Boothbay Fund Management strives to integrate non-correlated positive expectancy strategies into a unified portfolio that creates value for our investors.

Ari Glass

Ari is the Founder, CIO and CEO of Boothbay and serves as the Head of the Investment Committee. He manages the investment team, oversees the manager sourcing, monitoring, and selection process, and is ultimately responsible for all allocation and portfolio construction decisions.

Before founding Boothbay, Ari was the President of Paine Heights Management, where he managed a special opportunity hedge fund. From 2007 to 2009, he served as the President of Platinum Management, and was responsible for selecting liquid portfolio managers for Platinum’s Multi-Manager private investment funds.

From 2000 to 2007, Ari was the Chief Operating Officer of Intrepid Capital Management, a $2.5 billion hedge fund seeded by Soros Fund Management and spun out of Tiger Management. He oversaw all business related activities and, in 2004, launched Intrepid Associates an affiliated entity focused on adding fund managers to Intrepid’s platform. From April 1998 to August 2000, Ari was the Chief Financial Officer at Vector Capital Management, a statistical arbitrage hedge fund.

Ari graduated with honors from Queens College with a B.A. in Accounting and Information Systems.

Michael Weaver

Michael joined Boothbay as Chief Operating Officer in July 2023. Before joining Boothbay, he was the Director of Business Strategy for Voloridge Investment Management, overseeing the strategic growth and development of new business opportunities. He also served as a consultant to ALK Capital Partners, advising on their acquisition of Burnley Football Club.

Prior to ALK, Michael was the Chief Operating Officer of Surveyor Capital at Citadel, with direct oversight of business strategy and management. He spent seven years at BlackRock as a Managing Director and was the CFO and a Founding Senior Partner for R3 Capital Partners, a global multi-strategy credit investment firm. His earlier experience includes seven years at Lehman Brothers in fixed income trading and proprietary trading roles.

Michael earned B.A.s in Economics and Political Science with High Honors from Kenyon College, graduating Magna Cum Laude and is a member of Phi Beta Kappa. He also holds an M.B.A. with distinction from the UCLA Anderson School of Management.

Freddie Richardson

Freddie joined Boothbay in July 2013, prior to the launch of Boothbay Absolute Return Strategies. Throughout his tenure, he has worked in multiple areas of the firm, including manager sourcing, onboarding, and counterparty relationships. Since 2019 he has served as Chief Marketing Officer where he oversees investor relations and capital raising, and maintains institutional relationships for the firm. Prior to joining Boothbay, Freddie worked as an underwriting associate for Atrium Underwriters Ltd. and a risk associate for XL Group in the UK.

Freddie received his BSc in Biochemistry from The University of Leeds, England, and holds an M.B.A. from Columbia Business School in New York.

Ryan Nelson 

Ryan joined Boothbay in January 2024 as the Head of EMEA. Before joining Boothbay, Ryan was Managing Director and Head of EMEA Equities and Co-head of Global Prime Services at Credit Suisse, responsible for all market risk in the EMEA region. He also served as the UK Senior Manager (SMCR) for the Equity Research, Equity Capital Markets, and Global Equities business, and was a member of the Investment Bank’s Executive and Risk Committees. Prior to Credit Suisse, Ryan worked at UBS, where he was Managing Director and Co-Head of Global Equity Finance based in New York. He started his career at MSCI Barra as an equity risk model consultant.

Ryan has a B.A. and M.B.A. from Union College. He is also a United States Federal Aviation Administration Private and Instrument Rated Single Engine Airline Pilot.

Justin Joo

Justin joined Boothbay in 2019 and serves as the Investment Director for Equities. From 2015 to 2019, Justin was a Senior Associate at EnTrustPermal focused on Investment Research. Prior to EnTrustPermal, he was an Analyst at Morgan Stanley Wealth Management and a hedge fund Research Associate at Cambridge Associates.

Justin holds a B.A. in Economics and a B.A. in Psychology from Boston College. He is a member of the New York Society of Security Analysts, the CFA Institute, and the CAIA Association and is a CFA and CAIA charterholder.

Peter Richards

Peter joined Boothbay in May 2021 as the Investment Director for Fixed Income. He oversees manager research, capital allocation, co-investments, primarily focusing on cross-asset arbitrage and relative value strategies. Prior to joining Boothbay, Peter was an Associate Director in Portfolio Management at PAAMCO Prisma from 2015 to 2021, focusing on cross-asset relative value hedge fund investments, emerging managers, and customized separately managed accounts.

From 2010 to 2013, Peter worked at Raymond James Argentina as a sell-side Equity Research Analyst covering the Natural Resources industry for Latin America. From 2008 to 2010, he worked at NFD Agro as a Private Equity Analyst focused on agribusiness investments in Latin America.

Peter graduated from Universidad Católica Argentina with a B.S. in Economics. He earned an M.B.A. from The University of Chicago Booth School of Business. He holds the CQF designation and is a CFA charterholder.

Dr. Can Aysal

Dr. Can Aysal joined Boothbay as Chief Investment Officer of Quantitative Strategies in May 2023. Since joining Boothbay, he has been responsible for building and expanding our quantitative investment platform, Boothbay Quantitative Management (BQM). Can trades multiple strategies on the BQM platform already in areas such as US cash equities and global futures, and is continuing to expand into additional strategies, asset classes and geographies. He is also responsible for recruiting new portfolio managers to join BQM along with investment and management oversight of the BQM platform.

Over the course of his 15 years quantitative finance career prior to joining Boothbay, Dr. Aysal was the Head of Statistical Arbitrage – Equities and Futures at Chicago Trading Company; Head of Alpha Team – Quantitative Portfolio Manager at Point72; and Research Director – Investment Management at Winton. As part of his academic training, Dr. Aysal was a Postdoctoral Researcher at Cornell University and McGill University, he has a Ph.D. in Electrical and Computer Engineering from University of Delaware and a B.Eng. in Electrical and Communications Engineering from Istanbul Technical University.

Shane Burn

Shane Burn joined Boothbay in 2014 and is the co-Chief Risk Officer. Prior to joining Boothbay, Shane was Managing Director at Lake Hill Capital, served as the Chief Financial Officer and Titan Capital, and Chief Investment Officer of Insana Capital Partners, a fund of hedge funds.

Shane also spent time at ACAM Advisors as a Senior Analyst, Double Alpha Group as a senior trader and portfolio manager, J.P. Morgan as a Vice President in the Equity Derivates Group, and a proprietary trader at Niederhoffer Investments.

Shane earned an M.B.A. in Finance from the Stern School of Business at New York University, where he was a Leonard N. Stern Scholar, and an undergraduate degree in Economics from Johns Hopkins University

Jeffrey Garnett

Jeffrey Garnett joined Boothbay in 2024 and is the co-Chief Risk Officer. Before joining Boothbay, he was Chief Risk Officer at Antara Capital, where he was responsible for creating the risk framework and overseeing portfolio construction. Prior to that, he served as Chief Risk Officer at TPRV Capital, supervising all aspects of risk management from the firm’s inception.

Prior to TPRV, he spent nine years at Fortress Investment Group. While at Fortress, Jeffrey was responsible for risk management of the global macro hedge fund and other strategies operated by the firm’s Liquid Markets business.

Mr. Garnett earned an B.A. in English and Spanish, cum laude in General Honors from the University of Colorado in 1996. He is a CFA charter holder and Financial Risk Manager (FRM).