Dr. Dravid has more than 35 years of experience in industry, academia, and financial services. As CIO, Dr. Dravid is involved in day-to-day portfolio management for all of Ampersand’s offerings. He also participates in the conception, development, and implementation of new products. From 2004 to 2006, he was President of Saranac Capital Management, a separate entity spun out from Citigroup to manage more than $3 billion in hedge fund assets. From 1996 to 2004, he was a Director and then a Managing Director at Salomon Brothers and Citigroup, where he helped build and manage the hedge fund business and platforms. He was a co-portfolio manager for the Multi-Strategy Arbitrage funds, a quantitative analyst for the Equity Long-Short funds, and head of the Risk Committee. He was also involved in the structuring and marketing of funds and in client service. From 1993 to 1996, Dr. Dravid was a Vice President in the Asset Allocation Research Group of Salomon Brothers. Prior to this, he was an Assistant Professor of Finance at the Wharton School. He has published numerous papers in leading academic and practitioner journals including Journal of Finance, Journal of Financial Economics, and Journal of Derivatives. Dr. Dravid received a BSc in Physics from the University of Poona (India), an MA in Physics from SUNY at Stony Brook, an MBA in Finance and Marketing from the University of Rochester, and a PhD in Finance from the Graduate School of Business at Stanford University. He currently holds a CFTC/NFA Series 3 registration.
Investment Capabilities
Ampersand specializes in the construction, implementation and monitoring of bespoke multi-manager portfolios as well as the evaluation of traditional equity and fixed income strategies within an overall portfolio construction framework.
Averaging 25 years of institutional investment and structuring experience, the Ampersand team has deep research capabilities and over a decade of managing multi-manager portfolios.
Institutional Services
Our global investment capabilities along with our breadth of expertise allows us to offer institutions and sovereign clients bespoke investment opportunities.
The Ampersand private and independent ownership model appeals to investors that place an emphasis on confidentiality, while our focus on innovative investment management helps aligns our goals with those of our clients.