Team Bios

Simon Lack, CFA – Managing Partner

Following 23 years with JPMorgan, Simon Lack founded SL Advisors, LLC, in 2009. Prior to that, Simon was CEO and founder of the JPMorgan Incubator Funds, two private equity vehicles that took economic stakes in emerging hedge fund managers.  From the late 1980s through 1999 through several bank mergers Simon ran Fixed Income Derivatives and Forward FX trading for JPMorgan and predecessor institutions, ultimately overseeing 50 professionals and $300 million in annual revenues.  Simon also sat on JPMorgan’s investment committee allocating over $1 billion to hedge fund managers.  He is the author of two books: The Hedge Fund Mirage: The Illusion of Big Money and Why It’s Too Good to Be True, published in 2011 to widespread praise from mainstream financial press including The Economist, Financial Times and Wall Street Journal; Bonds Are Not Forever; The Crisis Facing Fixed Income Investors (August 2013). Simon makes regular appearances on cable TV business shows discussing hedge funds and investing.

Henry Hoffman, CFA – Partner

Henry joined SL Advisors in January of 2010 as an Equity Research Analyst.  Prior to joining SL Advisors, Henry worked as a buy-side equity analyst for PNC Capital Advisors. While at PNC, Henry conducted fundamental equity research across a variety of sectors focused on their proprietary Large Cap Value and Large Cap Growth & Income strategies. Henry graduated from Duke University in 2006 with a B.S in Economics and Minor in Chemistry.

Larry Hirshik – Trading

Larry runs LEH Advisor, LLC, a business which executes trades and manages risk for clients in futures, stocks and bonds.  Before setting up his own business, Larry was Partner and Co-Founder of Etolian Capital Group, a profitable hedge fund specializing in relative value credit strategies.  Prior to that, Larry ran trading desks at Bank of America and First Union where he oversaw teams of traders responsible for client flow and risk taking. Larry’s trading career began at Manufacturers Hanover Trust in 1983 where he traded interest rate derivatives.  Larry has a B.S. in Mathematics and Computer Science from the University of New Hampshire and an M.B.A. (with honors) in Finance and Management Science from UCLA.

Ty Tessitore – Business Development

Ty has over 25 years of experience focused on the development, marketing and risk management of sophisticated capital market solutions for institutional and high-net worth clients in a variety of asset classes.  He has worked at JPMorgan Chase (and its predecessor Banks), Bear Stearns and Citigroup Private Bank. Ty was the Founder and Business Head of the Commodity Unit at Manufacturers Hanover. Prior to his work experience in the Derivative Market, Ty was a CPA at Price Waterhouse in NewYork. Ty graduated from Fairfield University with a B.S. in Accounting (Magna Cum Laude).

Charles Lawrence B.A. ; F.C.A. – Business Development

Charles has over 30 years’ experience in financial markets as a cash and derivatives broker in the fixed income and foreign exchange markets.  Most recently, Charles was Treasurer of the Bank of Butterfield in Bermuda until his retirement in 2012.  Charles has worked for major broking companies in London, Hong Kong, and New York and was a director of Exco Noonan Inc., New York prior to their merger with ICAP plc.  Charles has a B.A. (Comb. Honors) in Economics and Statistics from Exeter University in England and is an FCA (Fellow of the Institute of Chartered Accountants in England and Wales).