Eric Fernandez

Two Rivers Analytics, Inc. (TRA) is an independent institutional research firm headquartered in Suffern, New York. The firm was founded by Eric Fernandez in 2010 and provides actionable, high quality investment ideas, with an emphasis on short recommendations to their clients who are hedge funds, mutual fund companies, family offices and RIA’s. TRA also publishes related portfolio strategy work on estimate revisions and factor behavior. The firm also provides reports and insights into the stock and company characteristics driving investment returns, short investor behavior and exposures and unusual movements in sell side estimate revision trends. Their investment process uses a hybrid approach starting with a proprietary short model and finishing with thorough fundamental research. TRA identifies stocks at high risk of a price decline, producing alpha for short and long/short funds and helping long managers avoid hidden risks.

Cirrus Research LLC is an independent investment strategy research firm headquartered in New York City. The firm was founded by Satya Pradhuman in 2007. They provide small-to-mid cap equities research insights. Their clientele includes active portfolio managers, fundamental and quantitative managers, research analysts, strategists, asset allocators, and risk managers at some of the largest global institutions. The firm’s approach is idea driven, supported by quantitative discipline.