Wall Street Potholes

About the Author

Simon Lack, CFA

Following 23 years with JPMorgan, Simon Lack founded SL Advisors, LLC, in 2009. Much of Simon Lack's career with JPMorgan was spent in North American Fixed Income Derivatives and Forward FX trading, a business that he ran successfully through several bank mergers, ultimately overseeing 50 professionals and $300 million in annual revenues. Simon Lack sat on JPMorgan's investment committee, allocating over $1 billion to hedge fund managers, and founded the JPMorgan Incubator Funds, two private equity vehicles that took economic stakes in emerging hedge fund managers.

Simon chairs the investment committee for Wardlaw-Hartridge School in Edison, New Jersey, and also chairs the Memorial Endowment Trust Investment Committee of St. Paul's Episcopal Church in Westfield, New Jersey. He is the author of The Hedge Fund Mirage: The Illusion of Big Money and Why It's Too Good to Be True, published in 2012 to widespread praise from mainstream financial press, including The Economist, Financial Times, and Wall Street Journal, and Bonds Are Not Forever: The Crisis Facing Fixed Income Investors (September 2013).

Simon is a CFA charterholder and vice-chairman of the New York Society of Security Analysts' Market Integrity Committee. He makes regular appearances on cable TV business shows discussing hedge funds and investing. Simon is also portfolio manager for the Catalyst MLP and Infrastructure Fund.