Thomas Coletti

Led the successful reorganization of a global physical trading business into a fundamentally driven financial platform, supported with a significant investment in quantitative research and a market leading weather platform

• Returned over $1billion of capital to shareholder while achieving 4 straight years of profitability with ROE +15% on average min annual revenue $120mm, max $430mm with a ^2 sharpe trading products across Power & Gas, Oil, Ags, Softs, Freight, Metals
• Avg diversified VaR $7mm, Max VaR $26mm, Limits $30mm/$120mm DD
• Total Equity started with $1.6bb 2018/19, by 2022 500mm
• Led cost reduction efforts across front and back office achieving reduction >50%
• Identified and led efforts to close multiple underperforming business lines while simultaneously selling our coffee business and transferring our largest physical business , Global Grains & Oilseeds to BTG
• Commodity representative for the BTG Global investment committee providing overviews of ECTP risk & performance while sharing views on Global macro dynamics
• Identified a new partnership structure to align ECTP with shareholder interests to build a longer-term mindset in both opportunities and performance

Oversaw the technology restructuring from a myriad of siloed trade capture and treasury systems while planning for the development of a scalable reporting and research hub

• Led the effort to develop a QIS desk to both deploy risk and provide insights into trade flows across our trading desks
• Identified Trailstone as a significant opportunity to leverage the platform transformation with both near term opportunities for expansion into physical markets in US and renewable scale across Europe
• Longer term, offers a platform for BTG Europe to leverage the hundreds of customers onboarded with the transaction
• Coordinated the initial due diligence on TS, including revenue projections, cost reductions, system integrations, as well as key man risks for both TS and ECTP
• Participated in the negotiations with Riverstone and Trailstone management to share the vision of how the combined companies would operate
• (BTG Pactual)

• Company Overview: New York, NY
• Led the development of the commodities desk to expand beyond existing ETF market making in energy, metals and ags
• Mapped out with JS partners how the development of the business could be driven from the existing ETF market making into a more enhanced business using a deeper fundamental research to strengthen signal generation
• Started with the development of FTR business and modeling efforts needed, then expanded to developing a fundamental research effort to support signal generation across energy, metals and ags
• Explored multiple opportunities with senior management to invest or acquire relevant businesses or books in the commodity space, including efforts in China to develop WOFE
• Led all efforts to interview and hire team members for the commodity buildout, including presentations to the JS community on various topics to build internal interest
• New York, NY

• Company Overview: Stamford, CT
• Responsible for global oversight of market, credit and operational risk
• Led a global team of 45 employees, and restructured risk organization to better align with commercial changes within the organization
• Reported directly to Group CEO, with daily updates on risk activities and global developments
• Led weekly risk committee meetings to highlight key market risks and largest exposures for the firm; led and set annual risk allocations for each of the businesses in Gas & Power, Oil Liquids, Coal, Metals and Agri/Softs
• Stamford, CT

• Company Overview: Stamford, CT
• Defined strategic and organizational changes needed to achieve global energy budget of $600mm with targeted ROE of 20%
• Managed all trading activity for the global energy platform
• Strategically guided business development and origination for the energy platform, including portfolio development, capital allocation and risk management
• Stamford, CT

• Company Overview: Stamford, CT
• Set and implemented a strategic build out of all aspects of the gas & power business, including staffing, systems selection, counterparty set up, regulatory requirements and risk allocations
• Delivered on all objectives, including achieving over $125mm of net profit in 2nd year of business existence; by 2011, team was responsible for generating the highest ROC for the company
• Led the team’s growth from an initial phase of 5 traders to a business with over 70 people
• Stamford, CT

• Company Overview: Stamford, CT
• Responsible for build out of one of the leading trading franchises in the industry, with growth in earnings from $50mm to $250mm in 2008
• Led team to three consecutive years surpassing budget and total earnings over $1billion, with average VaR $15mm and capital employed <$500mm
• Managed group risk and daily management of structured transactions (tolling, load following, pricing of all customer transactions, etc.), while managing a proprietary book which had average returns of $15mm/year utilizing $1mm VaR (only 1 down year (-$3mm)
• Stamford, CT

• Company Overview: Greenwich, CT
• Foreign Exchange Forwards Desk and Short Term Rates trader
• Supported build out of proprietary short-term interest rates desk
• Generated 4 years of profitability, with earnings of $3-$6mm, with average VaR <$500K
• Provided pricing for structured metals and energy transactions
• Greenwich, CT