Introducing Fortitude Capital
Fortitude Capital is situated in a heritage building in 350 George Street, the centre of the business district of Sydney. Trading staff member are situated around one large open-planned office. All trading staff view a live risk system of the total portfolio. The aim of this is to build team work, allow transparency and enhance risk management of the portfolio.
John Corr - B.Comm - Managing Director
John Corr is the Managing Director and founder of Fortitude Capital. John was also the seed investor in the Fortitude Capital Absolute Return Trust and to date remains one of the largest investors after significant growth of the fund.
John has over 23 years experience in the financial markets. Prior to establishing Fortitude Capital, John was a Director at Citigroup Global Markets Australia. He worked in proprietary trading for eight years, trading local and overseas equities and equity derivatives, and was responsible for the management and development of a team of equity proprietary traders.
John is responsible for the overall portfolio at Fortitude Capital. John, as the Head of Risk Management, determines the appropriate portfolio structure to provide offsetting risks and a low volatility return profile. John works closely with all traders, providing direction and assessment of optimal risk opportunities.
John has and continues to conduct a risk management program in Market Neutral and Derivative Strategies for the Executive Support Team. The objective is to educate and implement a systematic, repeatable process for disciplined trading strategies and portfolio management. Business management skills are also a focus for development.
John holds a Bachelor of Commerce from the University of Wollongong.
Sheriden Hure - B.Fin, F.Fin - Senior Portfolio Manager
Sheriden Hure joined Fortitude Capital as the first employee in 2005. Sheriden has trained in Fortitude Capital’s risk management and Market Neutral trading program to date, covering all strategies. Sheriden had focused her attention within the Mergers and Acquisitions strategy over the last 2 years, in consultation with John Corr. This involves deal-risk assessment, modeling, execution and overall portfolio risk assessment.
Sheriden works closely with John Corr as part of the Executive Support Team. This involves portfolio supervision and risk management. It also involves business evaluation and development.
Prior to Fortitude Capital, Sheriden worked as a Graduate Analyst for Loftus Capital Partners Limited, a listed investment company. Her role focused on a investment approach and bottom-up company analysis.
Sheriden holds a Bachelor of Finance (Newcastle) and is a Fellow of the Financial Services Institute of Australasia having completed her Graduate Diploma of Applied Finance and Investments in 2006.
Andrew Ward - C.A. (S.A) - Senior Portfolio Manager
Andrew Ward joined Fortitude Capital in 2006 during the early growth of the business. As such, he has a thorough understanding of the business objectives and operations. Andrew has trained in the risk management and Market Neutral trading program and now specialises in the Derivatives Overlay and Convergence strategies.
Andrew is a member of the Executive Support Team. This involves both portfolio management and business development responsibilities.
Prior to joining Fortitude Capital Andrew worked as a senior auditor for Ernst and Young Sydney.
Andrew holds a Bachelor of Commerce and a Post Graduate in Accounting from the University of Cape Town.
Donna Dwyer - Senior Operations Manager
Donna Dwyer joined Fortitude in 2008 as an experienced back-office manager. Donna has in-depth experience in systems, processes and post-trade management, ensuring accuracy and reliability of portfolio reporting and reconciliations. Donna liaises with brokers, custodians and investors to provide timely information.
Donna has over 17 years experience in administration and operations of major trading and stock broking companies in the Australian Market. These include: Ord Minnett, E-Trade, Salomon Smith Barney and Citigroup; where she was Vice President of Operations for a period of three years.
