Logica Capital Advisers, LLC (“LCA”) is a registered investment adviser founded in 2011 by Wayne Himelsein and his team.
With over 20 years of investment management experience, Mr. Himelsein, a UC Berkeley Alum, serves as Logica’s President and Chief Investment Officer. He began his career in New York City in 1995, as a proprietary trader at the Carlin Financial Group (acquired by RBC Capital Markets). Following his success there, Wayne launched his first hedge fund in 1999, and went on to manage money for private clients and major institutions such as Hyundai Securities and Millennium. Following that, he aggregated a team that has now been working together for over 10 years.
The Logica team as a whole combines specialized expertise across multiple aspects of portfolio and risk management, research and development and fund operations.
This well established and highly synergistic team of individuals has the depth of necessary experience in the capital markets to comprehensively and competently manage a successful investment advisory business. Furthermore, to complement and streamline its in-house capabilities and to comply with the oversight, transparency and independent verification required by regulators and highly desired by all investors, the firm employs several layers of top tier, third-party service providers.
Logica’s Head of Research, Dr. David Taylor, with a Math BS at Massachusetts Institute of Technology (MIT) and Math PhD from University of California Los Angeles (UCLA), brings further mathematical expertise, as well as oversees Logica’s collaborative efforts established with UCLA's MFE program in sourcing and working with Financial Engineers.
the firm & team
Wayne Himelsein - President and Chief Investment Officer
As a 20+ year veteran of the securities industry, Mr. Himelsein (a UC Berkeley alum), founded Logica Capital Advisers (“Logica”), and currently serves as its President and Chief Investment Officer. In this capacity, he heads the portfolio management team, and is a member of both the investment and risk committees.
Wayne began his career in 1995 as a proprietary trader at the Carlin Financial Group (acquired by RBC Capital Markets). Following his success there, Wayne launched his first hedge fund in 1999, and went on to manage money for private clients and major institutions such as Hyundai Securities and Millennium. In a strategy he later developed in 2005, he ran over 300 mm of private and institutional capital.
Throughout his career, Wayne has continued to develop, evolve and refine his quantitative trading and portfolio management models. Most recently, beginning in 2011, Wayne and his team conducted 4 years of R&D to solve the problems inherent in HF’s quest to produce absolute returns regardless of market regime, which serve as the basis of the Logica Fund.
Wayne is a holder of a FINRA series 65 license and currently resides in Santa Monica, CA.
Michael Green - Partner, Chief Strategist / PM
Michael has been a student of markets and market structure, for nearly 30 years. His proprietary research into the shift from actively managed portfolios and investment funds to systematic passive investment strategies has been presented to the Federal Reserve, the BIS, the IMF and numerous other industry groups and associations.
Michael joined Logica in January 2020 after serving as portfolio manager for Thiel Macro, LLC, an investment firm that manages the personal capital of Peter Thiel. Prior to Thiel, Michael founded Ice Farm Capital, a discretionary global macro hedge fund seeded by Soros Family Management. From 2006-2014, Michael founded and managed the New York office of Canyon Capital Advisors, a $23B multi-strategy hedge fund based in Los Angeles, CA, where he established their global macro strategies, managing in excess of $5B of exposure across equity, credit, FX, commodity and derivative markets.
In addition to his work as a market theorist and portfolio manager, Michael has been noted for his work as a public speaker and financial media participant. He is a graduate of the Wharton School at the University of Pennsylvania and a CFA holder.
Dr. David Wihr Taylor, Ph.D. - Partner, Head of Research
David Wihr Taylor is the Head of Research at Logica Capital Advisers.
In his current position, David oversees the financial modeling and the R&D efforts from the early stages of idea generation and development, through testing to final implementation.
He is a mathematician with wide ranging experience in both the theoretical and applied fields. Furthermore, David specializes in combining applied and computational methods with highly abstract theories to gain insight into new and historical problems.
Examples of his work include: Applications of simulated annealing to tomographic image reconstruction of the Earth’s magnetosphere from multi-satellite measurements; explicit computation of invariant polynomials for the action of symmetry groups in both geometric and arithmetic settings. This work has applications in both cryptography and computer vision; development of clustering algorithms with variable metric functions. Applications include image recognition and mathematical finance.
David completed his B.S. in mathematics at Massachusetts Institute of Technology and earned his doctorate in mathematics from University of California Los Angeles in 2013. In his spare time, David enjoys playing chess and classical piano.
Dr. Taylor resides in Los Angeles.
Patrick Rentz - Partner, Head of Trading / Risk
Patrick co-founded Logica Capital Advisers (LCA) and serves as Logica Fund’s Risk Manager and Head Trader.
He is a member of both the investment and the risk committees. In his capacity, Patrick builds, refines and improves the fund's proprietary models. Additionally, he manages the day-to-day analysis and management of the individual strategies and the portfolio as a whole.
Patrick has years of experience in equity markets, risk management and financial modeling and continuously broadens and cultivates his knowledge base through focused education and research in the field.
Previously, Patrick worked as a quantitative analyst for Himelsein Mandel Fund Management building models for the evaluation of inefficiencies for investment opportunities, valuation of the fund’s assets, creation of discounted cash flow analyses, and implementation of various risk related stress tests utilizing Monte Carlo methods and scenario analyses.
Patrick holds a B.S. in Business Administration from the University of Tennessee-Knoxville. Additionally, he is a FINRA series 65 holder.
Patrick currently resides in Los Angeles.
Steven Greenblatt, MBA - Partner, Head of Business Development
Steven is the Head of Business Development and Investor Relations at Logica Capital Advisers (“LCA”).
As a well-established veteran in the industry, Steven has extensive institutional sales and marketing experience with a variety of Hedge Funds and Investment firms such as Causeway Capital Management, Front Point Partners, First Quadrant, just to mention a few, and he currently oversees LCA’s Business Development initiatives and engages with investors globally.
Steven holds a B.A from the University of South Florida and an MBA from the University of Michigan.
Steven resides in Marina Del Rey.
Jeff Press - Compliance
Jeff is a Senior Regulatory Compliance Professional with over 25 years of deep and varied expertise in Compliance, Risk and Operations programs from build out, to gap analysis, to lights on optimization and maturity. With expert knowledge of the practical application of financial services regulatory implementation and best practices, he formulates and executes a strategic vision that effectively demonstrates proper controls supporting business initiatives while helping to protect the enterprise from legal and regulatory risk. Jeff has broad industry experience in Operations, Risk, Compliance, Exams/Audit, and Governance from his time as a former CCO of large and small BDs and RIAs and has participated in the forensic compliance analysis at two high profile RIAs under SEC Receivership.
Jeff holds a Bachelor of Finance from SUNY Empire State College, and holds the following relevant certifications: FINRA Registered Series 4, 7, 8, 24, 53, 57, 63, 79, SIE & NAASA / SEC Series 65 Registered Investment Advisor. Additionally, he is a FINRA / Wharton Certified Regulatory and Compliance Professional (CRCP)