Seasoned professionals with extensive capital markets, public and private asset management experience


Edward Ilyadzhanov, Founder & CIO

Mr. Ilyadzhanov is the Chief Investment Officer and Founder of E Squared Capital Management, which he started in 2009.  Prior to founding E Squared, Mr. Ilyadzhanov spent 15 years at UBS, Cowen & Co and DLJ, working on their Equity Capital Market desks where he originated and executed lead managed IPOs and secondary transactions.  Mr. Ilyadzhanov also spent 6 years in institutional equity sales, where he led a team of sales professionals providing equity research and analysis to investment funds. 

Mr. Ilyadzhanov is also a real estate investor as well as an angel investor having invested in multiple start-ups in Technology, Healthcare, and the Consumer space.  He serves on the Board of Trustees of the Circle Academy Charter School, and he graduated from St. John’s University with a Bachelor in Science in Accounting. 


Les Funtleyder, Healthcare Portfolio Manager

Mr. Funtleyder is a Healthcare Portfolio Manager at E Squared Capital Management where he is responsible for conducting fundamental and valuation analysis of public and private companies within the healthcare industry.  Prior to E Squared Mr. Funtleyder was the Director of Strategic Investments for Opko Health. Prior, he was a healthcare strategist and portfolio manager for the Miller Tabak Health Care Transformation Fund (Symbol: MTHFX). He joined Miller Tabak, after managing a healthcare portfolio for Provident Advisors, a hedge fund in  Minneapolis, Minnesota.  Before joining Provident, Les worked as a medical device analyst at UBS Warburg. He also covered Biotechnology stocks at Bigelow and company.

His industry experience includes directing clinical and business research at Innovative Health Solution, a joint venture of Merck and Wyeth; and as a consultant to HMOs and hospitals for Coopers & Lybrand and Health Strategies Group. He started his healthcare career at Empire Blue Cross/Blue Shield.

Mr. Funtleyder wrote Healthcare Investing: Profiting from the New World of Pharma, Biotech, and Health Care Services (McGraw Hill), which bridges the gap between health reform, innovation and investing. He is widely quoted in the Wall Street Journal, the New York Times, and the Financial Times, and is a frequent guest on CNBC, Bloomberg and NPR for his perspective on the healthcare sector and its constituent companies. He is also a consulting partner to Bluecloud Health, a Sub-Saharan healthcare private equity fund, and on the board of several healthcare companies and foundations. Last, Les is currently at Adjunct Professor of Public Health at Columbia.

Les earned his Masters of Public Health from Columbia University Mailman School of Public Health, and studied English and Economics at Tulane University.  

Evan Fox, Portfolio Manager

Mr. Fox is a Portfolio Manager at E Squared Capital Management where he analyzes most capital markets transactions and invests in primarily the Industrials, Transports, Basic Materials, Energy, Housing and Financials sectors.  Prior to working at E Squared, he was a Senior Equity Analyst at Millennium Management, one of the largest hedge funds in the world, where he analyzed U.S. and foreign equities as well as capital markets transactions.  Before working at Millennium he was a Portfolio Manager at Rosecliff Capital and a Senior Equity Analyst at Kingside Partners.  Mr. Fox began his Wall Street career as an Equity Analyst at Circle T-Partners, a $500 MM New York based hedge fund.  He began his professional career as a corporate/securities attorney at a small New York law firm.  Mr. Fox graduated with a JD from Brooklyn Law School and Cum Laude from Brandeis University.     

Rob M. Corbett, Portfolio Manager

Mr. Corbett is a Portfolio Manager at E Squared Capital where he manages the firms Technology and Consumer investments.  His research approach is rooted in fundamental analysis where he leverages over 20 years of public and private company investment experience.  Prior to joining E Squared, Mr. Corbett was an active angel investor working with venture stage companies in the consumer, digital media, and cyber security industries.  Prior to that he spent thirteen years in the investment management business: As a senior portfolio manager with Columbia Management and Oppenheimer Funds managing micro-cap, small cap, and mid cap growth portfolios. Additionally, Mr. Corbett was a senior analyst with Oppenheimer Funds, Fortis Advisors and Morgan Stanley/Dean Witter where he covered emerging growth technology, consumer, industrial, and energy stocks.

Mr. Corbett has a B.S in business from LeMoyne College. 

Daniel Boro, Trader

Mr. Boro is the head trader at E Squared Capital Management. He has over 10 years of experience trading equities. He began his wall street career with Falcon Ridge Capital on their trade support team.  Prior to joining E Squared, Mr. Boro worked as a junior trader at Admiral Asset where he was responsible for trading equities for several sectors.