Team

Founder, CEO and CIO

 

William Heard is the founder of Heard Capital LLC, and serves as the company’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 sectors spanning telecommunications, media, technology, financials, and energy. Mr. Heard’s investment experience spans across the capital structure to include leveraged loans, high yield bonds and equity securities.

 

Mr. Heard 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 a member of the President’s Circle and Young Professional Network for the Chicago Council on Global Affairs, Forbes Finance Council, and is a participating Advisory Board member for the Blackstone Foundation Inclusive Entrepreneurship Council for World Business Chicago and ChicagoNEXT. As an Advisor, Mr. Heard is part of a small group that will award grants to innovative organizations that effectively support diverse entrepreneurs and scale start-ups in the Chicago area.

 

Mr. Heard is a graduate of Marquette University’s College of Business Administration with a bachelors in both 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. A strong proponent of higher education, Mr. Heard gives motivational speeches to students about leadership, globalism, and the nature of competition. In his spare time, Mr. Heard enjoys mentoring and reading.

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 for nearly 10 years, specializing in Treasury yield curve spreads and TED spreads. Lee was responsible for researching, developing and executing both momentum and mean reversion driven strategies. Mr. Lee is a CFA Charter-holder and a member of CFA Society of Chicago. Mr. Lee holds an MBA with honors distinction from The University of Chicago Booth School of Business and a B.A. in Economics from The University of Chicago.

Partner, Head of Energy

 

Andrew Jesse is a Partner at Heard Capital LLC and leads the firm’s energy research practice.

 

Prior to joining Heard Capital LLC, Mr. Jesse was a member of the Energy team for the Global Equities franchise at Citadel llc, a global alternative investment firm.  While at Citadel, Mr. Jesse was responsible for the construction and management of a long / short equity portfolio of oilfield service stocks that adhered to Citadel’s factor-neutral risk framework.

 

Prior to Citadel, Mr. Jesse held positions on the energy teams of Green Arrow Capital Management (a Millennium Group Company) and BBT Capital Management (the family office for the scion of a Texas-based natural resources focused private enterprise). Mr. Jesse was also a member of the energy power & utilities investment banking division of Merrill Lynch.  With the entirety of his career focused on the energy power & utilities space, Mr. Jesse has gained notable expertise across numerous sector sub-verticals including Upstream Oil & Natural Gas, Oilfield Services, Midstream Master Limited Partnerships, Merchant Power Generation and Regulated Utilities.

 

Mr. Jesse is a graduate of the Richard Farmer School of Business Administration at Miami University where he earned a bachelors of science degree with a concentration in finance and minor studies in both international business and German.

 

Mr. Jesse currently sits on the Board of St. Procopius School in Chicago’s Pilsen neighborhood and is a member of the Chairman's Advisory Council of Big Shoulders Fund, an organization focused on improving the quality of and access to values-based primary education in the neediest areas of inner-city Chicago.

Head of Operations

 

Stephen Granstrand is the Head of Operations at Heard Capital LLC where he manages all non-investment related functions and oversees all middle and back office functionality.

 

His responsibilities include managing firm policies, positions & 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, Mr. Granstrand spent 14 years at Goldman Sachs in Prime Brokerage, Execution & Clearing, and Prime Services. Throughout his career at GS, he held roles in Client Services, Sales, and Relationship Management. Mr. Granstrand has helped build and develop efficient processes and procedures for some of the largest Hedge Funds and Broker Dealers in the industry. He is a product expert with a deep understanding of the operational framework and best practices related to hedge funds.

 

Mr. Granstrand obtained his BS 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. From 2008 through 2019, Ms. Kaftan’s responsibilities included managing relationships with the firm’s existing and prospective investors, product strategy 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 chemicals sectors. Ms. Kaftan also served as an Associate and Analyst in the group.

 

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