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Gazebo Team

Roy K. McDonald

Mr. McDonald is Chairman/CEO and Portfolio Manager of Gazebo. He has over twenty-five years experience in a wide range of mathematical modeling, including developing a factor-analysis based methodology and adapting traditional risk-hedging alpha-models to risk-tilting models. In addition, he performed internal ballistics, hydrodynamics (launch simulation), and external ballistics modeling for the Dolphin sounding rocket, the world's first privately funded, designed, engineered, manufactured and operated space launch vehicle. Mr. McDonald is also the founding CEO of Connectix Corporation, a successful PC software and peripherals company whose assets were recently sold to Microsoft Corporation, following fifteen years of profitable operations. Prior to Connectix, Mr. McDonald was corporate CFO of Optrotech Ltd., a profitable publicly held (NASDAQ) industrial automation firm based in Nes Ziona, Israel, now a division of Applied Materials. He also held VP Sales and COO Operations positions at Optrotech's U.S. subsidiary. Mr. McDonald was cofounder and VP Marketing of the American Rocket Company, where he also managed the successful static engine and vehicle launch test programs. He holds an honors degree in Physics from Harvard College and an M.B.A. from Stanford University.

Laurie C. Conner

Ms. Conner is President and Chief Operating Officer of Gazebo. She joined the Company in 2000 as a founding team member and Vice President of Marketing and Business Development. Ms. Conner has over twenty-five years experience in a broad range of high-technology industries. Prior to joining Gazebo, she held the position of VP Worldwide Marketing and Sales for New Focus Corporation, a publicly held manufacturer of optical networking and other photonics products for telecommunications and industry (now a division of Bookham Technology). She has held executive positions at Silicon Valley Group, a leading semiconductor equipment manufacturer, Crystallume, a synthetic diamond coating company she helped take public in 1996, and Raychem, an advanced materials company, now a division of Tyco. She began her career in the oil business as a Process Engineer at Exxon's Benicia Refinery. Ms. Conner holds B.S. and M.S. in Engineering from Duke University and Stanford University, respectively, and an M.B.A. from Harvard Business School.

Edward E. Jenvey, Ph.D Architect

Dr. Jenvey has a ¢road theoretical and empirical background, with more than ten years experience in financial mathematics and risk analysis. Dr. Jenvey received his Ph.D. in Mathematics from Stanford University and also holds Bachelor of Science degrees in both Mathematics and Physics with highest honors from the University of California at Davis. His academic work focused on probability and applications of recurrence in dynamical systems to problems in combinatorics. Dr. Jenvey's publications include the following:
  • Strong Stationarity and De Finetti's Theorem
  • Multi-factor Modeling for Pricing of Bond Options in the Heath-Jarrow-Morton Framework
  • Degenerate Parabolic Partial Differential Equations and Option Pricing Models
  • An Introduction to the Mathematics of Option Pricing Theory
Working in collaboration with Gazebo's CEO, Roy McDonald, Dr. Jenvey employs modern portfolio theory, state of the art techniques in computational finance, and advanced techniques in statistical/mathematical modeling to create efficient portfolios with a “point of view” – portfolios that have a risk exposure to a particular investor issue and limited exposure to other market variables.

Jonathan Seder

Mr. Seder joined Gazebo in 2003 with extensive experience in financial decision support systems, and investment and risk analysis. Previously, he worked at SyntelSoft and Syntelligence as architect and principal developer of the Underwriting Advisor® and Lending Advisor® expert system products, commercial software packages which automate underwriting and account processing for commercial property and casualty insurance and commercial banking. This technology, now marketed as Moody's Risk Advisor™ from Moody's Investor Service, is used by many international banks. Mr. Seder also worked on analysis and management of international investments, foreign currency trading, and a variety of technology-based products at Bank of America. Mr. Seder holds a BA with honors from Harvard College and an MBA from Harvard Business School.

Mario Azevedo

Mr. Azevedo joined Gazebo in 2001 where he is responsible for developing and managing the Company's portfolio analytics and database systems. Prior to joining Gazebo, Mr. Azevedo worked as an equity trader, the success of which lead to his training and managing other traders and an office at the Pacific Stock Exchange. He is a Series 7 licensed broker. Mr. Azevedo holds a BS in Computer Information Systems from San Francisco State University with a minor in Finance.

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