Team

Fund Management

James (“Jay”) Tatum

James (“Jay”) Tatum

Co-Founder, CIO

Ingrid Sternby

Ingrid Sternby

Senior Analyst, Base Metals

Donna Vareha-Walsh

Donna Vareha-Walsh

Head of Physicals Trading

Arlette Umuhoza

Arlette Umuhoza

Senior Analyst, Precious Metals

Lisabel Leon

Lisabel Leon

Quantitative Analyst, Chief Software Architect

Soujanya (“Souji”) Duggirala

Soujanya (“Souji”) Duggirala

Quantitative Analyst

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James (“Jay”) Tatum

James (“Jay”) Tatum

Co-Founder, CIO

  • Co‐founded Valent after serving as a Portfolio Manager at Blenheim Capital Management
  • 18+ years of experience as a metals trader, first as a proprietary trader and then as a portfolio manager
  • Previously a portfolio manager at Millennium Management, The Carlyle Group/Vermillion Asset
  • Management and Susquehanna International Group
  • Joined Vermillion in 2011 to head and manage risk across all of the firm’s funds in base and precious metals. In 2014, launched Vermillion’s Aeris Metals Fund
  • BA in Computer Science from Dartmouth College, and an MBA from the Instituto de Empresa in Madrid, Spain
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Ingrid Sternby

Ingrid Sternby

Senior Analyst, Base Metals

  • 25+ years of experience researching base metals
  • Previously worked as a base metals research analyst at Blenheim Capital Management, Brevan Howard, Barclays Capital, Deutsche Bank and UBS
  • BsC in Business Administration and Economics from Stockholm University and Sorbonne Paris I Pantheon
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Donna Vareha-Walsh

Donna Vareha-Walsh

Head of Physicals Trading

  • 23+ years of experience in minor and base metals trading and procurement
  • Director of Indium Corporation from 2015 – 2022. Led the Trading business and grew the global trading arm of Indium Corp’s Metals, Compounds, Reclaim and Recycling business unit. Oversaw the Global Supply Chain and International Trade Compliance, a role that encompassed all procurement, inventory and logistics activities
  • Prior to 2015, served as Director of Global Procurement for a global premium alloy company and Director of Metallurgical Operations and Procurement for a global tungsten-based business
  • BS in Finance from Duquesne University and MBA from the University of Pittsburgh.  C.P.A.
  • Former Chairwoman of the Minor Metals Trade Association (MMTA), Board Member of the American Tin Trade Association
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Arlette Umuhoza

Arlette Umuhoza

Senior Analyst, Precious Metals

  • 7 years of experience Trading & Researching precious metals and energy E&P
  • Joined Blenheim Capital Management in 2013 as a research analyst focusing on platinum group metals and energy prior to joining Valent
  • BsC in Computer Science from Oklahoma Christian University, Masters in Software Engineering from Carnegie Mellon University, and an MBA from Columbia Business School
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Lisabel Leon

Lisabel Leon

Quantitative Analyst, Chief Software Architect

  • Joined Blenheim Capital Management in 2011 where she programmed, developed and maintained the firm’s risk and allocation systems, and also created quantitative analysis and trading models
  • Previously a partner and Director of Integration at Investor Analytics (IA), a SaaS provider of risk management tools for the hedge fund industry, where she was responsible for designing the back-end platform for appropriate modeling and proxies
  • Formerly, Associate in the Hedge Fund Administration at Derivative Portfolio Management (DPM), where she was Vice President of the Futures and FX technology platform and managed a coding team of 20 people
  • B.S in Computer Science / BA in Economics and Rutgers University
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Soujanya (“Souji”) Duggirala

Soujanya (“Souji”) Duggirala

Quantitative Analyst

  • Joined Valent in January 2023 as an Analyst to contribute fundamental and quantitative data analysis, maintain existing models, and create/present novel models and trade ideas to the CIO
  • Previously a Quantitative Researcher Intern at Soros Fund Management, a Data Scientist at IBM, and a Summer Analyst in Quantitative Analytics at Bank of America Corporation
  • BS in Industrial & Systems Engineering, Minor in Economics from Georgia Institute of Technology, MS in Financial Engineering with a Concentration in Machine Learning from Columbia University

Firm Management

Terence R. Kooyker

Terence R. Kooyker

Co-Founder, Partner, CEO, CRO

Gus Rossi

Gus Rossi

CFO, Managing Director

Anne S. Forbes

Anne S. Forbes

Head of Investor Relations

Matt Griffith

Matt Griffith

Head of Operations

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Terence R. Kooyker

Terence R. Kooyker

Co-Founder, Partner, CEO, CRO

  • Co‐founded Valent after serving as Partner, Managing Director and Portfolio Manager at Blenheim Capital Management (BCM), which he joined in October 2007
  • At Blenheim, diversified his commodity coverage to include most sectors of the commodity complex. Led Blenheim’s expansion into coal, minor precious metals, rare earth elements and other physical metal markets, and energy basis
  • From 2016, as Partner, he helped oversee the Firm's overall risk exposure and operation, and served on BCM’s allocation committee which determined PM allocations of the $9 billion in peak assets
  • Graduated with honors from Columbia Business School with an MBA, with distinction from Oxford University with an MSc in Science and Medicine of Athletic Performance, and Brown University with a BSc in Neuroscience
  • Serves as Senior Advisor to the World Bank for Sustainable Development in South America
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Gus Rossi

Gus Rossi

CFO, Managing Director

  • Previous to Valent, Senior Managing Director, Chief Financial Officer and a minority owner of Blenheim Capital Management, which he joined in April 2006 and was responsible for administrative and financial matters at the firm
  • From September 1999 to March 2006, Vice President and the Controller of Financial and Taxation Reporting at DPM Mellon, LLC and its predecessor, Derivatives Portfolio Management LLC, where he was responsible for all clients’ monthly and annual financial reporting to investors, as well as managing all year‐end audits and tax return data, with a staff of over 54 accountants
  • From September 1997 to September 1999, Supervisor of the Taxation Department at Caxton, where his responsibilities included the managing of the tax staff, researching tax compliance issues, and preparing tax returns for all entities in the Caxton umbrella of funds
  • Graduated from The University of Scranton with a BS in Accounting and received CPA certificate from the state of Pennsylvania
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Anne S. Forbes

Anne S. Forbes

Head of Investor Relations

  • Joined Valent at inception with responsibility for investor relations
  • Prior to Valent, member of the investor relations team at Blenheim Capital Management, L.L.C. from August 2014 through September 2019. Joined Blenheim from Deutsche Bank Inc. where she was responsible for U.S. listed derivative clearing and was both a relationship manager and product specialist for listed derivatives and OTC clearing. Prior to joining Deutsche Bank in 2007, Ms. Forbes started her career as an Associate in the listed derivative space at Morgan Stanley
  • Graduated from the Sellinger School of Business and Management at Loyola University in Maryland with a BA in International Business
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Matt Griffith

Matt Griffith

Head of Operations

  • Leads middle office duties and trade processing for the firm and assists risk, compliance and accounting functions, as well as portfolio management/front office, on matters involving Valent’s trading operations
  • Prior to Valent, Operations Manager at Blenheim Capital Management since December 2007. Joined Blenheim from Stonebrook Structured Products, a commodities-based hedge fund, as a back office analyst. Prior to joining Stonebrook, Mr. Griffith started his career as a monthly reconciliation associate at Derivatives Portfolio Management in August 1998
  • Mr. Griffith graduated from Kutztown University with a BS in Finance

Welcome to Valent Asset Management

This website is issued by Valent Asset Management LLC (“VAM”), a Delaware limited liability company. VAM is registered with the CFTC as a commodity trading advisor (CTA) and is a member of the NFA in such capacities. Valent Fund Management (VFM) is registered with the CFTC as a commodity pool operator (CPO) and a commodity trading advisor (CTA) and is a member of the NFA in such capacities.

The materials in this website have been provided for informational purposes only.

The CFTC requires that prospective clients of a CTA recieve a disclosure document when they are solicited to enter into an agreement whereby the CTA will direct the clients’ commodity interest trading. This document contains certain risk factors and will be provided upon request. This brief statement cannot disclose all of the risk factors associated with commodities markets. All disclosures must be studied carefully and assessed in light of each potential investors’ financial condition. The CFTC has not passed upon the merits of participating in any funds or series offered by VAM nor on the accuracy of the disclosure document or offering memorandum.

This website is not intended as an advertisement or an offer of sale of the securities of any fund managed by VAM. The information contained herein does not constitute an offer to sell or the solicitation of any offer to buy any securities and or derivatives in any jurisdiction and may not be reproduced, distributed or published by any person for any purpose without the prior written consent of VAM. Any such offer or solicitation may, subject to applicable securities laws, only be made by the relevant Confidential Private Placement Memorandum to appropriately qualified investors. Under no circumstances is the information contained herein to be construed as a prospectus or advertisement.

The risk of loss in trading commodities is substantial. Other disclosure statements are required to be provided to you before a commodity account can be opened on your behalf.

Funds described herein operate under a CFTC Regulation 4.7 Exemption. Thus, Funds described herein may only accept investors that meet the description of Qualified Eligible Persons as defined in CFTC Regulation 4.7.

Please acknowledge your understanding of this statement.

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