Co-Founder and Co-CIO
Larry Sapanski is the Co-Founder and Co-CIO of Cinctive Capital Management and has over 30 years of investment management experience. Prior to co-founding Cinctive, Larry founded and served as the CIO of Scoria Capital from 2013 to 2017, where he oversaw trading, managed the firm risk exposures and served as a portfolio manager for a best ideas portfolio. Earlier in his career, Larry co-founded Diamondback Capital, where he managed a major portion of the assets in financials and energy, as well as strategies for bonds and macro. Larry has held various trading positions at SAC Capital, London Bishopgates International, Lehman Brothers, Deutsche Bank and Morgan Stanley. Larry graduated from St. Johns University with a B.S. in Accounting.
Chief Risk Officer
Barry Schachter is the Chief Risk Officer for Cinctive Capital Management. Prior to joining Cinctive, Barry was a founding partner and Chief Risk Officer at Light Sky Macro. He has led risk teams at multiple hedge funds since 2000, including at Caxton Associates, SAC, Moore, Woodbine, 40 North and Balyasny. Barry began his career in academia, followed by involvement in the public sector, first at US CFTC, then at US OCC, where he focused on derivatives regulation and bank supervision. Barry currently serves on the IAQF advisory board and moderates the Risk Management stream for Arvix.org. He is a Fellow of financial mathematics program at Courant and is a Research Associate at EDHEC in Nice, France. Barry holds a PhD in Economics from Cornell University.
Richard Sapanski is the Co-Head of Portfolio Construction at Cinctive Capital Management. Most recently, Rich was the Co-Head of Portfolio Construction at Scoria Capital from 2013 through 2017. Previously, he co-ran the Quantitative Strategies at Diamondback from 2006-2013. Prior to his tenure at Diamondback, Rich was Global Head of Algorithmic Trading at Deutsche Bank. Rich began his career in 1991 at Indices Pac Research where he developed statistical arbitrage models. Rich graduated from Hofstra University with a B.A. in Business Computer Information Systems.
Head of Client Strategies
Ken Barrett is the Head of Client Strategies and Institutional Relations at Cinctive Capital Management. Most recently, Ken founded Silver Tiger Partners, a capital advisory, consulting and placement business. Prior to this, he was a Senior Managing Director at The Strand Partners, where he focused on investments, mezzanine finance and capital-raising opportunities. Before joining The Strand Partners, Ken built and led the Bank of Nova Scotia’s U.S. Rates and Fixed Income business. Prior to Scotiabank, Ken was a Managing Director, Head of Capital Markets and Development with Onex Real Estate Partners, where he led fundraising efforts with sovereign wealth funds, pensions and endowments. Preceding his time at Onex, Ken had a 12-year career at Morgan Stanley, where he was a Senior Managing Director and advised the firm's top clients across a variety of asset classes. Prior to Morgan Stanley, he held various sales and trading positions at Paine Webber, Goldman Sachs, and Bank of America after starting his career as a banker at J.P. Morgan. Ken graduated from Princeton University with a B.A. in Psychology.
Co-Founder and Co-CIO
Richard Schimel is the Co-Founder and Co-CIO of Cinctive Capital Management. Rich has over 25 years of experience in the investment management industry. Previously Rich was Head of Aptigon Capital, a division of Citadel, where he served on the firm’s Portfolio Committee. Rich founded Sterling Ridge Capital in 2013 and oversaw all firm activity, including management of the investment portfolio. Rich co-founded Diamondback Capital with Larry Sapanski in 2005. He co-managed the firm as well as portions of the firm’s best ideas portfolio. Prior to Diamondback, Rich began his buy-side career at SAC Capital where he was a portfolio manager from 2000 to 2005. Rich started his career in fixed income at PaineWebber in 1990. Rich graduated from the University of Michigan with a B.A. in Economics. Rich serves as President of “A Little Hope,” a nonprofit focused on childhood grief counseling and bereavement support.
Director of Research
Marc Greenberg is the Director of Research for Cinctive Capital Management. Most recently, Marc spent 7 years at Point72 Asset Management where he was Director of Research, Head of Professional Development, and ran Idea Lab, a quantamental research team. Previously, Marc was an II-ranked sell-side analyst at Deutsche Bank from 2000-2011. From 1986-1999, Marc held equity PM roles at Alliance Capital and NatWest Bank. Marc graduated from Tufts University with a B.S. in Economics and is a CFA® charterholder.
Ed Wang is the Co-Head of Portfolio Construction at Cinctive Capital Management. Most recently, Ed was the Co-Head of Portfolio Construction at Scoria. Previously, Ed co-ran Quantitative Strategies at Diamondback from 2006 through 2013. From 1998 through 2006, Ed implemented proprietary derivative strategies at Deutsche Bank. Ed began his career in 1991 as a particle physicist at Super-conducting Supercollider in 1991. Ed holds a PhD in Physics and undergrad degrees in Engineering and Physics from the University of Michigan.
Head of Business Development
Alison Smith is the Head of Business Development at Cinctive Capital Management. Most recently, Alison was Deputy Director of Research at Aptigon Capital (Citadel) where she ran talent acquisition and development. Previously, she was at Bank of America Merrill Lynch from 2010-2015 where she was Co-Head of NY Equity Sales. Prior to that, Alison was Managing Director at Citigroup in U.S. Equity Sales from 2000-2010. Alison began her career in 1997 with Goldman Sachs in Hong Kong Asia Equity Sales before relocating to New York to the U.S. Equity Sales desk. Alison graduated from the University of Virginia with a B.A. in International Relations.
Christine Glick is the COO/CFO for Cinctive Capital Management. Most recently, Christine was Deputy COO of Aptigon Capital (Citadel), where she led finance and operations. Previously, she was CFO/CCO at Sterling Ridge Capital from 2013-2016 and was the CFO/COO/CCO at Severn River Capital Management where she worked from 2004-2013. Christine began her career in public accounting as an auditor in the financial services and alternative asset management groups at Deloitte and PricewaterhouseCoopers. Christine holds a B.S. in Accounting and Finance from NYU, Stern and is a CPA (Not Registered).
Jason Gordon is the CCO for Cinctive Capital Management. Most recently, Jason served as the CCO at Autonomy Capital. Prior to that he served as Chief Compliance Officer of FX Solutions and in various senior compliance roles at Prudential Global Investment Management—including Chief Compliance Officer for Prudential Private Placement Investors. He also was a Compliance Officer for Perella Weinberg Partners and National Life Group/Sentinel Investments. Jason has over fifteen years of financial and regulatory compliance experience, including over ten years running compliance programs for investment firms. Previously in his career, Jason worked at Bear Stearns where he focused on institutional capital markets transactions. Jason earned a Juris Doctor from Baylor Law School. He also earned a B.A. in Political Science, summa cum laude, from the American Jewish University.
Todd Fischer is the Head Trader at Cinctive Capital Management. Most recently, Todd held the head trader positions at two single manager launches, Precocity Capital from 2016 to 2019 and Aravt Global from 2014 to 2016, where he focused on investment structuring, risk management and transaction cost analysis. Prior to Aravt Global, Todd served as Head Trader for Citadel platform Surveyor Capital, where he was responsible for management oversight of the centralized trading operation. Todd joined Surveyor in 2011 after nearly four years at Diamondback Capital, where he ran their New York execution desk and served as execution trader for several portfolio teams. Prior to Diamondback, Todd held senior trading roles at Credit Suisse and Bank of America. Todd holds a B.A. in Mathematics from Boston College and a MBA in Financial Engineering from the MIT Sloan School of Management.