Meet the Team: the "Tapestry"

The Partners of the organization represent a “Tapestry” of diverse and complementary backgrounds, and have many years of experience managing hedge fund of funds as well as customizing portfolios defined by the client's needs.

TAM Partners have on average 25 years of hedge fund experience, with four of the five Partners having worked together for over 11 years including time spent at Goldman Sachs Asset Management and Commodities Corporation (Princeton). 

This experience combined with a global, nimble and decidedly independent approach serves to distinguish Tapestry and its capabilities from other advisers in the alternatives space.  

Management Team

Afroz Qadeer
Chief Executive Officer & Co-Chief Investment Officer

Founding Partner of TAM in 2002.   Afroz has over 17 years professional alternative investment experience.  Prior to founding TAM, Afroz was responsible for hedge fund research and portfolio management at Goldman Sachs  (GS) (1998-2002), Optima Fund Management (1996-1997) and Lake Partners (1993-1996).  Over a 10 year period Afroz launched 8 multi-manager funds, was responsible for 20 multi-manager portfolios, and served as portfolio manager of 4 fund of hedge funds with assets of c. $2bn.  While at GS, Afroz served as a Member of Goldman Sachs Hedge Fund Strategies Group’s Investment Committee and as a Member of Goldman Sachs Hedge Fund Operating Committee.  Prior to working at Lake, Afroz was an Analyst at Redshare Investments in London and prior to that he was a Manufacturing Executive at Chain Link Industries, Sabhan, Kuwait.  Over the years Afroz has actively participated in and/or moderated events for the Mid-Atlantic Hedge Fund Association, the Managed Funds Association and the Greenwich Roundtable.  He has served on the Best Practices Subcommittee of The Greenwich Roundtable and provided editorial insight on working papers.  In October 2007 he authored a piece titled “India, what to do?” which was featured in the Managed Futures Association Reporter.
Afroz holds an MBA from The Wharton School, University of Pennsylvania and a Bachelor of Commerce from Sydenham College, University of Bombay, India and is listed with the CFTC as a principal and registered as an associated person of TAM.  He is an associate member of the National Futures Association.

Jon Knudsen
Co-Chief Investment Officer and Portfolio Manager of Systematic Trading Programs

Founding Partner of TAM in 2002.  In addition to his responsibilities as Co-CIO, Jon has developed and manages the Flagship Futures systematic trading program which trades US exchange listed futures contracts of 24 markets spread across 7 sectors.  Jon has over 24 years of professional alternative investment experience.  Prior to founding TAM, Jon was Vice President at Goldman Sachs (GS) in the Hedge Fund Strategies Group (1999-2002) where he served as Portfolio Manager (PM) of a $1bn multi advisor macro and futures fund, and co-PM of two additional funds valued in excess of $500 m.  While at GS, Jon also served as a Member of Goldman Sachs Hedge Fund Strategies Group’s Investment Committee.  From 1989 to 1999, Jon was Vice President and Portfolio Manager of Alternative Investments at Chase Manhattan Bank.    Prior positions included Eurodollar Options Desk Manager at Manufacturers Hanover Futures and Options from 1986 to 1989 and Merrill Lynch, Financial Consultant from 1984 to 1985. Jon has served on the Best Practices Subcommittee of The Greenwich Roundtable.  An Interview with Jon titled “What Do Investors Look For” was featured in the 24 February 2009 issue of Opalesque Futures.  Jon holds a BS in Finance from the University of Denver.  He is a Chartered Market Technician and a Member of the Market Technicians Association.  Jon is listed with the CFTC as a principal and registered as an associated person of TAM.  He is an associate member of the National Futures Association. 

Saleem A. Siddiqi
Chief Executive Officer of TAM LLP, London

Founding Partner of TAM in 2002.  Saleem has over 9 years alternatives investment experience and 9 years experience in investment banking. Saleem was Vice President in the Equity Capital Markets Group of Dresdner Kleinwort Wasserstein, London originating convertible and corporate derivative solutions.  Prior to that Saleem worked in the Equity Capital Markets Groups at Deutsche Morgan Grenfell and at Merrill Lynch International in London.  During his banking career, Saleem has structured and executed a variety of notable equity capital markets transactions including IPOs, secondary offerings, convertible bonds and block trades, raising in excess of US$50bn.      

Saleem holds a BA in Economics from Union College, Schenectady, NY.  Mr Siddiqi also serves as a Trustee of ALTSO UK, a not-for profit charity and is a Non-Executive Director of Alipur Films.

Kathleen A. Filipponi
Chief Financial Officer

Founding Partner of TAM in 2002, Kathy oversees all financial and performance reporting at TAM, and manages the systematic trading advisor's back office operations.  Kathy has over 28 years experience in the alternative investment space.  Previously, Kathy spent 21 years at Goldman Sachs and Commodities Corporation.  Her responsibilities included hedge fund research, due diligence, fund monitoring and reporting, portfolio design/construction and implementation.  She gained expertise in CTA/CPO investments and served as Assistant Portfolio Manager to a $1bn multi advisor macro and futures fund. Kathy holds an ASM degree from Thomas Edison State College, Trenton, NJ.  Kathy is listed with the CFTC as a principal of TAM. 

Sue Osborne
Director of Research

Sue became a Partner of TAM in 2005 after having worked as a consultant for TAM in 2003-2004.  Sue has over 14 years of professional alternative investment experience.  Prior to TAM, Sue held positions in hedge fund research and portfolio management at Hamilton & Co. (2002-2003), Goldman Sachs (GS) (1998-2002), Lake Partners (1996-1998) and Greenwich Associates (1996).  While at GS, Sue was Co-Portfolio Manager (PM) of three fund of hedge funds with assets of approximately $1bn and served as Assistant PM to one fund of funds with AUM of $1bn. Sue holds an MBA from Lehigh University, Bethlehem, PA, and a BS in Marketing from Duquesne University, Pittsburgh, PA. She is listed with the CFTC as a principal and registered as an associated person of TAM.  Sue is an associate member of the National Futures Association.
 

Karen M. Judge
Chief Operating Officer and Chief Compliance Officer

Karen joined TAM in 2006 as Chief Compliance Officer and became Chief Operating Officer in 2008.  Karen has over 19 years experience in compliance and business operations in the alternatives space.  Previously (1991-2006), she was Vice President in the Hedge Fund Strategies Compliance Group at Goldman Sachs and Commodities Corporation.  Karen  worked in various roles which included reviewing third party manager’s materials and making compliance assessments, policies and procedures, marketing review, anti-money laundering, regulatory registrations and training, and management of the brokerage relations group.  Prior to joining Commodities Corporation, Karen was a Staff Auditor at Westvaco Corporation.  Karen holds a BS in Accounting from Clemson University, Clemson, SC.  She is listed with the CFTC as a principal and is registered as an associated person of TAM.  Karen is an associate member of the National Futures Association.
 

Research

James Anderson
Senior Analyst

Jim has over 4 years experience conducting research in the alternatives space since joining TAM in August 2006.  Jim holds a BS in Finance from Lehigh University, Bethlehem, PA, July 2006 and is registered with the CFTC as an associated person of TAM.  Jim is an associate member of the National Futures Association.
 

Mallika Chervu
Analyst

Mallika joined TAM in August 2007.  Prior to joining TAM she completed a summer internship at Genworth Financial .
Mallika holds a MBA (concentration in Finance and International Business), from the University of Miami, Coral Gables, FL, May 2007 and a Bachelors in Technology, Mechanical Engineering from Bapatla Engineering College, Nagarjuna University, India, where she graduated with First Class. 

Kareem Siddiqi
Senior Analyst, London

Kareem has over 5 years experience conducting research in the alternatives space.  He joined Tapestry Asset Management LLP, London, UK in November 2006 after acting as a consultant since 2004.  Prior to joining TAM, Kareem was responsible for Business Development at Hotflush Recordings LTD, a UK Based independent music label which he founded in 2001 and for which he continues to serve as a Director.  Kareem holds a BS from University of Bristol, UK, June 2001. 
 

Jodi Rosenthal
Research Assistant and Database Administrator

Prior to joining TAM in 2008, Jodi served in various volunteer capacities including Treasurer of Belle Mead’s Jewish Community Center and as financial secretary of the Orchard Hill Elementary School Parent Teacher Association. From 1988-1989, Jodi was a Treasury Specialist at National Starch and Chemical Corporation where she prepared cash flow and interest income/expense forecasts, hedged currency exposure in foreign exchange markets and identified arbitrage opportunities,  and prepared pension fund portfolio analysis.  From 1983-1987, Jodi worked on the NYSE starting as a floor clerk and eventually becoming a member of the NYSE as a floor trader at Goldberg Securities.  Jodi holds a BS in Finance (Minor in Mathematics) from University of Maryland. 
 

Operations

Beata Agatha Imiolek
London Office Manager

Agatha joined Tapestry Asset Management LLP, London, UK in 2006 after acting as a consultant since 2002.  Agatha holds a Bachelor of Engineering (BEng) in Machinery and Industrial Equipment from Technical School of Motor Vehicle Engineering in Bochnia, Poland. 

Jill Lar-Moore
Compliance and Due Diligence Analyst

Jill joined TAM in September 2007.  Prior to joining TAM, Jill was a Contracted Legal/Compliance Assistant, at Goldman Sachs Hedge Fund Strategies from March 2006 to July 2007.  Jill previously worked in Contracted Paralegal positions at Pfizer Corporation (2005) and Schering Plough Corporation (November 2004 to January 2005) and was a Legal Assistant for Dechert Price and Rhoads from August 1996 to October 1997. Jill holds a Juris Doctor from Howard University School of Law, Washington, DC, May 1992 and a Bachelor of Arts in Economics from Villanova University, Villanova, PA, May 1989. 

Jodi L. Rosenthal
Research Assistant and Database Administrator

Prior to joining TAM in 2008, Jodi served in various volunteer capacities including Treasurer of Belle Mead’s Jewish Community Center and as financial secretary of the Orchard Hill Elementary School Parent Teacher Association. From 1988-1989, Jodi was a Treasury Specialist at National Starch and Chemical Corporation where she prepared cash flow and interest income/expense forecasts, hedged currency exposure in foreign exchange markets and identified arbitrage opportunities,  and prepared pension fund portfolio analysis.  From 1983-1987, Jodi worked on the NYSE starting as a floor clerk and eventually becoming a member of the NYSE as a floor trader at Goldberg Securities.  Jodi holds a BS in Finance (Minor in Mathematics) from University of Maryland. 
 

Suzanne Todoroff
Princeton Office Manager

 Prior to joining TAM in 2006, Sue was Office Manager of Solon Capital.  From 1984 to 2005, Sue held various operational positions at Goldman Sachs Hedge Fund Strategies Group and Commodities Corporation including legal assistant and compliance assistant.  During her years at Commodities Corporation, Sue also worked for a number of futures trading managers in the capacity of trading assistant.