Frank Lortscher, Subset Capital
Frank Lortscher has twenty years’ experience in analytics, finance and data systems. After earning degrees from UC Berkeley and the University of Chicago, he worked as a consultant for American Management Systems and later joined Signet BankCard (which became Capital One in a 1994 spin-off). He served in a series of marketing, analytical and operational roles which culminated in his leadership of Capital One’s Canadian subsidiary. After a decade with Capital One, he left to co-found Heritage Union, a nationwide insurance company which sought to use data to discover new ways to distribute and underwrite life insurance; the company was sold in 2010.
In addition to being the managing partner of Subset Capital, Frank also serves as president of Array Analytics – a “wisdom of crowds” software development company that built the initial platform for Subset’s trading strategy.
About Subset Capital
Subset Capital offers accredited investors systematic investment solutions that fit readily into larger portfolio objectives. Subset Capital services as the general partner to Subset Capital Open Ultra Trader LP, a long-short equity market neutral hedge fund driven by quantitative modeling of both traditional and newly emerging data sources. Position size is typically 5% of capital and maximum capital at risk in any one instrument is targeted for 1%. Position durations vary from one day to one month.