Ted Seides, CFA, is the son of a teacher and a psychiatrist. Perhaps by genetic disposition, he is passionate about sharing his insights and investing in people.
Ted is the Chief Investment Officer of Perch Bay Group, a single-family office whose holdings include two asset management companies, an industrial company, and a multi-asset class portfolio of direct and fund investments. He joined Perch Bay in 2017.
In 2016, Ted formed Hidden Brook Investments, LLC, through which he created the Capital Allocators podcast and serves as an advisor to asset managers BlockTower Capital, Condire Resources, Stansberry Asset Management, and Sunderland Capital Partners.
From 2002 to 2015, Ted was a founder of Protégé Partners LLC and served as President and Co-Chief Investment Officer. Protégé was a leading multi-billion dollar alternative investment firm that invested in established small and select emerging hedge funds on an arms-length and seed basis. Ted built the firm’s investment process and managed the sourcing, research, and due diligence of its portfolios. In 2010, Larry Kochard and Cathleen Ritterheiser profiled Ted in the book Top Hedge Fund Investors: Stories, Strategies, and Advice.
Ted began his career in 1992 under the tutelage of David Swensen at the Yale University Investments Office. During his five years at Yale, Ted focused on external public equity managers and internal fixed-income portfolio management. Following business school, he spent two years investing directly at private equity firms Stonebridge Partners and J.H. Whitney & Company.
With aspirations to demonstrate the salutary benefits of hedge funds on institutional portfolios to a broad audience, Ted made a non-profitable wager with Warren Buffett that pitted the 10-year performance of the S&P 500 against a selection of five hedge fund of funds from 2008-2017.
Ted is a columnist for Institutional Investor, wrote a blog for the CFA Institute’s Enterprising Investor, and wrote two guest columns for the late Peter L. Bernstein’s Economics and Portfolio Strategy. His first book, So You Want to Start a Hedge Fund: Lessons for Managers and Allocators published in February 2016.
Ted is a Trustee and member of the investment committee at the Wenner-Gren Foundation and is a Decade Rider for Cycle for Survival. He previously served as a Trustee and head of the Programming Committee for the Greenwich Roundtable and as a Board member of Citizen Schools-New York.
Ted holds a BA in economics and political science, Cum Laude, from Yale University and an MBA with first-year honors from Harvard Business School.