Ron Ozer has had extensive experience trading natural gas at two of the world's premier buy side commodity market participants, Citadel and D. E. Shaw & Co.
Ron was hired to Citadel in 2015 as the head portfolio manager for US natural gas. Due to his exceptional strategy returns, Ron was promoted after his first year at Citadel to reporting directly to the firm's founder, Ken Griffin. Ron transformed Citadel's natural gas trading business, leading his team of 8 analysts, traders and meteorologists to become one of the largest and most profitable natural gas businesses at any hedge fund. Moreover, due to his trading strategy's consistent investment returns, Ron's risk and capital allocation grew to one of the largest for any portfolio manager at Citadel.
Ron began his career at D. E. Shaw & Co. in 2008 in the equities/futures systematic trading business creating, improving and executing for models. Only one year later, Ron was promoted to a portfolio manager role in the firm's energy group, where his focus was on trading natural gas futures and options. Including his first year as a portfolio manager at D. E. Shaw & Co., Ron was consistently among the top natural gas P&L contributors to one of the largest, most veteran energy trading businesses in the industry.
Ron graduated from MIT in 2008 after three years of study with a B.S. in Mathematics and a minor in Economics. He graduated with a GPA of 5.0/5.0, earning membership into the Phi Beta Kappa national honor society.
Xing Yuan has over a decade of trading experience in the commodity markets at Balyasny Asset Management and Morgan Stanley.
Xing joined Balyasny Asset Management’s Multi Strategy platform in 2016 as a standalone Portfolio Manager specializing in commodities. Leading a team of three, Xing quickly grew his capital allocation as a direct reflection of positive performance trading primarily cross-sectional futures and volatility relative value strategies. In additional to alpha generation, Xing played an active role in building out the risk and analytic infrastructure for Balyasny’s expansionary efforts in the commodity asset class.
Prior to Balyasny, Xing spent 8 years in Morgan Stanley’s Commodity Trading Division, where he ran the industry leading Commodity Index Trading business from 2012 onwards. While overseeing a global team of 7 traders and strategists, Xing consistently delivered proprietary P&L throughout changing market environments.
Xing graduated from MIT in 2008 with two B.S. degrees in Mathematics and Management with concentration in Finance, as well as a minor in Economics. In 2015 Xing was recognized by Forbes with the “30 Under 30†award with distinction in Finance.
Terrence Brennan has had over 24 years of experience working in the financial services industry. Prior to joining Statar Capital, Terrence was most recently the Chief Operating Officer at Trajectoire Capital, an asset management firm headquartered in Geneva, from June 2016 to June 2018.
Terrence had previously spent 18 years as the Chief Operating Officer for Cipher Investment Management, a Commodity Trading Advisor whose assets under management grew to over $500mm over his time there. Terrence worked at Cipher from its inception in June 1994 until the firm closed in June 2012. Terrence was responsible for all areas of day-to-day operations including risk management, performance reporting and compliance. In addition, Terrence directed the implementation of Cipher's trading systems and helped oversee the portfolio which consisted of global commodity and financial futures, as well as interbank foreign exchange contracts.
Prior to joining Cipher, Terrence worked at the New York office of Metallgesellschaft Corporation, a metals conglomerate, from October 1991 to April 1994, performing back office operational duties for its Futures Trading Department.
Terrence graduated cum laude from Baruch College, earning a B.B.A. degree in Finance and Investments.