John Calvert is Co-Founder and Portfolio Manager of the Adviser. Mr. Calvert is also Co-Founder and President of The Energy and Minerals Group (“EMG”). Mr. Calvert is responsible for directing strategic and investment activities of EMG and managing its investment portfolio and day-to-day activities with John Raymond. Prior to founding EMG, Mr. Calvert was a senior investment banker responsible for initiating, structuring and executing transactions in the natural resources industry. From 2005 to 2006, Mr. Calvert served as a Managing Director at Deutsche Bank Securities in the Large-Cap investment banking coverage group based in New York, where he provided strategic counsel and transaction execution advice to Deutsche Bank’s global mining and metals clients. Prior to joining Deutsche Bank in 2005, Mr. Calvert was a Managing Director and Global Head of Mining Investment Banking at Credit Suisse First Boston, where he had global coverage responsibility for the mining sector. From 1993 to 1996, Mr. Calvert worked in the Natural Resources Group of Morgan Stanley & Co., where he focused on transaction execution in mergers, acquisitions and financings for the mining sector. From 1990 to 1992, Mr. Calvert practiced law at Blake Dawson Waldron in Australia as an Associate in its Corporate & Securities Group, where he provided legal advice on corporate transactions in the media and mining sectors. Mr. Calvert currently serves as a director of Coronado Group LLC, EMG Baffin Holdings Lux S.à r.l., EMG Iron Ore HC Lux S.à r.l., EMG Iron Ore Phase 3 Holdings Lux S.à r.l, EMG Iron Ore Phase 3 (Q4 19) Holdings Lux S.à r.l, Nunavut Iron Ore, Inc., EMG Ferus II Lux S.à r.l., NGPMR Lux II S.à r.l. and EMG Chronos Lux S.à r.l. Mr. Calvert attended the University of Sydney, Australia where he graduated with a Bachelor of Laws degree (First Class Honors) in 1989.
Ryan Dofflemeyer, Senior Portfolio Manager of Vident. Mr. Dofflemeyer has over 16 years of trading and portfolio management experience across various asset classes including both ETFs and mutual funds. He is Senior Portfolio Manager for Vident, specializing in managing and trading of global equity and multi-asset portfolios. Prior to joining Vident, he was a Senior Portfolio Manager at ProShares for over $3 billion in ETF assets across global equities, commodities and volatility strategies. Before that, he was a Research Analyst at the Investment Company Institute in Washington DC. Mr. Dofflemeyer holds a BA from the University of Virginia and an MBA from the University of Maryland.
William McDonough is Chief Executive Officer, Co-Founder and Portfolio Manager of the Adviser. Mr. McDonough is also Founder and Chairman of Corestone Capital LLC, and is responsible for directing strategic and investment activities of Corestone and managing its investment portfolio. Prior to founding Corestone, Mr. McDonough served in a number of senior executive management roles across the financial services sector over a period of 15 years. These include co-founding a distressed debt and credit fund of funds with Avenue Capital Group in 2007, then joining Goldman Sachs to manage the private capital of the current and retired Partners of the bank from 2010 to 2013. McDonough left Goldman to co-found a Special Purpose Acquisition Company, Atlas Mara, that listed on the London Stock Exchange in 2014. Since 2014 McDonough has run Corestone Capital, investing in emerging asset classes. Corestone has invested in, guided, and driven many businesses to successful exits, including ETF portfolio construction and tax loss harvesting technology 55ip which was sold to JP Morgan, and children’s entertainment company A2, which was built and taken public on Nasdaq as Genius Brands. Mr. McDonough graduated from the Carroll School of Management at Boston College in 2002 with a Bachelor of Science degree with dual concentrations in Marketing and Pre-Law.
John Raymond is Co-Founder and Portfolio Manager of the Adviser. Mr. Raymond is a Co-Founder and the Chief Executive Officer of EMG, a leading diversified natural resources-focused private equity firm. Mr. Raymond is responsible for directing strategic and investment activities of EMG and managing its investment portfolio and day-to-day activities with John Calvert. Prior to founding EMG in 2006, Mr. Raymond served in a number of senior executive management roles within the energy sector over a period of 14 years. These include his time as Chief Executive Officer of Plains Resources, Inc. (“Plains Resources”), a publicly traded company, from 2002 to 2004. Following the management-led buyout of Plains Resources in 2004, Mr. Raymond served as Chief Executive Officer of the successor entity, Vulcan Energy Corporation, from 2004 to 2005. In addition to his current role as Chief Executive Officer of EMG, Mr. Raymond serves on the boards of 25 companies, including public and private portfolio companies of EMG, as well as several companies not owned by or affiliated with EMG. Mr. Raymond graduated from the A.B. Freeman School of Business at Tulane University in 1992 with a B.S.M. with dual concentrations in Finance and Accounting.
Austin Wen, CFA has seven years of investment management experience. Mr. Wen is a Portfolio Manager at Vident, specializing in portfolio management and trading of equity portfolios and commodities based portfolios, as well as risk monitoring and investment analysis. Previously, Mr. Wen was an analyst for Vident Financial, working on the development and review of investment solutions. He began his career as a State Examiner for the Georgia Department of Banking and Finance. Mr. Wen obtained a BA in Finance from the University of Georgia and holds the Chartered Financial Analyst designation.
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