Our Team
David Bedford
CIO & President
David's transition from biomaterials research at the University of California, San Francisco to founding Crescent Bay Capital Management in 2003 marks a compelling journey into the financial markets. Armed with a background in science that honed his analytical prowess and attention to detail, David swiftly established himself in trading from 1999 onwards. By 2004, he became a registered member of both the National Futures Association and the Commodity Futures Trading Commission, solidifying his commitment to the managed futures and options industry. Over nearly two decades, David has adeptly navigated diverse market conditions and economic cycles, continually refining his strategies to reflect his deep industry knowledge and adaptability. Crescent Bay Capital Management's track record of managing varied client accounts underscores David's skill in tailoring trading approaches to meet the unique needs of investors, showcasing his blend of academic foundation and practical expertise. He graduated with a B.S. at Pepperdine University - Malibu.
Marta Obando
CEO & Partner
Marta Obando is a highly experienced financial market professional with a strong background in hedge funds and alternative investments. She has successfully raised capital for prominent hedge funds like Muddy Waters Capital and RAYS Capital, demonstrating her expertise in navigating complex financial markets and fostering investor relationships. Marta's career spans roles as a broker at top-tier investment banks in Hong Kong—Morgan Stanley, Merrill Lynch, BNP Paribas, Bear Stearns, and Citigroup—showcasing her versatility in cash and derivative products. As a founder and partner in a consultancy, she has expanded into private equity and venture capital, excelling in identifying investment opportunities and connecting investors with growth-oriented businesses. With a global network across diverse industries, Marta leverages her relationships with high-level professionals to gain unique insights and competitive advantages. She holds a B.A. from the University of Missouri – Columbia.
John Nivinski
Head of Research & Strategy
John Nivinski is a seasoned software engineer and entrepreneur with over 30 years of expertise in high-frequency trading systems and financial technology. As the founder of companies like Watcher Technologies, Relativity Systems, and Obsidian Investments, he has pioneered fully autonomous trading systems and advanced strategies for stocks, futures, and options. John has also held senior roles at industry leaders, including Datek, Ameritrade, ISLD ECN, and Lightspeed Trading. A U.S. Army veteran, he holds a Bachelor of Science in Computer Science from California State University, Chico.