We believe diverse perspectives lead to better decisions

TEAM

We believe diverse perspectives lead to better decisions

Our leadership team comprises senior executives Lawrence Bancroft and Kai Hong. They work in concert to establish the firm’s direction and alignment of services. The team oversees tactical operations and is accountable for Bivium’s overall results. They have placed more than $10 billion with external managers for Bivium’s clients and with external managers while at prior investment firms.

The team defines leadership as leading by example while coaching and mentoring the firm’s talented associates. Bivium’s flat organizational structure enables associates to expand their knowledge base and skill set, while making valuable contributions to the firm’s goal of delivering superior solutions for clients.

In our collaborative culture, teamwork, innovative thinking, and hard work are conduits for allowing the best ideas to flourish.



LAWRENCE P. BANCROFT

President and CEO

Building upon his experience in the Investment Management Division (IMD) of Goldman, Sachs & Co., Lawrence founded Bivium Capital Partners in 2002. In addition to overseeing the growth of Bivium Capital, he is responsible for its overall direction, driving new business development and developing innovative service offerings. Lawrence brings extensive investment experience and sage counsel to bear, having helped his clients solve their most challenging problems. He aids our clients by applying his expertise in product development, portfolio construction, due diligence, manager search, and portfolio monitoring.

Lawrence is a respected strategist and industry adviser. Emerging and boutique investment firms at all life stages have benefited from his astute ability to assess their organizations and delineate transformative strategies, which have manifested in increased operational efficiencies, productivity, growth, and funding. While at Goldman, Lawrence became an initial member of the IMD’s external manager selection team. His work involved all aspects of developing the group’s manager of managers business; he also evaluated minority-owned investment companies as part of the firm’s Urban Investment Group for capital allocation.

Lawrence currently serves as President of the board of directors for Big Brothers Big Sisters of the North Bay, and is a member of the organization's governance and investment committees.

Lawrence earned his BS from Cornell University’s School of Industrial and Labor Relations, and his MPA from Cornell University’s School of Public Affairs.



KAI W. HONG, CFA®

Managing Partner, Chief Investment Strategist

As Chief Investment Strategist, Kai leads the investment process and is responsible for manager research and due diligence, portfolio construction, and risk management. He ensures the consistent implementation and ongoing refinement of Bivium’s investment philosophy and process by guiding strategy implementation, portfolio allocation, and investment optimization. He is also actively involved in client portfolio management, industry research, and product development.

Prior to Bivium, Kai was a managing director and the head of Investment Management Consulting at Thomas Weisel Partners, where he oversaw the investment platform for the firm’s institutional and high-net-worth clients. In that capacity, he was responsible for due diligence in traditional and alternative investments as well as asset allocation and portfolio strategy. Kai was formerly a vice president and senior investment analyst at Northern Trust Global Advisors, where he was the lead research analyst for global fixed income and led the firm’s emerging manager research efforts. Before Northern, he was an associate in Goldman Sachs’ external manager of managers group.

Kai received a BS in Computer Science and Engineering and a Master of Engineering degree from MIT. He is a CFA charterholder and a member of the CFA Institute and the CFA Society of San Francisco.



DOUG PALENCHAR, IACCP®

Chief Compliance Officer and Senior Vice President of Operations

Doug is responsible for directing compliance and operations. He has over 16 years of experience in the financial industry, including extensive experience in compliance operations and development, internal auditing, and financial and investment operations. Doug is a sought after speaker at national compliance meetings, speaking on such diverse topics as Ethics, regulatory best practices and ERISA. Formerly, Doug was the Chief Compliance Officer and Chief Financial Officer with Denali Advisors, LLC, an asset management firm based in La Jolla, California. Prior to Denali, Doug was an entrepreneur in the San Diego area.

Doug holds a BA in Business Economics from the University of California at Riverside, as well as an MBA and MSA from San Diego State University. Doug is also an Investment Adviser Certified Compliance Professional (IACCP®) and a member of the Bay Area Chief Compliance Officer’s Committee.



FAITH COUNIO

Vice President

Faith is responsible for manager search and due diligence. Faith has 15 years of experience providing consulting and/or research services to pension plans and other institutional investors. Prior to joining Bivium Capital Partners, she was an Investment Research Consultant covering pensions and emerging market investments research. Prior to that Faith was a Research Analyst at Stanlib Multi-Manager, based in South Africa. At Stanlib, Faith led manager research for Emerging Market institutional strategies across Equities, Fixed Income, Real Estate, and Multi-asset, for portfolios with AUM in excess of USD $5 billion. Previously, Faith was an Investment Consultant at EnnisKnupp where she had manager research coverage for U.S., Global, and Emerging Market equity strategies. She also managed investment consulting assignments for pension plans, foundations, and endowments. Faith was a Pension Plan Consultant at Hewitt Associates prior to joining EnnisKnupp. .

Faith has an MBA from the University of Chicago Booth School of Business and graduated Magna cum Laude from Elmhurst College with BSc. degrees in Business Administration and Information Systems. She is a member of the CFA Society of San Francisco and 100 Women in Finance.



LUAN DINH, CFA®

Vice President

Luan is responsible for manager research and due diligence, assisting the team with portfolio construction, and manager performance monitoring. Luan has extensive experience in the financial industry, including portfolio construction, program trading, fund accounting, compliance oversight, and investment operations. Formerly, Luan was a Portfolio Engineer with Denali Advisors, LLC. Before joining Denali, he was a team member of TD Waterhouse Technology Brokerage Unit.

Luan holds a BA in Economics from the University of California, San Diego. He is a CFA charterholder and a member of the CFA Institute and the CFA Society of San Francisco.



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