Dan Morehead
Managing Partner at Pantera Capital
Dan Morehead
Managing Partner at Pantera Capital
United States
Overview
Work Experience
Founder, Managing Partner
2003 - Current
Pantera Capital, the first investment firm in the US to launch digital currency, early-stage token, and blockchain venture funds.
Board Member
2015
Chairman
2014 - 2018
Co-Founder & Chief Executive Officer
2000 - 2002
Co-founder and CEO of Atriax, an electronic foreign exchange platform. Built $100 million e-commerce venture with 110 employees in London, New York and Tokyo built to electronically execute and process foreign exchange transactions.
Chief Financial Officer & Head of Macro Trading
1996 - 2000
Tiger Management Corp., also known as “The Tiger Fund,” was a hedge fund that began investing in 1980 and was closed in 2000. Tiger Management started in 1980 with $8 million in capital, and by 1998, its holdings had climbed to $22 billion. As chief financial officer, conceived Tiger’s innovative risk management methodology and managed its implementation and established many of the policies that enabled the large funds to liquidate without a ripple. Leader of the Risk Management, Performance, Finance, Credit and Margin, Cash and Collateral Management, Fund Accounting and Human Resource departments. As head of Macro Trading, identified, analyzed and recommended macro investments for the portfolio and was responsible for macro liquidity position and Wall Street counterparty relationships. Recruited and developed an eight-person team responsible for the execution of Tiger’s fixed income, foreign exchange, emerging market, commodity and Asian equity trades. Accumulated three years of data on breaches of confidentiality which enabled Tiger to allocate sensitive trades with confidence. Executed an explicit Confidentiality Protocol with dealers which further reduced breaches of confidence.
Global Head of Foreign Exchange Options
1995 - 1996
Rebuilt three-quarters of the 35-person group and developed a strong team culture across the London, New York, Tokyo and Singapore offices, leading the firm from unranked in the Euromoney Survey to first place in two years.
Managing Director, Global Portfolio Group
1989 - 1995
Managed a global macro fund and derivatives trading units in North America and Japan that achieved a 28.7% pro forma net annualized return, 1.6 Sharpe ratio over three years. Served as a member of the Financial Portfolio Committee which controlled the bank’s risk position: derivatives risk, asset/liability mix, the size and composition of the loan portfolio, and other franchise risks. As Derivatives Trading Manager, managed equity, interest rate and mortgage derivatives trading businesses in New York and Tokyo
Mortgage Derivatives Trader
1987 - 1989
Education
B.S.E.
1983 - 1987