Seafarer®

Pursuing Lasting Progress in Emerging Markets

Team

Chris Clayton

Director of Trading

Chris joined Seafarer Capital Partners in 2016 and is the Director of Trading.  Prior to joining Seafarer, Chris worked on the trading desk at Tora Trading Services.  Previously, he was based in Hong Kong as managing director and trader for Evolution Capital Management, an Asia-Pacific focused multi-strategy hedge fund.  Chris began his career in Bangkok as a Thai equity analyst with Macquarie Securities. 

Chris holds an A.B. in Philosophy from Harvard College.

Daniel Duncan, CIMA

Managing Director, Business Development and Client Services

Daniel joined Seafarer Capital Partners in 2014 and is responsible for business development and client services. Prior to joining Seafarer, Daniel was a Vice President, Relationship Manager at Matthews International Capital Management, adviser to the Matthews Asia Funds. At Matthews he led business development initiatives, primarily focusing on broker-dealer firm clients. Previously, Daniel was an Account Specialist at Janus Capital Group, supporting the firm’s sales efforts through financial institutions, and a Financial Consultant with CUNA Mutual Group. He began his career in finance as a Financial Advisor with Morgan Stanley.

Daniel received a B.S. in Hospitality Management from Texas Tech University and an International M.B.A. from the University of Denver’s Daniels College of Business. He is a Certified Investment Management Analyst (CIMA).

Paul Espinosa, CFA

Lead Portfolio Manager

Paul joined Seafarer Capital Partners in 2014. He is the Lead Portfolio Manager of the Seafarer Overseas Value Fund and a Co-Manager of the Seafarer Overseas Growth and Income Fund.

Paul’s career has focused on equity analysis in global emerging markets. Previously, he was a London-based equity research analyst at Legg Mason, where he was responsible for stock selection in the industrial and consumer sectors. His portfolio responsibilities included core, small cap, and market-neutral strategies among others. Prior to joining Legg Mason, Paul performed the same function with the same team at Citigroup Asset Management and J.P. Morgan Investment Management in New York. He began his career as a corporate finance analyst at Salomon Brothers’ Financial Institutions Group.

Paul holds an A.B. in Economics with Honors from Brown University. He is a CFA charterholder and a member of the CFA Institute.

Andrew Foster

Founder, Chief Investment Officer, and Lead Portfolio Manager

Andrew founded Seafarer Capital Partners in 2011. He is the Lead Portfolio Manager of the Seafarer Overseas Growth and Income Fund and the Co-Manager of the Seafarer Overseas Value Fund.

Prior to founding Seafarer, Andrew worked at Matthews International Capital Management, adviser to the Matthews Asia Funds. While there, he served in a number of roles, including Portfolio Manager, Director of Research and Acting Chief Investment Officer. Andrew was directly responsible for the management of $4 billion in emerging market assets, and oversaw both public mutual funds and private accounts, including a sub-advisory relationship for Bank of Montreal’s Asian Growth and Income Fund.

Andrew began his career in emerging markets in 1996, when he worked as a management consultant with A.T. Kearney, based in Singapore.

Andrew holds an A.B. in Public Policy and a secondary degree in Economics from Stanford University and an M.B.A. from INSEAD in France.

Michelle Foster, CFP®

Founder and President

Michelle founded Seafarer Capital Partners in 2011 and serves as President. Previously, she was a member of the investment advisory team at Litman Gregory Asset Management, an independent wealth management firm. Prior to joining Litman Gregory, Michelle was a Principal in the iShares division of Barclays Global Investors (now known as Blackrock). While there, she was responsible for the development of exchange traded funds in asset classes such as international equity, emerging markets equity, and fixed income. Michelle began her career as an investment banking analyst at J.P. Morgan.

Michelle holds an A.B. in Economics with Honors from Stanford University and an M.B.A. from the Stanford Graduate School of Business. She is a CERTIFIED FINANCIAL PLANNER™ (CFP®).

Stephanie Gan, CFA

Analyst

Stephanie joined Seafarer Capital Partners in 2017 and is an analyst on the investment team. Prior to joining Seafarer, Stephanie was a securities analyst at Manresa Capital. Previously, she was a finance and business operations analyst at Silver Spring Networks. Stephanie began her career as an investment banking analyst with Morgan Stanley’s Global Technology Group.

Stephanie holds a Bachelor’s degree in Economics and a Master’s degree in Management Science and Engineering from Stanford University. She is a CFA charterholder and a member of the CFA Institute.

Kate Jaquet

Co-Portfolio Manager

Kate joined Seafarer Capital Partners in 2011. She is a Co-Manager of the Seafarer Overseas Growth and Income Fund. Before Kate joined Seafarer, her career focused on credit analysis in emerging and developed markets. Most recently, she was a senior research analyst in the high yield group at Seneca Capital Management. While there, Kate covered the metals and mining, oil and gas, and utilities industries as well as emerging market sovereign and corporate issuers. Prior to joining Seneca, she worked at Credit Suisse First Boston, first as an investment banking analyst in the Latin America group, and later as a research analyst covering bond issuers in Latin America and Asia. Kate began her career as an economic policy researcher for the Adam Smith Institute in London.

Kate holds a B.Sc. with Honors in Economics and Government and a M.Sc. in Economics and Public Policy, both from the London School of Economics.

Kevin Jo

Trading and Operations Analyst

Kevin joined Seafarer Capital Partners in 2015 and is a Trading and Operations Analyst. Kevin’s career has focused on trading and operations. Prior to joining Seafarer, he was an Associate in fixed income trading operations at Sutter Securities. Previously, Kevin worked as a Trading Analyst for a registered investment adviser and an investment bank.

Kevin received a B.S. in Business Administration from San Jose State University and an M.B.A. from Santa Clara University.

Ryan Kelley, CFA

Client Services Specialist

Ryan joined Seafarer Capital Partners in 2016 and serves as a Client Services Specialist. Prior to joining Seafarer, Ryan performed trading and customized portfolio management for individual clients at a financial advisory firm. Previously, he analyzed Latin American corporate bonds and over-the-counter derivatives for Compañía de Seguros CorpVida S.A., an insurance company based in Santiago, Chile. Ryan began his career as an investment analyst for PlanMember Advisors Corporation, eventually becoming a portfolio manager for the firm’s tactical asset allocation portfolios and leading the firm’s mutual fund due diligence process.

Ryan earned a Bachelor's degree in Business Administration from Sonoma State University. He is a CFA charterholder and a member of the CFA Institute.

Kevin Lammert, CPA

Chief Financial Officer

Kevin joined Seafarer Capital Partners in 2016 and is the Chief Financial Officer. Prior to joining Seafarer, Kevin was the Chief Financial Officer of Fiduciary Research and Consulting, an investment management firm. His previous financial services experience includes Avera Global Partners, a global long/short hedge fund where he served as Chief Financial Officer, and TriplePoint Capital, a venture leasing company. Kevin began his career in accounting in the audit department of Arthur Andersen and Company in 1981.

Kevin holds a B.S. in Accounting from the Wharton School of Business and an M.B.A. from Golden Gate University. He is a Certified Public Accountant.

David Lenik

Chief Compliance Officer and Fund Administration Manager

David joined Seafarer Capital Partners in 2016 and is the Chief Compliance Officer and Fund Administration Manager. Prior to joining Seafarer, David was a Managing Director in the Compliance and Legal Services department at Charles Schwab, where he was responsible for evaluating the effectiveness of compliance controls for affiliated institutional investment advisors and Schwab Funds. Previously, he was a Compliance Director at BlackRock and Barclays Global Investors, where he focused on the compliance programs for ETFs, mutual funds and ERISA regulated collective trust funds. David held fund administration and compliance roles at LGT Asset Management and began his financial services career at Wells Fargo.

David received a B.A. in English Literature from the University of California at Santa Cruz and studied finance and economics at Golden Gate University.

Alex Lusherovich

Managing Director, Trading and Operations

Alex joined Seafarer Capital Partners in 2013 and is responsible for trading and operations. Prior to joining Seafarer, Alex worked for Tora Trading Services in Hong Kong, where he was responsible for electronic trade execution, trading operations and product development. Previously, he was an investment analyst for a long-short equity fund and an operations analyst for a small-cap investment manager.

Alex holds a B.A. in Political Science from the University of California at Berkeley.

Inbok Song

Director of Research

Inbok joined Seafarer Capital Partners in 2016 and is the Director of Research.  She is responsible for the quality of the firm’s research processes and systems, and oversight of training for the firm’s analyst staff.  Inbok also conducts fundamental research in support of the firm’s investment strategies. Prior to joining Seafarer, Inbok was an Associate Portfolio Manager at Thornburg Investment Management, focused on emerging markets.  Previously, she was a Co-Manager of the Matthews Pacific Tiger Fund at Matthews International Capital Management, adviser to the Matthews Asia Funds. Inbok began her career in emerging markets in 2005 as an analyst with the T.Stone Corp, a private equity firm based in Seoul, Korea.

Inbok holds a Bachelor’s degree and a Master’s degree in Material Science and Engineering from Seoul National University.  She also holds a Master’s degree in International Management from the King's College, University of London, and a Master’s degree in Management Science and Engineering with a concentration in Finance from Stanford University.

Brian Stableford

Director of Investment Operations

Brian joined Seafarer Capital Partners in 2016 and is the Director of Investment Operations. Brian brings thirty years of experience in custody, fund administration, and trading to Seafarer. Prior to joining Seafarer, he was a Solutions Engineer at Advent Software, a provider of portfolio management and accounting systems for investment management firms.

Brian studied Economics and Chemistry at Boston University, graduating with a B.A. in Economics.

Natalia Urbanek

Business Development Specialist

Natalia joined Seafarer Capital Partners in 2016 and serves as a Business Development Specialist. Natalia’s career has focused on the mutual fund industry and client service. Prior to joining Seafarer, she was a Senior Representative in global investment operations at Northern Trust. Natalia began her career as a Fund Accountant in mutual fund valuation at Northern Trust. 

Natalia received a B.S. in Finance and Management from DePaul University. 

Daniel Duncan, Michelle Foster, Kate Jaquet, Ryan Kelley, David Lenik, and Natalia Urbanek are Registered Representatives of ALPS Distributors, Inc.