Kevin Duffy

Kevin Duffy co-founded Bearing Asset Management in 2002 along with Bill Laggner.  Since inception, the Bearing Fund, which they co-manage, performed in the top 6% of global macro hedge funds.  He and Laggner were vocal critics of the 2007 credit bubble, shorting many of its most aggressive players including Countrywide Financial, Fannie Mae, Citigroup, and Bear Stearns.  Prior to Bearing, Duffy co-founded Houston-based Lighthouse Capital Management in 1988.