Mark Waissar

Mark Waissar, President of Ivory Investment Management, LP, has over twenty years of experience in the financial services field. As President of Ivory, Mark Waissar manages a firm who pioneered the theory of spread risk management. Ivory’s approach to portfolio risk management is the foundation upon which the firm was established. This approach focuses on the management of ”spread risk.” Spread risk management is defined as the active balancing of long and short positions with similar characteristics or exposures. Ivory monitors a number of different factors including market capitalization, stock liquidity, company leverage, valuations and dividend yields, among others. Ivory believes that having a thorough understanding of such characteristics within a portfolio is essential to managing portfolio risk.

Mark Waissar attended Columbia University and received degrees in both history and economics. After spending three years as a financial analyst with Morgan Stanley, he earned a master of business administration from Harvard Business School. Subsequently, Mark Waissar returned to Morgan Stanley as an executive director in its Investment Banking Department. In the early 2000s, he co-founded GCA Savvian, an independent investment banking firm. He spent a decade advising public companies on mergers and acquisitions before commencing his tenure with Ivory Investment Management.

To learn more about this firm, visit www.ivorycapital.com.