The CNV Capital Team
RICHARD L. WEISSMAN is a Partner and CEO for CNV Capital Management, and is responsible for trading and system development. Mr. Weissman is a professional trader with over twenty five years' experience. He has provided private consultations and training to traders and risk managers for twenty years. In addition to trading, Weissman serves as a Senior Associate with the Energy Management Institute where he teaches trading and risk courses which are co-sponsored by CME Group and IntercontinentalExchange. Weissman's first book, Mechanical Trading Systems was published by John Wiley & Sons in 2004. His second book, Trade Like a Casino was selected as a Finalist for the Technical Analyst 2012 Book of the Year Award.
MICHAEL PAPALE Jr. is a Partner and COO for CNV Capital Management. Mr. Papale has over 25 years of business experience as an entrepreneur, investor and executive. Mr. Michael Papale served as a Vice President of Sales and Business Development of EchoTopic (TM) of Tribal Fusion, Inc., owned by Exponential Interactive, Inc. Mr. Papale was also at CityGrid Media, a division of IAC / InterActiveCorp. Prior to CityGrid Media, he served as the Principal and Executive Vice President of Global Domains International, Inc., creator of the .WS domain name registry and iPhoneBill. Mr. Papale holds a BA in Communications from the University of Southern California and MBA from Pepperdine University.
FRANK STONEBANKS is a Partner and CFO in CNV Capital Management. Twenty-three years of executive operational, investment and fund formation experience in biotech, pharma, med tech, drug delivery & HCIT, including executive management, fund and deal structuring, negotiating, domestic & global marketing, L&A, finance, sales, venture capital investing & senior advisory.
Mr. Stonebanks is currently a Venture Partner with Lumira Capital Investment Management, Co-Founder and Managing General Partner of BL Strategic Innovation Fund LP, a series of capital and tax efficient funds designed for strategic investors in the healthcare, medical device and information technology spaces. He is also Founder and Managing Partner of Blackcomb Advisors, a management consulting firm. Mr. Stonebanks was most recently Founder, President/CEO, General Partner and Board Member of Triphase LP, a biotech focused fund and operating company, where he raised $75 mm of non-dilutive cash, signed a $1 billion partnership with Celgene Corporation in a 3 product Option deal. He spent 10 years running $400 mm venture funds for Johnson & Johnson and IBM, and completing several multi-billion dollar transactions. He has an MBA from Saint Joseph’s University and a BA from the University of Victoria, B.C. in Exercise Physiology.
DR. KURTAY OGUNC serves as Chief Risk Officer for CNV Capital Management. Dr. Ogunc began his investment career in 1994 at the LSU Foundation in Baton Rouge, where he rose from the ranks of quantitative analyst to investment manager for the university endowment. During his six-year tenure at LSU, he managed over $200 million in total assets as well as treasury operations for the VP of Finance.
From 2000 to 2005, he served as Senior Investment Researcher & Consultant with Watson Wyatt Worldwide (now Towers Watson), providing due diligence services, acting as a thought leader as well as participating in various consulting assignments in the US, Europe and Japan.
In 2010, he took the role of Senior Investment Officer for Risk Management & Asset Allocation in the Mayor’s Office of Pensions and Investments. The office advises Mayoral Trustees and represents the administration of Mayor Bloomberg on the New York City Retirement System Boards and the Deferred Compensation Plan with over $110 Billion in combined assets.
On the academic front, he worked in the International Center for Decision and Risk Analysis (ICDRiA) at the University of Texas at Dallas (UTD) as the Associate Director and External Consultant. He was the Director of the MS in Finance program at Texas A&M University-Commerce between 2011 and 2015. Most recently, he moved to Louisiana State University as an instructor of finance. He holds an MBA in Finance from Western Michigan University as well as Master of Applied Statistics and PhD in Decision Sciences/Finance from Louisiana State University. Dr. Ogunc has written and published articles and research reports in various academic journals and practitioner magazines.
© 2016 CNV Capital Management, LLC
THE RISK OF LOSS IN TRADING COMMODITIES CAN BE SUBSTANTIAL. YOU SHOULD, THEREFORE, CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION. THE HIGH DEGREE OF LEVERAGE THAT IS OFTEN OBTAINABLE IN COMMODITY TRADING CAN WORK AGAINST YOU AS WELL AS FOR YOU. THE USE OF LEVERAGE CAN LEAD TO LARGE LOSSES AS WELL AS GAINS. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.