General Investing >> Money Manager Interviews >> December 11, 2015

Using a Market Cycle Outlook in a Differentiated Investment Strategy

Calfo, Lee
Lee Calfo is a Co-Founder of Bluestone Capital Management. Mr. Calfo has over 12 years of experience in portfolio management and research on financial services firms. He was previously the Chief Investment Officer of Green Mountain Capital, L.P., and a Portfolio Manager for 1914 Advisors, a division of Boenning & Scattergood; prior to that he was with Cohen & Company having responsibility for portfolio management and investment research. At Cohen & Company he served as Chief Investment Officer and Portfolio Manager of the firm’s equity hedge fund, and prior to that was Director of Research. In addition, he helped develop and oversee the firm’s Bank & Trust Preferred collateral management program, which grew to over $10 billion in assets, and served on its credit committee. Previously he worked at Miller & Jacobs Capital in the capacity of Equity Research Analyst for the financial services-focused Acadia Research Group and Acadia Hedge Fund divisions. Prior to that he was a Senior Analyst with Emerald Asset Management. Mr. Calfo has a B.S. in finance from Penn State University. He holds the FINRA Series 7, 24, 63, 65, 79, 86 and 87 licenses. Profile
TWST: What made you decide to form Bluestone Capital?

Mr. Calfo: I had worked in the business for 10 years as a sellside and buy-side Research Analyst and then as