Team
Luca Toscani
CHIEF OPERATING OFFICER and INVESTMENT COMMITTEE
Luca Toscani is Co-Founder and serves as Chief Operating Officer of Valmar Capital. Mr. Toscani previously served as COO at Saidler & Co. Investment Management, a digital-asset focused fund, and Founder and Chief Operating Officer at TPRV Capital, LP, a relative value fund launched with a $400 million seed investment from Harvard Endowment in 2017. TPRV was the first spin-out from Harvard in over a decade and one of the leading hedge fund launches in the US of that year. He began his career in London as an equity arbitrageur at Bear Stearns and as a StatArb Portfolio Manager at Medici Capital Management, managing a $250 million portfolio. Mr. Toscani has a B.S. in Economics and Quantitative Studies from Venice University, Italy, along with an M.S. in Management from the Stanford Graduate School of Business.
Jonathan Man, CFA
INVESTMENT COMMITTEE
Jonathan Man sits on Valmar’s Investment Committee. Mr. Man previously served as Portfolio Manager at Saidler & Co. Investment Management, a digital-asset focused fund, and Digital Asset Markets Trader at Celsius Network, where he established the DeFi desk and oversaw expansion of the DeFi portfolio to $2.5 billion. Other responsibilities included basis arbitrage and exchange arbitrage. He began his career at CIBC Capital Markets as part of the Real Estate Finance Group, with responsibilities including trading commercial mortgage-backed securities (“CMBS”) along with fixed income and credit derivatives; CMBS securitization, cash flow modeling, and pricing. Mr. Man has a Bachelor of Engineering from The Cooper Union for the Advancement of Science and Art, along with an MBA from the Leonard N. Stern School of Business at New York University. He is a CFA charterholder.
Joseph Cox
HEAD OF BUSINESS DEVELOPMENT
Joseph Cox is Co-Founder and serves as Head of Business Development of Valmar Capital. Mr. Cox previously served as COO, CCO and Head of Business Development at XMonetae Capital, a digital-asset quantitative hedge fund with assets under management exceeding $100 million. He is on the Advisory Board for the Global Digital & Cryptocurrency Association, a leading regulatory association within digital assets, and manages CryptoMondays Wall Street on behalf of Valmar. Mr. Cox began his career as a Project Specialist in a third-generation family office, launching numerous, varied business ventures and venture investment strategies. He has B.A. Degrees in History and English from the Pennsylvania State University Schreyer Honors College.
Shubeur Rahman
INVESTMENT COMMITTEE
Shubeur Rahman is a member of Valmar’s Investment Committee. Dr. Rahman’s previous positions include Risk Manager at a Sovereign Wealth Fund and Quant Researcher at a systematic hedge fund. He graduated from Imperial College London with a Bachelor of Science and received his Ph.D. in Physics from the University of Cambridge, where he also held a Post Doc position.
Val Prasad
TECHNICAL ADVISOR
Dr. Val Prasad is the principal of Anthill Advisors, a boutique consulting firm which specializes in providing portfolio management, systematic trading and trade execution research solutions in traditional finance and cryptocurrency spaces. Prior to this, Dr. Prasad was Head of Execution Research at ExodusPoint Capital Management and Schonfeld Strategic Advisors, and a portfolio manager at WorldQuant LLC. He has over 16 years of quantitative trading and modeling experience, execution research and portfolio management. Dr. Prasad is also an adjunct professor at Cornell University, where he taught a graduate-level course titled "Quantitative Portfolio Management: From Model to Market". Dr. Prasad graduated magna cum laude with a B.A. in Physics from Cornell University and a Ph.D. in Physics from the University of Chicago. He has published over 40 papers in refereed scientific journals and has won several international awards for his work. Dr. Prasad was also a member of the Supernova Cosmology Project, which was awarded the Nobel Prize in Physics in 2011.
