Leadership Team

Founder, CEO and CIO

 

William Heard is the founder of Heard Capital LLC and serves as the Firm's Chief Executive Officer and Chief Investment Officer, leading the Firm's investment process and strategic direction.

 

Prior to founding and leading Heard Capital LLC, Mr. Heard was a special situations analyst for Stark Investments, a global alternative investment firm. While at Stark Investments, he covered the telecommunications, media, technology, financials, and energy sectors. Mr. Heard’s investment experience spans asset classes and includes leveraged loans, high yield bonds and equity securities.

 

Mr. Heard is active in the philanthropic community, focusing his efforts on education and disadvantaged youth.  He currently serves on the Leadership Council for A Better Chicago, the City Year Chicago Board of Directors and actively participates in OneGoal: a diverse collective of local organizations creating opportunities for today’s youth and low-income population. Mr. Heard is also member of the President’s Circle and Young Professional Network for the Chicago Council on Global Affairs.

 

Mr. Heard is a graduate of Marquette University’s College of Business Administration where he earned a Bachelor of Science in Finance and Real Estate. While at Marquette, he founded and established the University’s Applied Investment Management (AIM) Program. AIM was the first undergraduate business program in the nation to be selected as a Program Partner by the CFA Institute.

 

Mr. Heard was raised in Milwaukee, WI. In his spare time, Mr. Heard serves as a mentor to students on topics such as leadership, globalism and markets.

Partner, Head of Risk Management and Trading

 

Joseph Lee is a Partner at Heard Capital LLC and is responsible for overseeing risk management, trading and execution. In addition, Mr. Lee supports the Firm’s portfolio attribution analysis and quantitative research processes.

 

Prior to joining Heard Capital LLC in 2014, Mr. Lee was a discretionary futures trader, specializing in Treasury yield curve spreads and TED spreads. In that role, Mr. Lee was responsible for researching, developing and executing both momentum and mean reversion driven strategies. Mr. Lee is a CFA Charterholder and a member of the CFA Society of Chicago. Mr. Lee earned an MBA with honors distinction from the University of Chicago Booth School of Business and a Bachelor of Arts in Economics from the University of Chicago.

Head of Operations

 

Stephen Granstrand is the Head of Operations at Heard Capital LLC where he oversees the Firm's middle and back office functionality.

 

His responsibilities include managing firm policies, positions and cash reconciliations, counterparty relationships, and maintaining the Firm’s books and records. Mr. Granstrand also has an active role in the Firm’s budgeting, liquidity, and cash management. Prior to joining Heard Capital LLC in 2019, Mr. Granstrand was a Vice President at Goldman Sachs in Prime Services and Clearing where he was responsible for client services, sales and relationships management. Mr. Granstrand also served as a Vice President in Prime Brokerage Sales and previously held other roles within Prime Brokerage. In those roles, Mr. Granstrand helped build and develop processes and procedures for some of the largest hedge funds and broker dealers in the financial services industry.

 

Mr. Granstrand earned a Bachelors of Science in Business Administration from Lehigh University.

 

Head of Investor Relations and Product Strategy

 

Priya Kaftan is the Head of Investor Relations and Product Strategy at Heard Capital LLC where she oversees client relations, client communications, business development and product strategy.

 

Prior to joining Heard Capital LLC in 2019, Ms. Kaftan was a Senior Associate at Silver Point Capital, L.P., a credit and distressed focused hedge fund.  Her responsibilities included managing relationships with Silver Point Capital’s existing and prospective investors, product strategy, reporting, credit market research and communications.

 

Prior to Silver Point Capital, L.P., Ms. Kaftan was a Vice President in JPMorgan’s Syndicated and Leveraged Finance group. In that role, she structured leveraged loan and high yield transactions for clients in the energy, metal, mining, packaging and chemical sectors. Ms. Kaftan also served as an Associate and Analyst in the group.

 

Ms. Kaftan holds an MBA from Columbia Business School and a Bachelor of Science in Business Administration from Boston University.