Management Team
Nick Cherney, CFA, CIO
Nick co-founded VelocityShares in 2009. Previously, he worked at Barclays Capital in New York and had product development and management responsibilities for iPath ETNs. Previous to his role with Barclays Capital, Nick was a portfolio manager for iShares at Barclays Global Investors in San Francisco where he managed over $25 billion of ETF assets across asset classes. Prior to that, he was an index research analyst at Barclays Global Investors. Nick has appeared on CNBC and Bloomberg TV and is frequently quoted in the Financial Times, The Wall Street Journal, Reuters, Barron’s, and other leading financial publications. Nick holds a BA with Highest Honors in Economics from UC Berkeley and is a CFA charterholder.
Richard Hoge, LL.M, J.D., CFO
Rich co-founded VelocityShares in 2009. Previously, Rich was Managing Director and head of the US Structured Capital Products Group at Natixis. Prior to his career in banking, Rich practiced as a tax lawyer and CPA. He has held positions in the Office of the Chief Counsel of the IRS and as a partner with KPMG. Rich holds an LL.M in Taxation from New York University, a JD Cum Laude from St. John’s University, and a BBA from Hofstra University. He is admitted to the New York and District of Columbia Bars.
Steven Quinn, Head of Distribution
Steve has over 17 years of experience in the financial markets, primarily in institutional equity sales. Prior to joining VelocityShares, he managed a team at UBS that was responsible for delivering the firm’s capabilities to some of the largest hedge funds and investment complexes in the US. Previously, he was an Executive Director with JP Morgan working with large asset managers in Chicago and New York. Prior to his career at JP Morgan, Steve was in portfolio management at Bankers Trust private bank. Steve holds a BA in Business Administration from Fordham University and a MBA from New York University.
Distribution Team
William Lloyd, Managing Director
Will is a Managing Director at VelocityShares, and has more than 25-years experience in the financial markets. He was previously a Portfolio Strategist at Bridgewater Associates, and prior to joining Bridgewater he was a Managing Director at Barclays Capital responsible for building and managing securitization research, portfolio strategies, and index products. While at Barclays he was a founding board member and actively involved in the development and growth of iBoxx plc, Europe’s leading multi-dealer index provider for fixed income and CDS. Prior to Barclays he was a Director in Portfolio Strategies at Credit Suisse First Boston. He received an MBA from Columbia University and a BA from Union College.
Scott Weiner, DPhil, Managing Director, Head of Quantitative Strategy
Scott is Managing Director and Head of Quantitative Strategy for VelocityShares. Prior to joining the firm, Scott was Managing Director and U.S. Head of Equity Derivatives and Quantitative Strategy at Deutsche Bank, where he was twice voted to the All-America Research Team in Equity Derivatives Research by Institutional Investor (II). II also recently ranked Scott one of the top ten equity research analysts on Wall Street for Client Responsiveness and Investment Ideas. His research has been published in Mathematical Finance as well as the Journal of Business and Economic Statistics. Scott holds a Finance degree from the Wharton School of the University of Pennsylvania, and Masters and Doctoral degrees in Economics from the University of Oxford.
Jay Kirkorsky, Director
Jay has fifteen years of buy-side experience. In his prior role, he built and managed equity and fixed income trading desks for various Allianz subsidiaries including – Oppenheimer Capital, PIMCO Advisors and Allianz Global Investors. Jay holds a BS and an MBA from New York University’s Stern School of Business.
Daniel Aronson, Director
Dan is a 10-year veteran of the financial markets. He joined VelocityShares from Societe Generale where he was a member of the Investment Solutions Group. In this role he developed derivative-based strategies across asset-classes for family offices and registered investment advisors. Prior to Societe Generale, he was part of Merrill Lynch’s Private Client Group on the OTC derivatives desk. He started his financial career working with long/short equity hedge funds as a member of Deutsche Bank’s institutional equity sales desk. Dan holds a BS in Economics from the Wharton School of the University of Pennsylvania and an MBA from Columbia Business School. He is a Level 3 CFA candidate.
Andrew Hicks, Vice President
Andy has eight years of experience in the financial markets. Prior to joining VelocityShares, he was at Deutsche Bank where he moved from the Portfolio Strategies trading desk to institutional sales. He started his financial career trading futures and options on the floor of the Chicago Board of Trade. He holds an MBA “with honors” in Investment Strategy from the Tepper School of Business at Carnegie Mellon and a BS in Finance from The University of Denver.
Benjamin Wang, CFA, Vice President
Ben is a member of VelocityShares’ Quantitative Strategy team. Prior to joining the firm he spent five years at Goldman Sachs Asset Management as an execution trader in Quantitative Investment Strategies, and began his career at Susquehanna International Group as an assistant trader. Ben holds a BS and ME in Computer Science from the Massachusetts Institute of Technology, an MS in Financial Engineering from Columbia University, and is a CFA Charterholder.
Compliance
Samantha Addonizio, Director, Compliance
Ms. Addonizio serves as Compliance Officer and is responsible for all regulatory compliance of the firm and its regulated subsidiaries. Previous to her joining VelocityShares, Ms. Addonizio was the Compliance Officer at Lone Pine Capital, LLC, an investment adviser to private investment vehicles. Previous to this, she was a Compliance Officer at AIG Financial Products Corp. (2004-2007) and at Ramius Capital Group, LLC (2000-2004). Ms. Addonizio is FINRA licensed as a General Securities Principal, Registered Options Principal and General Securities Representative. Ms. Addonizio received a B.A. from Lehigh University in 1991 and a J.D. from Pace University School of Law in 1994. She is admitted to the New York and Connecticut Bars.

