Victor Haghani (born 1962) is an Iranian-American founder of Elm Wealth, a research-driven wealth advisor and manager.
Haghani was one of the founding partners of Long-Term Capital Management (LTCM), a hedge fund which collapsed in 1998 and was eventually recapitalized and restructured by a consortium of leading banks. Policy Discussion Paper no. 07-19.Report of the President's Working Group on Financial Markets on Hedge Funds, Leverage, and the Lessons of Long-Term Capital Management (LTCM) 28 April 1999. https://www.cftc.gov/sites/default/files/tm/tmhedgefundreport.htm
Accessed 31 December 2021 "…involved the recapitalization of the LTCM Fund through mutual investments by its major counterparties in a recently set up feeder fund and a relatively small investment in a newly set up limited liability company which became a new general partner of the LTCM Fund…the consortium would acquire the remaining 90 percent ownership share, as well as operational control of LTCM…" (The LTCM Episode, Section B: LTCM’s Near Failure)
He was a founding partner of LTCM and after the liquidation of LTCM became a founding partner of JWM Partners which managed a successor fund to LTCM.
After LTCM, he became a founding partner of JWM Partners, which managed a successor fund to LTCM. Since then, he has been involved in a variety of activities, including consulting and board assignments, becoming a "name" at Lloyd's of London and learning how to pilot airplanes.
He has conducted research into asset allocation and low cost wealth management strategies, and he founded Elm Partners in 2011 to put those ideas into practice.TEDxASL "Theme: Empowering a community through one"
Among other topics, James White and Victor Haghani discuss the field of ergodicity economics in their book The Missing Billionaires.
/ref> Elm uses index-tracking funds to invest across the largest asset classes and tries to give its clients broad exposure to global economic growth at the lowest possible cost.
Books
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