Charles Krueger is a hedge fund portfolio manager with over 25 years of experience in global markets, volatility arbitrage, risk management, and hedge fund development. He currently manages the equities and derivatives trading for a $700 million multi-strategy hedge fund. Previously he was a sales consultant and hedge fund manager focused on volatility arbitrage. Krueger has also held senior trading and risk management roles for several investment firms in Australia, Switzerland, and New York. He has an MBA from UCLA and is fluent in English, French and Russian.

1. Charles J Krueger MBA, CAIA
100 Warren St., Suite 1710, Jersey City, NJ 07302
+1.201.706.1221 ckrueger99@me.com
HEDGE FUND PORTFOLIO MANAGER
Proven global expertise in multi-asset, derivatives and portfolio management. Developer of profitable trading
strategies in volatile market conditions and environments around the world. Risk management exposure and
trading in both large and small firms, while maintaining practical, entrepreneurial ability to grow and retain
financially rewarding business. Consistently demonstrates ability to manage complex and challenging trading
and leadership situations. Conversant in French and Russian.
Global Markets Expert Hedge Fund Development Risk Management
Volatility Arbitrage Equity Derivatives & Options Correlation Arbitrage
Due Diligence Prime Brokerage Crisis Management
PROFESSIONAL EXPERIENCE
Manikay Partners LLC New York, NY 2011-Present
Senior Equities and Derivatives Trader
• Advise an existing $700 mm multi-strategy hedge fund on establishing an in-house volatility arbitrage
book. This book includes implied correlation and dispersion positions not previously traded in house.
• Actively trade and manage fund’s Asia-Pacific long/short equities book, having initiated and extended
equity brokerage relationships with bulge-bracket firms in Hong Kong, Japan and Australia. Results are
above market trends in a sideways, volatile market.
Oak Point Investments S.A.R.L. Geneva, Switzerland 2008-2010
Sales Consultant (2009-2010)
• Sales consultant for a Hedge Fund 3rd Party marketer; established excellent relationships on the Geneva
private banking and Fund-of-Funds side. Sales over $50 million in difficult market conditions.
• Assisted clients in initial hedge fund due diligence, particularly in understanding volatility arbitrage,
implied correlation and tail risks.
Hedge Fund Manager (2008-2009)
• Completed initial due-diligence on setting up a Vol Arb hedge fund. Made contacts with Prime Brokers,
prospective seed investors, potential trader-colleagues, etc. The Hedge fund remains ready for trading as
unfavorable market conditions change.
Liquid Capital Australia Sydney, Australia 2005-2008
Equity Derivative Trader & Risk Manager
• Headed the firm’s Australian Equity and Index Options trading desk. More than doubled list of stocks
covered and brokers with whom dealt.
• Developed Asia-Pacific expertise and built working relationships with other index traders in other Asia-
Pacific markets, particularly with the Nikkei, Kospi and Hang Seng desks.
• Appointed as the firm’s “ASX Markets Responsible Executive”, the key liaison between the firm and
ASX, to ensure compliance with exchange rules and procedures.
• Mentored and coached junior traders and clerks, fast-tracking their skills and knowledge, resulting in
quicker self-sufficiency and reduced risk to the firm.
• Developed and Implemented SABR model of stochastic volatility, with GARCH curves of ATM
volatilities. Worked with other traders in managing skew and smile risks and deciding which volatility
backbones to use in various markets.

2. Seneca Funds Management LLC New York and Sydney 1998-2001; 2002-2005
Hedge Fund Manager and Owner
• Built new, Cayman Islands-domiciled equity-derivative hedge fund and local NYC-based management
company from scratch, including prime broker, accounting, legal and administrator relationships.
• Traded hedge fund, employing volatility arbitrage and implied correlation strategies.
• Created ASX-member Options trading firm, including application for exchange membership and ASIC
regulatory approval. Set up relationships with trading software provider and prime broker.
• Co-developed customized software and established working relationships with independent
programmers, ensuring success from implementation to on-going maintenance.
• Traded a small number of Australian equity options classes, averaging 800 contracts per day, roughly
1% of Australian Options Market volume. Revenue averaged above $2 mm over 5 years.
Knight Financial Products Sydney 2001-2002
Equity Derivative Trader & Risk Manager
• Traded and managed risk in the Australian Equity Options Market on the ASX OM electronic market,
using Orc software client and auto-trader. Operation was profitable, despite being a period of declining
volatility (except for Sep. 11 spike), margins, and tight risk parameters. Market share approximately 5%
of Australian market.
• Managed three other market-makers. All three were trading profitably by year end.
• Traded the Korean KOSPI index options market which resulted in $3mm profit in first year.
UBS Investment Bank Sydney and London 1991-1998
Executive Director
(London, 1996-1998)
• Ran Asian equities trading desk (5 traders), managing UBS’ Asian equity risk in London time.
• Traded Nikkei warrants listed in Frankfurt & Zurich. Traded OTC index and equity options with clients.
Assisted in pricing of large or unusual block equity trades.
(Sydney, 1991-1996)
• Founded and managed UBS’ floor presence in equity options market-making on the Australian Stock
Exchange including technology and operations. Grew the operation from a single trader to the largest
and most profitable floor operation in Australia, with over ten traders and clerks.
• Traded large number of Australian stock options over large variety of Australian equities. Acquired and
maintained market-dominant position.
• Traded other equity products, such as convertibles, warrants, NY-listed ADRs, rights issues, equity
block trades.
• Established equity options trading over New Zealand stocks - market share over 80% despite UBS
having no physical presence in that country at that time.
• Passed "O'Connor" two- and three-week training courses in equity derivatives pricing theory and
practice in London & Chicago offices.
Macquarie Bank Ltd., Sydney 1987-1991
Manager
• Traded equity options on Australian stocks for a leading Australian market-making firm and broker.
• Set up convertible bond trading and traded index arbitrage.
EDUCATION & ACCREDITATION
Chartered Alternative Investment Analyst (CAIA) April, 2012 - Charter Number 6766
Anderson Graduate School of Management, UCLA. - Master of Business Administration. (Finance)
University of California at Santa Cruz, Santa Cruz, Calif. —B.A. (Biology)
PROFESSIONAL AFFILIATIONS
Chartered Alternative Investment Analyst Association (CAIA)
Professional Risk Managers International Association (PRMIA)
The Hedge Fund Association
Quantitative Work Alliance for Applied Finance Education and Wisdom (QWAFAFEW.org)
• member of NY steering commitee
Manager of ‘Volatility Arbitrage Traders’ group on LinkedIn (1,500+ members)
LANGUAGES
English, French and Russian