John C. Michaelson
Chief Executive Officer & Portfolio Manager
From 2006-2011, Mr. Michaelson served as Co-Portfolio Manager of Imperium Partners Group, employing the same investment strategy. From 1994 to 2005, Mr. Michaelson served as President, Chief Executive Officer and Portfolio Manager of Needham Investment Management, LLC. During his tenure, assets under management grew from $46 million to $1.6 billion in equity hedge funds, special situation funds and listed mutual funds. In 2004, Nelson's ranked Needham's flagship hedge fund, co-managed by Mr. Michaelson, as the 7th best performing equity fund across all investment styles over the prior ten years, compounding at 22.7% p.a. and the only fund in the top ten with no down years.
From 1986 to 1994, Mr. Michaelson served as the Director of Corporate Finance of Needham & Company, managing its investment banking activities. During this time, Mr. Michaelson supervised over 200 public equity offerings and private placements and over 150 merger, acquisition and divestiture transactions, and worked directly with clients on buyouts and restructurings transactions. Mr. Michelson's early professional career was at Morgan Grenfell & Company, Limited (London, England); The First Boston Corporation; and Drexel Burnham Lambert, Inc.
Mr. Michaelson has served in a number of public service and charitable positions. These include: Trustee of The Royal Air Force Museum (England), Trustee of The Cooper Union for the Advancement of Science and Art. Chairman and Chief Investment Officer of The Cooper Union's endowment. The Cooper Union endowment's compound annual return of 15.5% for the fiscal years 2005 to 2013 ranks it as the top performing endowment in the country over that period and the top performing endowment for the five fiscal years ending 2012 (source - Institutional Investor Magazine).
Mr. Michaelson has authored numerous articles in publications such as The Wall Street Journal, Pension & Investing Magazine; and The Oxford University Journal of World Economics. Mr. Michaelson is the author of a textbook published by McGraw Hill, Restructuring for Growth and has contributed chapters to other books.
Mr. Michaelson earned a BA and MA from the University of Oxford and an MBA with Distinction from The Harvard School of Business.
Email John C. Michaelson at: firstname.lastname@example.org