Dr. Vinay Nair
Dr. Vinay Nair is the Founding Principal of Ada and leads the firm’s investment and business strategy. Prior to Ada, he was an Assistant Professor of Finance at The Wharton School at the University of Pennsylvania. He worked at Old Lane LP, where in addition to serving as Research Director, he managed a long-short equities portfolio based on his academic research. Much of his academic research focused on understanding the impact of corporate behavior and firm characteristics on valuation and long-term asset returns. Dr. Nair has published in leading finance journals, and is sought frequently as an expert on Investment Management, Emerging Markets, and Sustainability and Corporate Finance. He authored 'Investing for Change' (Oxford University Press, 2008), a book on the use of social variables in investment management. Dr. Nair is currently a visiting professor at The Wharton School, and has held visiting positions at The Indian School of Business, and The Graduate School of Business at Columbia University. He completed his PhD in Financial Economics from the Stern School of Business at New York University with an award for the best thesis. His undergraduate studies were at the Indian Institute of Technology, where he was awarded the Governor's Gold Medal for curricular and extra-curricular excellence.
Dr. Bilge Yilmaz
Dr. Bilge Yilmaz is a Principal of Ada and focuses on investment research and research partner recruiting. He is also the Wharton Private Equity Professor and Professor of Finance at The Wharton School at the University of Pennsylvania, where he founded the Alternative Investments Program. He has published in leading academic journals including the top three in the field; Econometrica, American Economic Review and Journal of Political Economy. Before moving to Wharton, Dr. Yilmaz taught at the Graduate School of Business at Stanford University, and held visiting positions at the University of Chicago and INSEAD. He received his B.S. degrees in Electrical Engineering and Physics from Boğaziçi University, and his M.A. and PhD in Economics from Princeton University.
Mr. Nikhil Sudan is a Principal of Ada and leads operations and technology. Mr. Sudan has distinctive experience managing and turning around technology-enabled organizations at top-tier global financial services firms. Prior to joining Ada, he was at Bridgewater Associates, a global investment manager, where he drove the strategic multi-year transformation of middle- and back-office operations, and led a renovation of how technology is managed. Previously, as a senior management consultant at McKinsey & Company, he delivered top- and bottom-line business impact at institutions across the US, Europe and Latin America. Earlier in his career, as an engineer at Cisco and GE, he applied technology to improve sales effectiveness and efficiency. Mr. Sudan earned an M.B.A. in General Management with distinction from INSEAD and a B.Sc. summa cum laude in Computer Engineering and Economics from Union College.
Mr. Sachin Shah is a Principal of Ada and focuses on financial planning and strategic initiatives. Prior to joining Ada, Mr. Shah was responsible for developing and managing the Emerging Manager Fund Allocation platform at RBC Capital Markets as a senior member of the Global Prime Services management team. Previously, he was a Founding Partner at Carlin Financial/Nextgen Trading Group, a hedge fund services and software company, where he was responsible for the Prime Brokerage business and firm-wide risk management. Earlier in his career, he worked in equity research for US Trust, RBC, and Bank of America. Mr. Shah earned a B.B.A. in Finance from The George Washington University.
Advisory Partner (Sector Specialist)
Dr. Chris Mayer
Dr. Christopher Mayer is an Advisory Partner of Ada Investments. He is also Paul Milstein Professor of Real Estate at Columbia Business School, where he previously served as Senior Vice Dean and Director of the Paul Milstein Center for Real Estate. Prior to joining Ada, Dr. Mayer was Research Director and Board Member of Oak Hill REIT Management, a real estate-focused hedge fund, from 2004-2011. Dr. Mayer earned his PhD in Economics from the Massachusetts Institute of Technology in 1993 and previously held positions at The Wharton School and the Federal Reserve.
Mr. Bloom has more than 30 years’ experience in the alternative asset management business, and is currently a founding partner of Tallwoods Partners, a multi-family investment office located in White Plains, NY. In 1983 he was one of five founding partners of Susquehanna International Group, a global proprietary trading firm, and in 1999 he founded and managed Sagamore Hill Capital Management, a multi-billion dollar multi-strategy hedge fund. Mr. Bloom received a BA from the State University of New York at Binghamton, an MPH from the University of Michigan, an honorary degree of Doctor of Humane Letters from the State University of New York, and holds the CFA (chartered financial analyst) designation. He is actively involved with several volunteer philanthropic endeavors including serving as: a Trustee and past Vice-Chair of the Board of Trustees at the New School University, Chairman of the New School’s Investment Committee, Past Chair of the Board of Governors of the New School for Public Engagement at the New School University, Vice Chairman of the Binghamton University Foundation and past Chairman of its investment committee, and a member of the Dean’s Advisory Board at the University of Michigan School of Public Health. Steve worked as an environmental scientist for several years before entering the investment field.
Dr. G. Felda Hardymon
Dr. G. Felda Hardymon is a Senior Partner at Bessemer Venture Partners and the MBA Class of 1975 Professor of Management Practice at Harvard Business School.
Dr. Hardymon joined Bessemer Venture Partners (BVP) as a general partner in 1981. BVP is among the oldest venture firms, and invests approximately $250 million annually worldwide and has over $3 billion under management. At BVP, Dr. Hardymon has led BVP's investment in a number of young companies in the software, communications and retail sectors.
Dr. Hardymon served on the Board of Directors of the National Venture Capital Association for a number of years in the 90's where he was Chairman of the Tax Committee. He currently serves on seven private company boards as well as on the board of directors of Silicon Valley Bancshares (NASDAQ:SIVB). He advises several Venture Capital and Private Equity firms by sitting on investment committees and LP advisory boards. In 2010 he was the recipient of the NVCA’s Lifetime Achievement Award.
Dr. Hardymon joined the HBS faculty in 1998, and with Josh Lerner, developed the second-year MBA elective Venture Capital and Private Equity. He teaches in--and has been course head for--the Private Equity and Venture Capital Executive Education program held each fall.
Dr. Hardymon graduated from Rose Polytechnic Institute with a degree in mathematics. He attended Duke University, where he earned a Ph.D. in mathematics and remained at Duke to teach, eventually serving as Duke's Director of Systems and Research. He left Duke, and an academic career, to attend HBS (MBA '79, Baker Scholar), and in 1979 joined Business Development Services, Inc. (BDSI), the venture capital subsidiary of General Electric.
At BDSI, Dr. Hardymon became a Vice President and was an investor in the start-up of Stratus Computer (the second fault-tolerant computer company, later sold to Ascend), the turnaround of Western Digital (a communications chip company, later to become a disk drive company), and the growth financing of Ungermann-Bass (the first local-area network company, later sold to Newbridge Networks).
Dr. Hardymon is a recipient of the National Venture Capital Association Lifetime Achievement award.
Mr. Kranefuss joined Warburg Pincus as an Executive-in-Residence (EIR) in 2012. Mr. Kranefuss will work to help Warburg Pincus identify and evaluate investment opportunities in the areas of exchange-traded funds (ETFs), index investing and asset management, particularly in Europe, Asia and Latin America.
Mr. Kranefuss was the architect and Global Chief Executive Officer (CEO) of iShares, part of Barclays Global Investors (BGI), where he built the largest global ETF platform. Mr. Kranefuss oversaw the global expansion of iShares from launch in 2000 to over $600B in assets in 2010. While at BGI, Mr. Kranefuss was a member of the Executive Committee, and – in addition to running iShares - managed all of BGI’s institutional indexing, money market, asset allocation, portfolio restructuring, securities lending and private equity businesses, which comprised total assets of more than $1.5 trillion. Subsequent to the acquisition of BGI by BlackRock, Mr. Kranefuss worked on post-merger integration and transition management before departing BlackRock in 2010.
Dr. Matt Rhodes-Kropf
Professor Matthew Rhodes-Kropf is a member of the Entrepreneurial Management Unit at Harvard Business School, where he teaches the Venture Capital and Private Equity course, and specializes in mergers and acquisitions, venture capital, hedge funds, and corporate governance. Professor Rhodes-Kropf is also currently the Chairman of Ada Investments, an innovative alternative asset management firm which manages and implements a unique program of systematic and consistent investment strategies globally. He is also an advisor to Correlation Ventures, a new breed of venture capital firm that leverages world-class analytics to make faster and better venture investment decisions. Moreover, he is a director at Xenex and at Neighbourhood Trust, a credit union and financial education program focused on low-income individuals, and on the board of advisors of Duke University’s Graduate School.
Previously Professor Rhodes-Kropf founded RK Ventures, an early-stage venture capital company with a focus on finance, technology, and biotech companies. RK Ventures funded companies— including Rackspace (NYSE: RAX), Avid Radiopharmaceuticals (sold to Eli Lilly), Cardiac Concepts, Xenex, and Axioma— that have gone on to raise an aggregate of over $200 million from leading institutions and create billions in market value. Professor Rhodes-Kropf has served as acting CFO of and member of the board of Avid Radiopharmaceuticals since its founding. Professor Rhodes-Kropf was formerly the Daniel W. Stanton Associate Professor of Business at the Columbia University Graduate School of Business, where he received the Dean’s Award for Teaching Excellence.
A graduate of Duke University, Professor Rhodes-Kropf holds a BA in computer science and economics and an MA and Ph.D. in economics.
Mr. Tinsley is an advisory director at General Atlantic, a global private equity firm, where he has worked since 1999. He provides specific expertise in strategy and global expansion, and is a director at two GA portfolio companies: Net 1 and Critical Path. He also serves on the board of BMC Software.
Previously, Mr. Tinsley served as chairman and CEO of Baan Company, NV, and as a director at McKinsey & Company, where he worked for 18 years.
Currently, he serves on the boards of BMC Software, and Guidestar USA, Inc.
Mr. Tinsley received a BA from the University of Notre Dame in 1975 and an MBA from the Stanford Graduate School of Business in 1978.
||Ada's 23 member global team includes 16 research professionals, including several PhD's, who remain affiliated with leading business schools.