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Jonathan Stephens

Jonathan Stephens is a Managing Partner at Ophiuchus Capital Managment.

Prior to joining Ophiuchus, Jonathan was a Portfolio Manager for the $16 billion New York State Insurance Fund (NYSIF), where he successfully ran a domestic large cap equity portfolio for 14 years. In addition to honing his skills as a tactical momentum manager,  Jonathan's fund earned a long term positive track record outperforming the adjusted Russell 1000 index.

A 30 year veteran of the finance industry, Jonathan spent his first 14 years in fixed income sales and trading, with a high concentration in mortgage backed securities, derivatives and emerging markets.

Jonathan is married and lives in New York City. 

Russ Dallen

Russ Dallen is Managing Partner at Ophiuchus Capital Management. 

Prior to founding Ophiuchus, Russ ran investment bank Caracas Capital Markets, was head of the Latin American operations of Oppenheimer & Co., Inc., and Editor-in-Chief of the 65 year old Daily Journal in Venezuela.

Russ was a Fellow at Columbia University in New York, Senior Fellow at the United Nations Association of the USA, an American Fellow in the European Community Visitors Program, the Harold W. Rosenthal Fellow for the United States Senate Committee on Foreign Relations 

Who We Are

in Washington, D.C., and a Center Fellow at the Center for the Study of the Presidency.    Russ was named a Harry S. Truman Scholar to Columbia University by the administration of U.S. President Ronald Reagan and a Foreign & Commonwealth Office Scholar to Oxford University by the administration of U.K. Prime Minister Margaret Thatcher.  A National Commission co-headed by legendary broadcaster Tom Brokaw and Shell Oil head John Bookout named him one of America’s top 10 future leaders for the country’s third century.

Russ holds a Masters and Bachelors in Law from Oxford University, a Diploma in International Law from Nottingham University, and a B.A. in Economics and Political Science from Ole Miss.  His Masters thesis written at Columbia University was named Article of the Year by the Common Market Law Review, Europe’s leading legal journal, and published in book and journal form by them. He has been author and contributing author of 4 books and serves on the International Law Section of the New York State Bar Association.

Russ is a Presidential Fellows Mentor at the Center for the Study of the Presidency and Congress, and he sits on the Editorial Boards of The Hemispheric Review and the southern culture Oxford American magazine, as well as on the Board of Directors of the Harry S. Truman Scholars Association and the Harold W. Rosenthal Fellowship.

A Ner Tamid Award winner, Russ is a member of the Support Committee of Conciencia Activa Venezuela, a foundation headed by the Dalai Lama, Rabbi Pynchas Brener, Cardinal Rosalio Castillo Lara, and Pastor Samuel Olson dedicated to rescuing and restoring ethical and moral values in Venezuelan society. He served on the Media Committee of the Venezuelan American Chamber of Commerce (VenAmCham) and the Board of Directors of the Venezuelan American Friendship Association (AVAA), which provides scholarships to worthy Venezuelan students.  As a firm believer in the need to provide for better education in Venezuela, Russ received the AVAA Award for Patronage in 2004.  In addition, Russ oversaw the annual National Daily Journal Spelling Bee for schoolchildren from 4 to 18 throughout Venezuela.

Married to Venezuelan lawyer Jeanette Garavito, Russ has one son, Russell M. Dallen III, and two daughters, Allegra Julia Faye Dallen and Arabella Sarah Emma Dallen.

Gustavo Higuerey

Gustavo Higuerey is one of the leading examples of the new generation of great investors coming out of Venezuela.  Educated with an M.B.A. from Pace University in New York and a B.S. from Boston College, Gustavo returned to Caracas and worked with Dallen at Oppenheimer & Co., Inc. before leaving to found and build a new bank, Banco del Sol.  A few years later, he would successfully sell the bank for a sizeable multiple of his and his partners' original investments.

Aside from his demonstrated ability to generate huge returns and put money in the pockets of investors, perhaps the most decisive proof of Gustavo's investing prowess was confirmed last year when his latest venture -- Mati Energy - WON Google's prestigious and decisive "Demo Day" for startups in addition to securing further funding from legendary investor and AOL founder Steve Case.  

Gustavo is married and has 3 children.  He divides his time between Caracas, San Juan, Puerto Rico, and Miami. 

Ophiuchus Capital Management