Michael Vranos's Email & Phone

Michael W. Vranos - Mr. Vranos is the founder and Chief Executive Officer of Ellington. Mr. Vranos founded Ellington in December of 1994 to capitalize on distressed conditions in the MBS derivatives market. Under Mr. Vranos? leadership, Ellington has grown into a multi-billion dollar manager of hedge fund, private account, and other alternative assets, whose primary focus is on RMBS investing. Mr. Vranos serves on the Board of Directors of Boys and Girls Harbor, the East Harlem School, Hedge Funds Care, and the Stamford Shelter for the Homeless. Until December 1994, Mr. Vranos was the Senior Managing Director of Kidder Peabody in charge of RMBS trading, where he was characterized as one of the best bond traders on Wall Street? by Fortune magazine. With Mr. Vranos as head trader and senior manager, Kidder Peabody's MBS department became a leader on Wall Street in CMOs underwriting for each of the three years between 1991 and 1993. During Mr. Vranos? tenure, Kidder Peabody underwrote over $200 billion of CMOs approximately 20% of all issued and almost double the market share of its next largest competitor, Lehman Brothers. He was praised during the difficult bear market of 1994 by Jack Welch, chairman of Kidder Peabody's parent company, General Electric, who said that Mr. Vranos has done a better job than 99% of the managers at GE at managing a cycle. Mr. Vranos began his Wall Street career in 1983, after graduating magna cum laude, Phi Beta Kappa with a Bachelor of Arts in Mathematics from Harvard University. Mr. Vranos was raised in Ellington, Connecticut.