Michael Spelman

Managing Director

Prior to re-joining Optima in 2012, Mr. Spelman was a Managing Director at Oppenheimer Asset Management where he supervised the alternative investments department, advised on strategic asset allocation and headed manager selection for the Global Trading sector. Prior to that, from 2005 to 2009, Mr. Spelman was a Senior Director at Optima Fund Management where he oversaw allocations to Global Macro managers and was in charge of establishing and communicating the firm’s investment outlook. During 2004 and 2005, Mr. Spelman was a Vice President in the Alternative Investments Group at Refco where he developed market risk management policies and technology for derivatives trading portfolios and oversaw allocations to commodity trading advisors. From 1999 to 2004, Mr. Spelman was a risk management analyst for the Quantitative Equities Group at Goldman Sachs with responsibility for monitoring performance, risk budgeting and portfolio construction across institutional client accounts allocated to GTAA, equity market neutral and long-only active strategies. Mr. Spelman began his career in alternative investments as an analyst at Salomon Smith Barney Managed Futures Trading and earlier, as a statistician at Arnhold & S. Bleichroeder Advisers. Mr. Spelman has been involved in the asset management industry since 1995 and holds a B.A. in Asian Studies from Hobart College.