hedge Funds, Entrepreneurship, and Venture Capital. Robert Prather

Mark Simms Founder & CEO Mark, Chief Executive Officer, is the founder and Chief Executive Officer of CMi2i. For 25 years Mark has specialised in the provision of Capital Markets Intelligence Services, with a focus on unique shareholder and debtholder insights. In addition to founding CMi2i, he founded its predecessor Capital Precision. He was previously CEO of Ilios Europe and has held senior positions within the Investor Relations industry, including at Thomson Financial and ICV Ltd. Mark is a regular speaker at International IR and Banking conferences. He has also been involved in Disclosure Policy, Market Transparency, and Law reviews. Mark Simms

Tian Yang CEO & Head of Research Prior to joining Variant Perception in 2014, Tian was as an equity derivatives trader for Bank of America Merrill Lynch. Tian graduated from the University of Cambridge with a degree in Economics. Tian Yang

John Zolidis Founder & President John has followed retail and restaurants as a senior analyst since 1999, mostly on the sell-side. He also managed money in a buy-side role at a long-short equity fund over 2013-2014. He was named in the Wall Street Journal’s Best on the Street list. John Zolidis

Ian Roper Commodities and China Strategist Ian Roper is a highly respected commodity strategist with over 22 years of experience in metals. He began his career at CRU in London and has since held key roles across Shanghai, Singapore, and now Tokyo, including positions at Steel Business Briefing, Macquarie, Rio Tinto, and CLSA. Currently based at Astris Advisory, Ian leads the Ian Roper Commodity Service, providing independent, in-depth analysis on base metals, ferrous metals, coal, and new energy materials. With a strong focus on China’s supply-demand dynamics and growing expertise in India’s emerging metals market, Ian delivers monthly deep-dive reports and regular market updates, leveraging his vast network and two decades of Asia-based insight. Ian Roper

Timothy Morse Principal Timothy Morse

Adam Parker Adam Parker

Kirk Boodry TMT Sector Analyst Kirk is a TMT Sector Analyst with 25 years of experience researching Japanese telecom companies, working across both traditional investment banks and independent research houses. Since 2011, he has expanded his coverage to include Japan’s Internet companies, and more recently, he has focused on emerging themes such as fintech and generative AI. Kirk Boodry

Darren Winder Darren Winder

Andrew Hunt Founder & Economist Andrew is a seasoned economist and market strategist with over three decades of experience. He began his career at Shearson Lehman in 1987 before joining Thornton Asset Management, where he focused on the UK economic cycle and Far East economies. After Thornton’s acquisition by Dresdner Bank, Andrew took on a global advisory role, building strong relationships with central banks and policymakers worldwide. Based in London, Hong Kong, and Japan—with extended stays in the U.S. and Australasia—he gained firsthand experience of major economic events including Japan’s Boom and Bust, German Monetary Union, the ERM crisis, the Asian Financial Crisis, and the NASDAQ Bubble. Following Allianz’s acquisition of Dresdner, Andrew founded AHEL, encouraged by peers across the banking and macro hedge fund community, including the late John Makin of AEI. Andrew Hunt

Janet Kloppenburg Janet Kloppenburg

Mark Webb Mark Webb

Steven Holden Steven Holden

Jawad Mian Founder & Managing Editor Jawad didn’t study at an Ivy league school, wasn’t trained by an investment bank, and never worked for a hedge fund. He started his career as a bank teller. For the longest time, he thought his unconventional background was a shortcoming. But through the Stray Reflections community’s support and encouragement over the years, he realised it’s actually a core strength as it helps him view the world differently from the vast majority of Western-born-and-trained analysts. Jawad’s writing is prized for its staunch independence, clarity of thought, and courage in pushing clients to think outside the box. He studied finance and economics at The University of Western Ontario in Canada and lives in Toronto with his wife and three daughters. Jawad Mian

Ian Roper Commodities and China Strategist Ian Roper is a highly respected commodity strategist with over 22 years of experience in metals. He began his career at CRU in London and has since held key roles across Shanghai, Singapore, and now Tokyo, including positions at Steel Business Briefing, Macquarie, Rio Tinto, and CLSA. Currently based at Astris Advisory, Ian leads the Ian Roper Commodity Service, providing independent, in-depth analysis on base metals, ferrous metals, coal, and new energy materials. With a strong focus on China’s supply-demand dynamics and growing expertise in India’s emerging metals market, Ian delivers monthly deep-dive reports and regular market updates, leveraging his vast network and two decades of Asia-based insight. Ian Roper

Kim Monk Co-Founder / Health Care Kim is an analyst at Capital Alpha Partners, focusing on healthcare. She covers a broad spectrum of the healthcare sector including biotech, pharmaceuticals, managed care, diagnostics, medical technology, hospitals, post-acute care, healthcare services, health IT, and pharmacy benefit managers (PBMs). Kim Monk

Robert Prather President & Managing Member Robert is experienced President with a demonstrated history of working in the investment management industry. Strong professional skilled in Equity Research, Portfolio Management, Hedge Funds, Entrepreneurship, and Venture Capital. Robert Prather

Craig Ferguson Director Craig, Founder and Director of Strategy, was formerly a bond and FX market maker at JPMorgan (1994-1999), Head of JPMorgan’s Cross Asset Technical Analysis Group (1999-2003) and the Senior FX Strategist at ANZ Investment Bank (2003-2006), before founding Antipodean Capital in 2006. Craig authored the #1 ranked Amazon bestseller “Debt, Defaults, Disinflation & Demographics: How to Survive the Coming Market Meltdown” in 2014. Craig Ferguson

Felix Boudreault Co-Founder Felix is an engineer-MBA with 20 years of experience in energy, environmental policy, and sustainable finance. Felix Boudreault

Rob Simone REITs Sector Head Rob Simone

John Zolidis Founder & President John has followed retail and restaurants as a senior analyst since 1999, mostly on the sell-side. He also managed money in a buy-side role at a long-short equity fund over 2013-2014. He was named in the Wall Street Journal’s Best on the Street list. John Zolidis

Ian Roper Commodities and China Strategist Ian Roper is a highly respected commodity strategist with over 22 years of experience in metals. He began his career at CRU in London and has since held key roles across Shanghai, Singapore, and now Tokyo, including positions at Steel Business Briefing, Macquarie, Rio Tinto, and CLSA. Currently based at Astris Advisory, Ian leads the Ian Roper Commodity Service, providing independent, in-depth analysis on base metals, ferrous metals, coal, and new energy materials. With a strong focus on China’s supply-demand dynamics and growing expertise in India’s emerging metals market, Ian delivers monthly deep-dive reports and regular market updates, leveraging his vast network and two decades of Asia-based insight. Ian Roper

Tim Morse Founder Tim has 25 years specialising in Japan only, initially in fund management in Scotland, then as an analyst in Japan for 12 years and finally in sales/research. Specialisms include identifying exciting small/mid ideas that have yet to get investor recognition, large corporate restructuring/structural changes stories and value with a catalyst. Tim Morse

Andrew Peters Co-Founder & Managing Partner Andrew is a co-founder of Revelare Partners. He has more than 15 years of experience in sales, research development and sourcing investment ideas for institutional investors. Prior to Revelare, Andrew was the Managing Director of Sales at DeMatteo Research LLC from 2011 to 2023 working with the team to build and expand its client base. He began his career as an Institutional Salesperson at PCS Research Services in 2008. He received a B.A. in Financial Economics from the University of Rochester. Andrew Peters

Julian Brigden Founder & President Julian is Co-Founder and President, with over 25 years of experience in financial markets. He has held roles in both market- and policy-focused consulting for hedge funds and banks, as well as in FICC (Fixed Income, Currencies, and Commodities) sales. Julian Brigden

John Zolidis Founder & President John has followed retail and restaurants as a senior analyst since 1999, mostly on the sell-side. He also managed money in a buy-side role at a long-short equity fund over 2013-2014. He was named in the Wall Street Journal’s Best on the Street list. John Zolidis

Francois Bourdon Managing Partner François is an investor and investment team leader with 25 years of experience in multiple asset classes ranging from fixed income and equities to absolute return and hedge fund strategies. Francois Bourdon

Robert Prather President & Managing Member Robert is experienced President with a demonstrated history of working in the investment management industry. Strong professional skilled in Equity Research, Portfolio Management, Hedge Funds, Entrepreneurship, and Venture Capital. Robert Prather

Matthieu Raimbault Founder & Managing Director Matthieu has 25 years’ experience in global commodities and related equities and was formerly a portfolio manager at Caxton Associates. He founded Palissy Advisors in 2015. Matthieu Raimbault

Matthieu Raimbault Founder & Managing Director Matthieu has 25 years’ experience in global commodities and related equities and was formerly a portfolio manager at Caxton Associates. He founded Palissy Advisors in 2015. Matthieu Raimbault

R L Director of Research Robert is the Director of Research at Off Wall Street. R L

Jonathan Spitzer CEO Jonathan founded CTFN to provide quality news on M&A, event-driven and regulatory transactions. He previously was a merger arbitrage analyst at Arnhold and S. Bleichroeder Advisers. He earned a BA from Yale College and an MBA from Columbia Business School. Jonathan Spitzer

Ryan Fodor Head of Sales Rayan Joined Paragon Intel as Sales Director in 2019 and now working as Head of sales since 2019. Ryan Fodor

Scott Mushkin Founder & Managing Partner Prior to founding R5 Capital, Scott was Managing Director and Senior Research Analyst covering retail, e-tail and consumer products at Wolfe Research. Scott brings more than 25 years of buy-side and sell-side experience to the firm and has consistently ranked among the top analysts in his coverage sectors. He earned his MBA from The University of Chicago Booth School of Business. Scott Mushkin

Robert Prather President & Managing Member Robert is experienced President with a demonstrated history of working in the investment management industry. Strong professional skilled in Equity Research, Portfolio Management, Hedge Funds, Entrepreneurship, and Venture Capital. Robert Prather

Rod Manalo Founder Rod Manalo

Alfonso Peccatiello Founder & CEO Previously Alfonso was the Head of Investments for a $20 billion portfolio for ING Germany - the portfolio invested in rates, credits, FX, and equities. He was also a key contributor to the ING Global Macro Committee, overseeing the $900 billion multi-asset and multi-geography balance sheet of the bank. Alfonso Peccatiello

Don Bilson Head, Event-Driven Team Don heads GHRA's Event-Driven Research effort. Don has ten years of buyside experience, at firms including Tribeca Management, Exis Capital, RockView Capital and J Goldman & Co. He has worked as a portfolio manager, analyst and trader in both equities and credit. He has covered a number of different sectors (including telecom, consumer and energy) and worked with a handful of investment strategies. Don subsequently created an event-driven product at dealReporter called the Morning Flash, for which he was the sole contributor, and which was a precursor to GHRA's Event-Driven research product. Prior to the buyside, Don was an investigative reporter in Washington DC, and before that, a congressional staffer. He holds a B.A. from the University of California, Los Angeles. Don Bilson

Robert Crimes Robert Crimes

Felix Boudreault Co-Founder Felix is an engineer-MBA with 20 years of experience in energy, environmental policy, and sustainable finance. Felix Boudreault

Andrew Freedman Communications Andrew currently spearheads Communications Sector research at Hedgeye, specializing in Internet, Media, Cable, and Telecom, and co-heads the Software Sector. His deep work in these domains has led to highly successful long/short calls on industry giants like Netflix, Meta, and Google. Notably, Andrew's market insights enabled him to accurately predict the end of Netflix's growth runway. Moreover, his unique research process led to calls on the peak of the digital ad market in October 2021 and identified its bottom by January 2023. Andrew's approach is distinguished by a robust process that combines proprietary highfrequency data trackers with meticulous industry modeling and in-depth fundamental analysis. Prior to assuming his current role as Communications and Software Sector Head, he was a Senior Equity Research Analyst, covering U.S. Health Care equities - with a specialization in Healthcare IT. Andrew has deep knowledge of pivotal areas in Healthcare, like EMR, population health, value-based care, telehealth, and more. Before joining Hedgeye in 2014, Andrew was a driving force behind asset allocation, risk analysis, and investment manager research at Clearbrook Global Advisors. Andrew Freedman

Wolfgang Munchau Co-Founder & Director Wolfgang is Director and Co-Founder of Eurointelligence, a service that provides daily information about the euro area, targeted at investors and policy makers. He is a columnist for Unherd and previously the New Statesman, and was also an associate editor and columnist for the Financial Times. Wolfgang was one of the founding members of Financial Times Deutschland, the German language business daily, where he served as deputy editor from 1999 until 2001, and as editor-in-chief from 2001 until 2003. He previously worked asforeign correspondent in Washington DC and Brusselsfor the Times, and in Frankfurt for the FT. Wolfgang’s latest book, Kaput, published by Swift Press, is about the rise and decline of the German economy. Wolfgang Munchau

Sean Maher Founder & Investment Strategist The team is led by Sean who began his career as a metals analyst with CRU Group. He has since worked as an equity portfolio manager with Royal London Asset Management, in investment banking research with WestLB and Nomura and as a consultant economist to the HK based Pacific Basin Economic Council. He is a regular speaker at investment conferences, a member of the CFA Institute and was shortlisted for the 2018 Society of Business Economists’ Rybzcynski prize for research on the impact of IT on productivity trends. Sean Maher

Michael Belkin Founder Michael, could be described as an iconoclast, which is someone who “attacks cherished beliefs or traditional institutions, as being based on error or superstition.” Of course, there are plenty of other folks doing that in the investment field. What distinguishes Michael is that he backs up his declarations with data. Michael graduated from The Haas School of Business at the University of California Berkeley, where he conducted independent research sponsored by the legendary Mark Rubinstein. His innovative streak was apparent even then. “I developed my own models,” he says, “after studying what they taught us in econometrics— because I found mainstream models were not effective.” In 1986 he was recruited by Salomon Brothers as a market analyst and soon moved into proprietary trading, attaining the position of vice‐ president. There he made his first big splash in the investing community by accurately forecasting the collapse of the Nikkei Average - which subsequently dropped 37%. Among Michael’s other accurate predictions: the top in the U.S. tech bubble in 2000, the subsequent stock market low in 2002, the housing bubble top in 2007, the credit crisis stock crash low in 2009, the pre-Covid stock market top in early 2020, the Covid crash low in March 2020 and the recent AI bubble peak in early 2025. Besides producing The Belkin Report every week, Michael is a speaker at financial industry events and a guest commentator on TV business news networks. Michael Belkin

John Zolidis Founder & President John has followed retail and restaurants as a senior analyst since 1999, mostly on the sell-side. He also managed money in a buy-side role at a long-short equity fund over 2013-2014. He was named in the Wall Street Journal’s Best on the Street list. John Zolidis

Steven Holden Steven Holden

Gillem Tulloch Founder Gillem has been a financial analyst since 1994 and based in Asia since 1995. Gillem Tulloch

Kathleen Kelley Founder & CEO Prior to launching the research firm, Kathleen Kelley ran a commodity focused global macro hedge fund of the same name. She is a frequent guest on CNBC and Bloomberg Television, and has been cited in such publications as the WSJ, Institutional Investor and Futures Magazine. Ms. Kelley has spent more than 25 years in global macro research and portfolio management within firms such as Kingdon Capital Management, Vantis Capital and Tudor Investment Corporation. She holds a BA in economics with a minor in mathematics from Smith College and a General Course Degree from the London School of Economics in econometrics. Kathleen Kelley

Dimitris Giannoulis Founder and Director Dimitris has spent more than 20 years researching and valuing Greek equities. Dimitris was previously an equity analyst with Deutsche Bank covering Greek & Cypriot financials; he’s also been a member of the Pan-European banking research team and has covered telcos, gaming and energy stocks. Dimitris was voted no. 1 in the Institutional Investor 2011 and 2012 All-European Research Surveys. Before Deutsche Bank he was Head of Research at Alpha Finance, Alpha Bank’s investment services arm. Dimitris Giannoulis

Alex Barron Founder, President & Senior Research Analyst Alex has been avidly following the housing market and the publicly traded builders since 2001. During his successful Wall Street career, Barron held positions at Franklin Templeton and JMP Securities. He also partnered with Agency Trading. Alex Barron

Adam Parker Adam Parker

Mark Friedman Co-Founder & Managing Partner Mark is an entrepreneur, executive, and advisor, and the Co-Founder of The Retail Tracker, a strategic advisory firm focused on brand building, financial strategy, and navigating the evolving retail landscape. He is also CEO of HARVST, a shelf-stable meals company with a mission to combat food insecurity. With a career spanning various leadership roles, Friedman has served on both public and private boards, including Iconix and Roots, and is currently a strategic advisor to Accel, Poq, and Storr. He launched The Retail Tracker in 2006 to provide insights into consumer and retail trends, working with companies of all sizes to support growth through strategic planning, branding, merchandising, and capital allocation. Mark Friedman

Kim Monk Co-Founder / Health Care Kim is an analyst at Capital Alpha Partners, focusing on healthcare. She covers a broad spectrum of the healthcare sector including biotech, pharmaceuticals, managed care, diagnostics, medical technology, hospitals, post-acute care, healthcare services, health IT, and pharmacy benefit managers (PBMs). Kim Monk

Robert Prather President & Managing Member Robert is experienced President with a demonstrated history of working in the investment management industry. Strong professional skilled in Equity Research, Portfolio Management, Hedge Funds, Entrepreneurship, and Venture Capital. Robert Prather