Brett M. Friedman Email & Phone Number

New York, United States; Salt Lake City, Ut

• Provide advisory services in multi-asset risk assessment and metrics, market, liquidity, and operational risks, trading operations and strategy, risk models, tools, and metrics, scenario and stress analysis, new product development and implementation, and reporting• Clients include asset management firms, proprietary trading operations, FCMs, and multi-asset trading platforms. Regularly present to Boards of Directors, executive management, and risk committees• Successfully completed the valuation and sale of an extremely large and complex natural gas options portfolio (> 10,000 individual trades, > 1 million contracts). Presented strategies and secured Board approval for sale within two months. Named “Deal of the Year” by Energy Risk Magazine• Performed risk and operational assessments for over 25 funds, trading platforms, and FCMs. Included capital sufficiency, limits, and performance analysis as well as product, risk metrics and control, personnel, systems, and regulatory review. Outsourced full-time CRO and COO to Brick Accretive Management, 2016-2019• Assessed adequacy of margin risk metrics and proposed new limit structure for a large FCM. Implemented risk policies and risk metrics for a new proprietary trading operation and a major multi-asset hedge fund.

New York

• CRO and COO of Brick Accretive Management, an absolute return equity and option-based hedge fund startup• Implemented overall market and operational risk management framework and processes, including risk metrics, analytics, customized stress tests, and reporting tools designed for the fund’s high option concentration portfolio• Reviewed and monitored liquidity, intraday and overnight risk, portfolio allocation, and performance drivers• Developed and implemented flexible in-house management reporting and risk oversight system; integrated with trade execution system, external data providers, and prime brokers • Provided business management and oversight for all day-to-day operations, finance, workflows, reporting, controls, compliance, HR, budgeting and expenses, and accounting. Managed interactions with fund administrator, prime broker, accounting, and vendors• Authored all investment materials, edited monthly market and research publications, and communicated overall strategy and risk to current and potential investors.

New York

• Chief Risk Officer for hedge and private equity funds with over $8 billion in assets. Portfolios included extremely large and complex commodity, natural resource-based equity, and options positions• Measured and monitored the global market, liquidity, and risk exposure of six different funds, strategies, and trading teams. Managed team of five risk and quantitative personnel• Collaborated with portfolio managers, traders, quants, and IT on portfolio allocation, limits, and operational and risk aspects of new products and risk applications• Selected and installed new risk system, improved trade entry to risk system accuracy and efficiency; reduced input error by 90% • Presented to investors funds' current risk profiles, metrics, controls, and overall risk management framework and strategy.

New York

• Founded and managed trading operations and risk management evaluation practice• Specialized in trading operations and market risk, energy products, investment strategy review, risk frameworks design, risk organization management, limit and metric construction, model validation, valuation, risk and hedging policies, performance measurement, and business strategy• Regularly presented results and findings to Boards of Directors, C-suite executive management, and outside committees.

London, United Kingdom

• Responsible for the overall market, operational, and counterparty risks of over 20,000 MWs of gas and coal fired generation located in the US, the UK, and Australia• Managed over 60 risk and trading personnel worldwide; regularly collaborate with plant managers• Chair, Risk Committee; reported directly to CEO; frequent and extensive collaboration with finance, legal, internal audit, IT, and CFO, COO, and Board of Directors.

Houston, Texas, United States

Risk manager for US power and natural gas• Initiated risk management operations for new trading operation

Salt Lake City

Initiated middle office operations in electricity; established risk policies, metrics and limits, position tracking and confirmation procedures, mark-to-market technique, risk reporting, counterparty credit limits, and system installation• Managed installation of first risk management system• Monitored ongoing risk of western electricity and natural gas positions • Evaluated the Dynegy trading operation and assets as part of merger negotiations.